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Old 11-18-2010, 11:09 AM
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whell whell is offline
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Location: Metro Detroit
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Quote:
Originally Posted by Fast_Eddie View Post
Ahh. It's unfortunate that I don't fall into the top tax bracket, so I can’t speak from personal experience- but it's my belief that people who fall into the scenario you describe above don't actually *pay* anywhere near 42.65% of their income in taxes.
My post wasn't referring to marginal tax rates. I was referring to income tax rates.
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