What strategies are people using to decrease their effective tax rate? DW & I make high 6 figure income (sometimes more). It is almost all W2. I say we earn our income, every penny. It is a little frustrating when our marginal rate is 35% and our effective rate is 34% and then we hear about people with effective rates of 15-20%. What gives?I know if the majority of our income was dividends and we didn't work things would be different, but we are not there yet.JLC
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