It already is more money more tax. Its a marginal system so its kind of confusing but to break it down, lets say you are a single man who earned $250k in 2008.
8025 x .1 = 802.5
(32550-8026) x .15 = 3678.6
(78850-32551) x.25 = 11574.75
(164550-78851) x .28 = 23995.72
(250000-164551) x .33 = 28195.17
Add that up and its $68249.74
With FICA (Social Security and Medicare) + $6,324
Total $74,573.74
Or 29.83% of income
If you made $30k in 2008 your taxes are:
8025 x .1 = 802.5
(30000-8026) x .15 = 3296.1
Which is $4098.6 income tax
FICA = (30000 x .062) = 1860
Total = $5958.6
Or 19.86% of income
8025 x .1 = 802.5
(32550-8026) x .15 = 3678.6
(78850-32551) x.25 = 11574.75
(164550-78851) x .28 = 23995.72
(250000-164551) x .33 = 28195.17
Add that up and its $68249.74
With FICA (Social Security and Medicare) + $6,324
Total $74,573.74
Or 29.83% of income
If you made $30k in 2008 your taxes are:
8025 x .1 = 802.5
(30000-8026) x .15 = 3296.1
Which is $4098.6 income tax
FICA = (30000 x .062) = 1860
Total = $5958.6
Or 19.86% of income