View Single Post
Old 11-17-2009, 07:03 PM   #11
Sean
giggity
 
Sean's Avatar
 
Join Date: Nov 2008
Location: socal
Moto: street, sumo & dirty
Posts: 1,071
Default

Quote:
Originally Posted by Homeslice View Post
But I wouldn't sit around complaining about having a 39% tax rate when in fact after all my creative deductions and shelters I ended up paying only 22%.
You know, the opposite is possible as well, thanks to things like AMT. I've heard of effective 80% tax rates.
Sean is offline   Reply With Quote