Capitalism
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Marginal Rates: For tax year 2026, the top tax rate remains 37% for individual single taxpayers with incomes greater than $640,600 ($768,700 for married couples filing jointly).
The other rates are:
35% for incomes over $256,225 ($512,450 for married couples filing jointly);
32% for incomes over $201,775 ($403,550 for married couples filing jointly);
24% for incomes over $105,700 ($211,400 for married couples filing jointly);
22% for incomes over $50,400 ($100,800 for married couples filing jointly);
12% for incomes over $12,400 ($24,800 for married couples filing jointly).
The lowest rate is 10% for incomes of single individuals with incomes of $12,400 or less ($24,800 for married couples filing jointly).
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“President Trump ratcheted up tariff and trade tensions with China on Friday. In a post on Truth Social, the president said the US would impose an additional 100% tariff on Chinese goods starting on Nov. 1, 2025.”
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“Art is not a pleasure, a solace, or an amusement; art is a great matter. But most art of the upper classes is made for luxury, and does not serve the poor in any way.”
— Leo Tolstoy, What is Art? (1897)
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“It’s all about money, not freedom, y’all, okay? Nothing to do with fuckin’ freedom. If you think you’re free, try going somewhere without fucking money, okay?”
— Bill Hicks
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MIT 15.401 Finance Theory I, Fall 2008 – Session 19: Efficient Markets II (Instructor: Andrew Lo), MIT OpenCourseWare