Why are the tax/income levels so random? Sometimes there’s a 2% increase between levels, and sometimes 10%. The first tax bracket is until $11k, but the ones after that seem completely arbitrary.
Is there a reason for these amounts? Wouldn’t it be simpler/better to just have even numbers?
In: Economics
Nothing shows how the sausage gets made like the US tax code. Once you understand that federal law is a hodge podge of compromise, special interest lobbying, and changes heaped up changes across generations of legislative sessions the fact that it doesn’t make sense starts to make sense.
Few things are as political as taxes. And it’s best to realize all the seemingly random things are a result of negotiations, lobbying, and political compromise.
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