Note: This is a repost of a Daily Kos diary I published about a year and a half ago. I was inspired to repost it by the current story about a business owner who’s afraid to earn more than $250,000 because she thinks she’ll lose money by doing so.
When I reposted it last night over at Daily Kos, it hit the Rec list and the poll received over 500 responses. According to those results, 23% of Daily Kos readers didn’t understand how tax brackets worked before reading the diary.
Think about that — this is a pretty highly-educated, policy-savvy, math-and-science-aware, reality-based community overall, and almost a quarter of them weren’t/aren’t aware of one of the most basic tenets of the tax code.
The Full Monty after the jump.Read more ›