More bracket on Tax Rate Schedule for 2024
In 2023 and previously, I think, there would be four brackets for each filing status. Now there are seven.
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spooky3
(36,948 posts)question everything
(49,552 posts)And the IRS already has a correction for this year schedule. For married filing separately..
Oh well..
Response to question everything (Original post)
surfered This message was self-deleted by its author.
surfered
(4,972 posts)…in the Tax Cuts and Jobs Act of 2017; however, those brackets sunset 12/31/25 and who knows what they’ll do after that?
Callie1979
(555 posts)Start with a MINIMUM rate for anyone making over 1 million yearly.
Same with corporate taxes; set a MINIMUM rate to be paid.
walkingman
(8,856 posts)to different segments of our society. Instead of equality, there are special cutouts to different segments. That will never change because there are huge numbers of people employed simply to help us taxpayers to navigate the system - accountants, tax preparers, lawyers, and many more.
As we transition to a Oligarchy I expect it to get worse not better - hope I'm wrong. ☮