The effective rate is much lower, and I indicated as much: > The brackets are lower all the way up, so you pay way less overall even if you do hit 1m+. I'm no

The effective rate is much lower, and I indicated as much: > The brackets are lower all the way up, so you pay way less overall even if you do hit 1m+. I'm not going to do the math for a specific example though, people should do that themselves.