related_tweet: @jasonawest @poliktol @lennyx2010 @houseofstreams @vote4robgill @50cent it's only income over $x (not entirely sure what x is in this case) being taxed at that rate it's called a marginal tax.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  under the eisenhower administration based on today's dollars those rates would only apply to any income earned past like $2 million