Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Sequoyah101

Sorry but marginal income tax rates do not work like you say.


112 posted on 12/05/2025 5:35:02 AM PST by central_va (I won't be reconstructed and I do not give a damn... )
[ Post Reply | Private Reply | To 104 | View Replies ]


To: central_va

Well, you didn’t understand the statement.

Guess you’ve never paid IRMA because that is exactly how that works. One penny over the line and you go into the full amount of the next premium penalty bracket. Go into the next tax bracket and every penny over the bracket threshold is taxed for the full amount of the next bracket.


119 posted on 12/05/2025 1:26:33 PM PST by Sequoyah101
[ Post Reply | Private Reply | To 112 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson