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Michael Shermer @michaelshermer This is NOT how pre-Reagan progressive tax rate works @Scott Walker I can't believe you made it this far thinking that, for example, a 70% tax rate means someone making $1000 a month takes home only $300. IRS explains it here: apps.irs.gov/app/understand Oppose it, ok, but understand! Scott Walker @ScottWalker Explaining tax rates before Reagan to 5th graders: "Imagine if you did chores for your grandma and she gave you $10. When you got home, your parents took $7 from you." The students said: "That's not fair!" Even 5th graders get it.

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This is NOT how pre-Reagan progressive tax rate works @ScottWalker I can't believe you made it this far thinking that, for example, a 70% tax rate means someone making $1000 a month takes home only $300. IRS explains it here: https://apps.irs.gov/app/unde


Uploaded by Matt Jan 16, 2019 at 03:30PM EST

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Origin Entry: "Imagine If You Did Chores for your Grandma"

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Replying to @ScottWalker Why not explain it properly: "imagine if you did chores for your grandma and she gave you $10, and your parents took none of it, then the rich a------ down the street made $10 million, and the government let them keep several million, but kept some to build schools and roads"
Replying to @ScottWalker Explaining taxes rates to less stupid people: ,,Imagine if you did chores for your grandma and she gave you $10. When you get home your parents ask for $7 to buy you school supplies, get you food and support your sick little brother" The student said: ,,That sounds reasonable" C0
1/2 How about this way: "lmagine if you did chores for your grandma and she gave you $10. When you got home, your parents took $3.50 from you. In exchange, they give you a place to live, food, and medical care."
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"Imagine If You Did Chores for your Grandma" - This is NOT how pre-Reagan progressive tax rate works @ScottWalker I can't believe you made it this far thinking that, for example, a 70% tax rate means someone making $1000 a month takes home only $300. IRS explains it here: https://apps.irs.gov/app/unde

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Uploaded Jan 16, 2019 at 03:30PM EST

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"Imagine If You Did Chores for your Grandma"

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@michaelshermer, reagan, taxes, scott walker

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