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> this income would be taxed entirely at our highest marginal rate So your one income alone was large enough to put your in the top marginal rate for a couple
by rtkwe 5y ago
> this income would be taxed entirely at our highest marginal rate
So your one income alone was large enough to put your in the top marginal rate for a couple alone? That's going to be a pretty rare situation.
I wish more people could afford for one person to stay home and for the reaction to a guy taking paternity leave wasn't so stigmatized.
- sokoloff 5y agoSorry, the top of whatever our bracket was was my point (that this is a marginal income decision, meaning marginal bracket analysis applies). It was the 33% bracket federally, which wasn’t the top bracket overall, except perhaps in years with exceptionally good capital gains.