3 ms·
As far as I can tell, parent's use of "effective tax rate" is correct (the tuition waiver is not income in any meaningful sense -- especially for phd students w
by throwawayjava 9y ago
As far as I can tell, parent's use of "effective tax rate" is correct (the tuition waiver is not income in any meaningful sense -- especially for phd students who aren't even taking courses). So I'm not really sure what your point is?
- masonic 9y agoAssuming his numbers were accurate, that tax rate is on each additional dollar of income, not on the total.