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Neal, how do you not know how taxes work. Progressive tax systems only tax excess income at higher rates, i.e. only every dollar after 200k (in the case of the individual) would be taxed at the higher rate, and some portion would be taxed at the lowest rate and every one in between. no one ever takes home less if they make enough to push them past income bracket thresholds. How can someone so interested in taxes and the irs not know how they work?
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