5 ms·
The standard deduction is effectively a 0% tax bracket.
by unabridged 9y ago
The standard deduction is effectively a 0% tax bracket.
- maxerickson 9y agoIt's income with a 0% tax rate but the impact on effective rates is different than a 0% bracket; it lowers effective rates more for people that have income in higher brackets. A 0% bracket has the same impact regardless of income.