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<blockquote class="Quote"><div><strong class="bc-author">Rockadelic</strong> said:</div><div>Here is what he said....I can see how someone who makes $250,001 could interpret the below like you did as the top 2% income earners make $250K and up.</div></blockquote> <br /> There's a widespread misunderstanding about the US tax system. If the top marginal tax rate is 36% and cuts in at $250,001, a person earning that amount doesn't start paying 36% on his entire income, just on the $1 that's above the limit.<br /> <br /> Otherwise no one would ever be paid $250,001.<br /> <br /> I hope this explanation makes sense.
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