Congratulations, you go up to 28. If you're one of those top earners, you now have functionally a 37% tax rate. You're going to 39.6. All the marginal tax rates go up and that happens next year. So at the moment, this election is over, the negotiations begin on this and it will matter who's in the Senate, Finance, who's in the House Ways and Means Committee, because the math, the math takes off. (14:03–14:07)
CLAIM
Asserts that marginal tax rates will increase next year.
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