this post was submitted on 15 Jan 2024
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Yeah for some poor sod who wins the lottery, publishes his banger novel and gets his oscar worthy multi million dollar movie into cinema and therefore gets an income above 10 million $ that year, I don't think he will be signficantly hurt paying 70 % tax on everything above those 10 million $.
Oh yeah I wasn't thinking about the tax bracket correctly in this case.