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tripin_billie · 10-21-2013, 02:23 PM

39% rate quoted by Forbes = no understanding of progressive tax rates.

No, you will not pay 39% on all of the money you make, only that past the point of that bracket. The lack of understanding of this simple concept really blows my mind.

10-21-2013, 02:23 PM	#22
tripin_billie #1 Goaltender Join Date: Dec 2003 Location: DC Exp:	39% rate quoted by Forbes = no understanding of progressive tax rates. No, you will not pay 39% on all of the money you make, only that past the point of that bracket. The lack of understanding of this simple concept really blows my mind.