• redandgray@beehaw.org
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    1 year ago

    Remember that this is a marginal income tax rate, i.e. it does not apply to the first $1 million of taxable annual income, only to the amount in excess of that threshold.

    • apis@beehaw.org
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      1 year ago

      Assumed that as a given, but the title is as misleading as all of the general chatter about taxes which neglect to mention marginal rates.