Why are you figuring 33% on $30? Standard deduction is $12k, then it's 10-12% federal tax on the rest. A bit for state tax, sure, but it's going to be well less

Why are you figuring 33% on $30? Standard deduction is $12k, then it's 10-12% federal tax on the rest. A bit for state tax, sure, but it's going to be well less than 33%. (Still hard to make ends meet on $30k, not disagreeing there.)