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Originally Posted by Wooders0n
Citation needed
afaik he hasn't released his exact tax rates, but if you have them handy it would be nice to see. I do know that he feels that people in the $250k-500k/yr range should pay more and I am strongly against that. If you have a few kids and live in a major city you're going to be spending a huge portion of that income on housing, childcare, food, and other basic "necessities." Childcare itself can easily run $1500/month per child in a major city. If you make $360k and pay 50% (federal, state, local, social security, etc.) then you've now got $15k/month. If you have 3 kids you just spent 30% of your budget on childcare and don't even have a house, car, food, clothes, retirement savings, or anything else covered yet.