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Personal Finance and Investing

walkingman

(9,113 posts)

6. Our entire tax code is extremely complicated for a reason - to provide special privilege

Reply to question everything (Original post)

Wed Jan 15, 2025, 09:23 PM

Jan 2025

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. ☮

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More bracket on Tax Rate Schedule for 2024 [View all] question everything Jan 2025 OP

According to this source, there were 7 in 2023: spooky3 Jan 2025 #1

Yes, my mistake. I was looking at the Minnesota One.. question everything Jan 2025 #2

This message was self-deleted by its author surfered Jan 2025 #3

There have been 7 brackets for quite a while, but the rates were reduced .. surfered Jan 2025 #4

Scrap the tax code & start over Its ridiculous. Callie1979 Jan 2025 #5

Our entire tax code is extremely complicated for a reason - to provide special privilege walkingman Jan 2025 #6