Quote:
Originally posted by nfotiu@Aug 5 2004, 02:00 PM
Although, point taken,
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that is the area that you see the biggest discrepencies between increase in take home and increase in gross. After that they will be within a couple percentage points, I would imagine.
Correct. The area between roughly $40,000 and roughly $60,000 seems to me to be the area of greatest tax acceleration. Again, the only point I was making.
It is a somewhat silly way of putting it. Put another way, a 58% salary increase, sees a 50% raise in take home pay.
Tough crowd!!
Cowperson