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<p>[QUOTE=&quot;beef1020, post: 2066936, member: 24544&quot;]I agree and do the same calculation each year,&nbsp; I&#039;m over 50% and I don&#039;t think I make much money....&nbsp;&nbsp; I know your calc is back of the envelope, but the federal rate of 33% I assume is marginal, your total federal take is probably less because all your income is not taxed at the 33% rate.&nbsp; I could be wrong because I don&#039;t know how much you make, but I think total federal tax of 33% starts at around $800,000 in wage income.&nbsp; If that is you, congrats!</p><p><br /></p><p>Going the other way, you&#039;re not including the various costs of regulation, things like stricter emissions laws for cars, which require additional maintenance and shorter lifespan.&nbsp; EPA changes to HVAC requirements which make furnace/AC units obsolete quicker and provide shorter lifespans for the products.&nbsp; The list goes on... all things which cost us money but don&#039;t show up in tax rate calculations.[/QUOTE]</p><p><br /></p>

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