Tax Brackets

I think it's time to replace tax brackets with a continuous sliding scale. Under the current scheme, a difference of a dollar can change one's tax rate by 5-10% which seems unfair and invites abuse. I don't know if other countries differ in this regard.

From my Guestbook 2019-06-01, a reader writes:

— That's not how tax brackets work. the increased tax rate only applies to the portion of income in that bracket, e.g., if I make $9,526, I'm taxed 10% on 9,525, and 12% on the $1 in the higher bracket.

Thank you, I didn't know that.

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