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Reply to "2013 Itemized deductions and HHI, why is my effective so high, what are we doing wrong?"
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[quote=Anonymous][quote=Anonymous]^^^That's the marginal tax rate, not the effective tax rate. It makes a difference, as this entire thread shows. [/quote] Tax owed at 200K income is 43K, or 22%, tax owed at 400K is 108K, or 27%. Difference of 5% in effective tax rate.[/quote]
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