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by RHSeeger
1961 days ago
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I'm picking the year 2015 because you're clearly talking about the past in your statement, so bear in mind the numbers change over time. In order to hit 8% (8.82%) in NYS in 2015, you needed to make a little over a million dollars a year (single) or 2 million (joint). The next lowest is 6.85%, for 212k single, 318k joint. For federal to hit 35%, you need to make 411k (single or joint.. which makes no sense). So your numbers more or less stand up to scrutiny for marginal income, but I would guess not even close to that for effective tax rate. I don't think it's fair to present your marginal tax rate as "your tax rate" in a discussion about how much of your income you get to keep. That's even more so when it's before you account for deductions. |
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