3 ms·
It would actually mean around 12.5% higher after-tax income. And after considering minimum fixed expenses, such as housing or food, these state tax savings beco
by in3d 6y ago
It would actually mean around 12.5% higher after-tax income. And after considering minimum fixed expenses, such as housing or food, these state tax savings become even more significant.
- Green_man 6y agothat's a very good point. in this case, the actual situation being considered is going from a squo of ~230k to 250k if the tax didn't exist/subject was no longer required to pay the tax.