2 ms·
> It's tapered from 100 to 125k, but at no point is your employer paying 100% tax. From 100 to 125k, your marginal tax rate is ~60%, but drops after that point.
by lordnacho 6y ago
> It's tapered from 100 to 125k, but at no point is your employer paying 100% tax. From 100 to 125k, your marginal tax rate is ~60%, but drops after that point.
Actually you're right, I had misunderstood something. Looking at an online calculator, if you go from 100K to 125K gross, you take home 10K more.