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by trollbridge
410 days ago
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My state fixed this so the marginal rate was never over 100%, but there is a rather wide range where the marginal rate is about 75%. For every dollar you earn, you keep 25¢, and are paying in 75¢ in the form of getting fewer refundable tax credits, food stamps, energy bill assistance, and so on. (If I include the energy bill assistance, the marginal rate is 85% in a few bands.) |
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