Quote:
Originally Posted by Jman
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That is MARGINAL tax rate, not average.. Marginal rate is "How much tax would you pay on an extra dollar, had you earned $1 more in a year".
To get to the highest rate, you need to be making a lot of money. It only affects a very small portion of the population.
For the average person making ~$40-50k a year, the taxes aren't that different from the US and Canada.