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That's not how income tax in the US works- each bracket applies to money made over a certain amount, so if you are earning 251,000, you would pay 35% (or maybe
by krakensden 14y ago
That's not how income tax in the US works- each bracket applies to money made over a certain amount, so if you are earning 251,000, you would pay 35% (or maybe 39% in the future) tax only on the $1000 over 250k.