Just to be clear: with a marginal tax rate, if your income is $10,000,001, you pay $0.70 tax for the $1, and the rest of the $10,000,000 is taxed according to the lower tax brackets.
The first $50,000 of that $10 million is taxed just like the guy that only made $50,000.
The US tax system is slightly more complicated than this, but there’s no situation where you can get stuck with a huge additional bill because you edged slightly into the next higher tax bracket.
Really makes you think what if the people in the meme actually understood these bits. Oh what am I saying, they would and still insist this is the big bad.