fund things like green infrastructure and medicare for all. let s look at how taxes run right now. the current highest tax bracket at a federal 11 is 37% on all become above $500,000 a year, down from 39.6% on income that was made because of the republican tax law that trump signed in late 2017. the united states has a progressive federal income tax system where americans are taxed at higher rates with rising income brackets. a progressive system spreads the burden more equitiably between the rich and the poor. here s how it works practically speaking. you pay a 10% rate on the first $9,525 of annual income. anything above that, you get a 12% rate. up to the next 82.5, you go to