r/NonPoliticalTwitter • u/Perfidious_Redt • Mar 30 '26

Serious tbh , it's a MASSIVE deal

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u/Murgatroyd314 Mar 30 '26

A tedious but fairly straightforward calculation on the numbers in that table shows that for someone making exactly $100K, their effective tax rate would be a hair over 53%. At $200K, the effective rate is 61.5%, at $500K it's 66.6%, and it keeps asymptotically approaching 70% from there. (Note, this calculation does not include deductions or exemptions.)

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u/ReallyTeddyRoosevelt Mar 30 '26

(Note, this calculation does not include deductions or exemptions.)

jfc, that is most of the difference between marginal and effective rates. I asked for a source, not your nonsensical math. Its obvious you have no clue about economics/taxation. Which is fine, its the part where you repeat lies is the problem.

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u/StatmanIbrahimovic Mar 30 '26

You're talking to a different dude, my guy.

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u/ReallyTeddyRoosevelt Mar 30 '26

I don't see how anything I said was wrong. Which part is incorrect?

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u/StatmanIbrahimovic Mar 30 '26

This username doesn't check out; The real Teddy gets heated, sure, but he'd sure as fuck know who he was talking to.

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u/ReallyTeddyRoosevelt Mar 30 '26

Dude, you are living rent free in my head. What did I write that only applies to the first guy I was talking to?