Birdwatch Note Rating
2025-03-17 14:52:09 UTC - HELPFUL
Rated by Participant: 0A3A85F1ABB42E5F9014A4D51E7D50D426D86025D70077010B9EDE55F21E7408
Participant Details
Original Note:
The U.S. uses a marginal tax system. When you reach a new tax bracket, only the income above that level gets taxed at the higher rate. It is not applied to your whole income. Furthermore, 150k and 175k are in the same tax bracket. https://www.irs.gov/filing/federal-income-tax-rates-and-brackets https://www.investopedia.com/terms/m/marginaltaxrate.asp
All Note Details