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>> No.2750699 [View]
File: 162 KB, 2500x2500, Marginalrates1.png [View same] [iqdb] [saucenao] [google]
2750699

>>2750688
Anon it works like an integral. If you make 70k you pay 22% on 42-70k and 12% on 0-42k. If you make $43k it doesn't make your entire tax burden 22%.

.12(42,000) + .22(70-42)
5,040 + 6,160
________________________
$11,200

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