Re: What Do You Mean I Can\'t!
I haven't look at the US numbers this year so I'll stick with hypothetical examples:
10% tax on first 20,000
15% tax on next 20,000
20% on next 20,000
So on 40K, the tax rate averages out to 12.5%
Work a lot of overtime and make 60K, average tax 15%
This is just hypothetical, the actual tax rate and break points are different.
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