06-15-2020, 03:25 PM
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#15829
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ninja edits your posts without your knowledge
Join Date: Jan 2004
Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
Failed 114 Times in 70 Posts
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Quote:
Originally Posted by Traum
Dude, you have just calculated the effective tax rate for this hypothetical $147k earner. You do realize that the marginal tax rate is not the same as the effective tax rate, right?
Please repeat this after me:
marginal tax rate =\= effective tax rate
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You are correct.
My bad!
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