Comment Re:Flat Tax (Score 1) 866
That's not how brackets work.
As a hypothetical example, you pay:
0% on your 1st $10k
10% on your 2nd $10k
20% between $20k and 70k
and 33% after that.
That doesn't mean at 100k you are paying 33k in taxes. It means you are paying $1k on your 2nd 10k, 10k on your next 50k, and 10k on your next 30k, for a grand total of 21k. At no point did you bring home less because you are making more.
Also, I understand how increasing tax rates may create less of an incentive to make more money. But a disincentive? Come on! I may only get to directly benefit from 60c out of every dollar I earn after 200k. But that doesn't mean that I see no benefit from it. I would just get a slightly smaller marginal return than I was before.