• Kairos
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    15 hours ago

    This is actually not true as it doesn’t take into account the standard deduction

    • jacksilver@lemmy.world
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      15 hours ago

      Read the chart, it says taxable income.

      Deductions and other tax games may lower you’re taxable income, but the progressive tax brackets apply this way to all taxable income.

    • finitebanjo@lemmy.world
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      17 hours ago

      It does not take into account a lot of things, namely the many many deductions for qualifying individuals.

    • yunxiaoli@sh.itjust.works
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      16 hours ago

      Not all people take the standard deduction, this is true before all deductions and similar economic stimuli.