marginal tax rates from 1954 are in red below, current rates in blue —
it’s nice to know that when I push my income up over the $750,000 mark, my marginal tax rate won’t go from 88% to 90% (paying $900 in taxes for every additional $1,000 I earn), like back in the ’50s. I’ll only be paying $370 tax on each addition $1000, just like back when I only made $325,000. good times.
[political calculations has all kinds of interesting stuff, like what are the chances your marriage will last? (KJ and I have a 45% chance of reaching 25 years and a 30% chance of reaching 35 years… yikes!)]