Who will pay for the $2 trillion infrastructure project?
Dear Editor, If you are making less than $40,000 a year, then you probably don’t care that single people making over $523,601 pay 37% of their income in federal taxes. Married people filing jointly making over $628,301 also pay 37%. These people make it and can afford to pay it, we often say. What affects someone else doesn’t bother us that much when it comes to income and taxes. Let’s say you are making $35,000 this year but next year you have an opportunity to make $45,000. Suddenly your federal tax rate increases from 12% to 22%. This is a…
