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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Can you explain marginal tax rates to them as well?
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Obviously not.
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You either don’t get marginal taxes, or you’re willingly misrepresenting them. The latter is far more plausible.
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Could easily be the former inthis case, sadly.
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The ones making $10 were not the ones being taxed at 70%. So you are lying to 5th graders, and now bragging about it?
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How is it that your understanding of marginal tax rates is less sophisticated than a fifth grader?
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He’s a Republican. He’s paid to lie/fail to understand.
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