2 ms·
They wouldn't be 83%, because it's a marginal rate.
by anth_anm 8y ago
They wouldn't be 83%, because it's a marginal rate.
- pascalxus 8y agoit's more than 83% when you take into account all the other taxes: there's not just federal and state income taxes, please take a look at your pay stub, there's a lot of other stuff on there.
- geofft 8y agoPlease take a look at your 1040. My comment was about marginal rate. I would like the portion of my income above $100K to be taxed at 83%, and my income below $100K to be left alone. I would not like all of my income to be taxed at 83%.