Leon Cowle on Nostr: npub10dxaf…d0dm6 YIKES — 45%!! At as low as R1.8m?! Our highest is 37% and that's ...

npub10dxafmw65292jj77fv3y8zmfc59lns47f4j6au2ahs47acy9ex7ssd0dm6 (npub10dx…0dm6) YIKES — 45%!! At as low as R1.8m?! Our highest is 37% and that's for income over $609k (single) or $731k (married). I.e. R11m or R13m. I would guess most decently well-off middleclass people here probably pay in the low 20%’s tax*.

(*federal income tax. then there's possibly state income tax, too, though we don't have that here in Texas.)