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That everyone should pay their fair share, i don't i don't like the connotation that were targeting different people. >> senator manchin seems to be ignoring for the moment, that we already target different people, in the tax code. depending on how much income they, have we now have seven different tax percentages, in the income tax code, beginning at 10%, and going all the way up to 37%. that top 37% is for incomes over $523, 600, if you are single. and there is a parallel tax code, with seven different thresholds, for married couples income, and the married couples income hit the top tax rat...

And there's a parallel tax code with seven different thresholds for married couples' income. married couples' income hit the top tax rate of 37%, only when they have $628,300 of income. so, so, we have different tax brackets targeting but he's worried about targeting billionaire? he's go having to to come up with a better reason, unless he wants to support a flat tax, where every taxpayer pays the same percentage, no matter what their income is, a wacky republican idea years ago. so, the billionaire's tax remains alive. the billionaire's income tax

$523,600 for an individual, $628,300 for a couple. out of the house democrats' plan, single taxpayers earning $400,000 or more and married couples earning $450,000 or more would see their top marginal income tax rate increase from 37% to 39.6%. their top rate on capital gains would rise from 20% to 25%. is it fair to have the same numerical threshold across the country? with the cost of living varies widely between middle america and the coasts and between country and city. joining me now is brad, a financial psychologist, coauthor of "money mammoth: harness the power of financial psychology t...