LogFAQs > #883171265

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TopicDo you pay federal income tax?
banananor
07/18/17 8:55:38 PM
#16:


47% doesn't seem physically possible, but i'd like to learn how i'm wrong

are you counting state taxes or something?

i'm pretty sure you stop paying social security taxes after something like 120k, and if you're making 120k or less you're in the 28% tax bracket (effective tax rate is lower, since you only pay 28% on the money above 91)

i may just be failing at math here, but how did you get to 47?
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You did indeed stab me in the back. However, you are only level one, whilst I am level 50. That means I should remain uninjured.
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