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Message
re: Feeling broke on a $665K salary
Posted on 1/21/24 at 2:07 pm to Puffoluffagus
Posted on 1/21/24 at 2:07 pm to Puffoluffagus
quote:
A 20% effective tax rate isn't terrible on a million, considering what the top marginal rates are over 500,000.
yeah... but paying 200k to the tax man is much different than having a 20% effective tax rate
1
Posted on 1/21/24 at 2:10 pm to Corinthians420
quote:
yeah... but paying 200k to the tax man is much different than having a 20% effective tax rate
Uh what? Having a 20% effective tax rate on a million dollar is literally the same thing as paying 200k to the tax man.
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