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<blockquote>[quote author="BobDesperado date=1296105011It doesn't sound right to a lot of people, but it is true. Here's a good illustrative article:<br /> <br /> http://money.howstuffworks.com/personal-finance/personal-income-taxes/tax-brackets1.htm<br /> <br /> I have a Republican brother-in-law with an MBA who constantly bitches about being in the highest tax bracket and who can't wrap his mind around this reality. When I explained it to him he thought I was kidding. But it's reality.</blockquote> <br /> Yep....that is accurate.....<br /> <br /> If you have $70K of taxable income you pay $13,843.75 <br /> <br /> If you have $210K of taxable income you pay $55,050.25 <br /> <br /> Dude #2 makes 3x what dude #1 makes and pays 4x the taxes.</blockquote> <br /> In theory, anyway. People who make more money tend to have more options for tax avoidance. (Which is perfectly legal.)
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