@Precisionbow X
What he's saying is that each portion of your income is taxed according to its bracket, not your total income at one single rate.
So, if you made $100,000:
The first $1,000 might be taxed at 1%
The next chunk, say from $1,001 to $10,000,** is taxed at 10%
Then 20% for the portion from $10,001 to $50,000
And so on.
You don’t jump into one big tax bracket and lose half your income — you pay each bracket’s rate only on the income within that bracket. That’s what “marginal tax” means.
Now, if you're wondering where the “weebs” and “utter morons” part is coming from, it's referencing a translator’s note in the manga. They misunderstood marginal tax and assumed people pay over 50% of their entire income, which isn’t how it works at all.
And finally, if his attitude throws you off — well, this man lives on a pedestal so high, he has to call NASA for a ride back down whenever he decides to come off it.
What he's saying is that each portion of your income is taxed according to its bracket, not your total income at one single rate.
So, if you made $100,000:
The first $1,000 might be taxed at 1%
The next chunk, say from $1,001 to $10,000,** is taxed at 10%
Then 20% for the portion from $10,001 to $50,000
And so on.
You don’t jump into one big tax bracket and lose half your income — you pay each bracket’s rate only on the income within that bracket. That’s what “marginal tax” means.
Now, if you're wondering where the “weebs” and “utter morons” part is coming from, it's referencing a translator’s note in the manga. They misunderstood marginal tax and assumed people pay over 50% of their entire income, which isn’t how it works at all.
And finally, if his attitude throws you off — well, this man lives on a pedestal so high, he has to call NASA for a ride back down whenever he decides to come off it.