you didnt read that correctly, anyone making up to 250k would get taxed the same way as they are now... anyone making over 250k would get to keep 250k after taxes, any amount over 250k would be taxed 70%
for example if you make 450k a year, you would get taxed normal up to 250k amount, and then the other 200k would get taxed 70%....
for example if you make 450k a year, you would get taxed normal up to 250k amount, and then the other 200k would get taxed 70%....