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To: smokeyb
Obviously a no brainer for you. You don not pay one flat percentage on your income - It's a GRADUATED TAX ! Try checking you little IRS book and look at the tax tables.
And what exactly do you think that would tell me? If I divide what I paid by what I made I get my effective tax rate. Do you think I should be looking at my marginal rate for some indication of how much I paid?
623 posted on 08/02/2004 5:05:05 PM PDT by Your Nightmare
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To: Your Nightmare
If I divide what I paid by what I made I get my effective tax rate.

What you made or your gross TAXABLE income ? You never know your final "effective tax rate" until you do your return. Do you know right now what your "effective tax rate" will be for year-end 2004 ? No way.

624 posted on 08/02/2004 5:18:52 PM PDT by smokeyb
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