
Spending & Earning
The Salary Penalty: Why Trump’s Tax Bill Hits a Banker Harder Than a Plumber
These days the biggest factor determining what high earners owe the government is how they make their money.
Not all millionaires are created equal — at least according to the IRS.
These days the biggest factor determining what high earners owe the government is how they make their money. And, for the rich and middle class alike, salaried professionals tend to pay far higher rates than other Americans with equivalent incomes.