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No It's not true that she paid more than she earned. Her marginal tax rate was 102%, this is extremely different than her effective tax rate being 102%. It's s
by BoiledCabbage 9y ago
No It's not true that she paid more than she earned. Her marginal tax rate was 102%, this is extremely different than her effective tax rate being 102%.
It's still an incredibly high marginal rate, but is nowhere near as crazy as the implied 102% effective tax rate.
- iaskwhy 9y agoThanks for explaining it, I'm not able to edit my previous comment but I stand corrected.