how come some numbers are linear approximated?
(e.g. 45k, 55k, 65k, ...)作者: shutterbug 時間: 2008-5-12 08:05
you think it's low tax rate...some people think it's high lei....作者: orange 時間: 2008-5-21 10:28
an accountant from my company made up a table showing actual tax rates after personal tax credits similar to Lik's
for someone making $100k in 2008, the actual tax rate is 26.7%
for someone making $50k, it's 19.0%
ppl often mistake marginal tax rate (or "incremental") vs. actual tax rate .. so ppl assume that the guy making $100k pays 40% tax when in fact he pays 26.7%.
Call me sloppy if you like. I always think that every dollar you earn, the govenment takes at least 40 cents from all the visable and invisable taxes it is imposing.
When you are too clear of how much you pay for the taxes, you live in misery. Lik Gor, don't find out too deep OKay , it's unhealthy. 作者: asmok 時間: 2008-5-21 22:35
It's hard to calculate how much (or little) taxes you pay overall since everything have taxes on it.
I just like to think that once it's deducted off my pay check, it's gone.... and I'm happy to get any back when I file my taxes.
