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drwamcross · 01-05-2016, 03:04 PM

Winnisquammer...the tables are correct, so incremental income over the amounts shown ($400k +) is taxed at 39.6% but due to the graduated rates, up to that point, the total effective tax rate is around 28% on the income under the $400k figure.

Acrossamerica · 01-05-2016, 03:26 PM

My God this thread is like watching a ten car accident. You really don't want to see the carnage but still must have a look to see what has happened. In this case the carnage is reading too many posts by too many codgers (myself included) who have nothing else to do.

Surely there must be a different restaurant owner or subject that can be pulled apart by all of the experts on board.

PaugusBayFireFighter · 01-05-2016, 03:42 PM

Quote:

Originally Posted by Acrossamerica

And the dead horses keep piling up. May be time to call in animal abuse.

ITD · 01-05-2016, 04:28 PM

Quote:

Originally Posted by PaugusBayFireFighter

Oh lord, kumbaya. Everybody now!!!

01-05-2016, 03:04 PM	#1
drwamcross Member Join Date: Jul 2011 Posts: 42 Thanks: 1 Thanked 27 Times in 9 Posts	Tax Rates Winnisquammer...the tables are correct, so incremental income over the amounts shown ($400k +) is taxed at 39.6% but due to the graduated rates, up to that point, the total effective tax rate is around 28% on the income under the $400k figure.

The Following User Says Thank You to drwamcross For This Useful Post:
secondcurve (01-05-2016)

01-05-2016, 03:26 PM	#2
Acrossamerica Senior Member Join Date: Jul 2012 Posts: 239 Thanks: 0 Thanked 133 Times in 66 Posts	My God this thread is like watching a ten car accident. You really don't want to see the carnage but still must have a look to see what has happened. In this case the carnage is reading too many posts by too many codgers (myself included) who have nothing else to do. Surely there must be a different restaurant owner or subject that can be pulled apart by all of the experts on board.

The Following 3 Users Say Thank You to PaugusBayFireFighter For This Useful Post:
JanN (01-06-2016), Merrymeeting (01-06-2016), rander7823 (01-06-2016)