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04/20/2005, 02:47 PM
#121
 Originally Posted by RicoM
Um....I believe he was being sarcastic 
Hard to tell, since many folks appear to havde trouble understanding taxes. My wife, for example, didn't want to accept a pay rise because it would have put us into the a higher tax bracket, and she thought we would lose a higher percentage of our total income and thus have a net negative effect. I had to explain to her that the higher rate only applies to the amount that exceeds the bracket cutoff, not to the entire amount.
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