Highest tax rates

Thread View: net.taxes

1 messages

[T] Back to Threads [V] Tree View [G] Group Articles

1 total messages Started by Kevin Koch LTN1-2/B17 DTN226-627... Sat, 22 Mar 1986 23:30

#907

Author: Kevin Koch LTN1-2/B17 DTN226-627...
Date: Sat, 22 Mar 1986 23:30

9 lines
1016 bytes

     In Massachusetts, the tax on 'unearned' income is 10.75%, so your 
marginal tax rate can be as high as 60.75%.  But taking into account 
that you will deduct the state tax payments from the following year's 
federal taxes, the marginal rate in MA is 55.375%.  I'll bet NYC is 
higher, though, with state and local taxes.

Kevin Koch (Koch is it)
...decwrl!-dec-rhea!dec-holst!koch // koch%handel.dec@decwrl.ARPA

Thread Navigation

This is a paginated view of messages in the thread with full content displayed inline.

Messages are displayed in chronological order, with the original post highlighted in green.

Use pagination controls to navigate through all messages in large threads.

Back to All Threads