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The effective tax rate on 260k/yr is 22% federally. The person we are discussing lives in Washington state. Their effective tax rate is 22%.
by abduhl 1y ago
The effective tax rate on 260k/yr is 22% federally. The person we are discussing lives in Washington state. Their effective tax rate is 22%.
- altairprime 1y agoGreat! They’ll be able to save a nest egg in as little as twelve years, then, if my brief mental napkin math works out — unless they make the mistake of buying a house whose payment triples that time.