4 ms·
The kid tax is at 50k, if you have student loans and 2 kids the marginal tax at 50-60k is 69%, then back to 42% for 60-100, then upto 62% 100-125, then 40% upto
by midasuni 3y ago
The kid tax is at 50k, if you have student loans and 2 kids the marginal tax at 50-60k is 69%, then back to 42% for 60-100, then upto 62% 100-125, then 40% upto 150, then 45% above that.
(Numbers approximate)