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Anyway, as of 2007, the 4th quintile had an effective income tax rate of 6.2% compared to the highest quintile's rate of 14.4%. The middle quintile had a measly 3.3% rate. The lowest two quintiles had a negative effective rate.

Well DW & I are doing something seriously wrong. Our effective tax rate is around 35%. Duel high incomes (yes, cry me a river) with no deductions. About the only write off we have is the depreciation from my side business.

JLC
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