Detailed text transcripts for TV channel - MSNBC - 20190108:18:55:00
Share in taxes than everyone else does. she says all individual income above $10 million a year should be taxed at a 70% tax rate. that way the extra revenue generated could be used to fund things like green infrastructure and medicare for all. now, the current highest tax bracket on the books for individuals is 37%. that's on all income above $500,000 a year. this is down from a previous high of 39.6% on income of more than $418,000 a year, thanks to the republican tax law that president trump signed in late 2017. now, you see, the united states has what's called a progressive federal income ...