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People who work for a living are getting robbed, legally.

Well, somebody's gotta pay the bills, lol...

On gross income of nearly $340k, we're looking at about $54k in federal tax. That'll go down just a little when I finish entering the last few deductions. Oh, and we paid another $20k in SS and Medicare taxes (just our share, not employer). And I expect a little extra medicare tax on our investment income. Let's ballpark it at $75k total for the year. Wow...

But at the end of the day, I really can't complain. Where else could I find the amazing opportunities we've been lucky enough to enjoy? We made way more money than we really need, saved a ton, and paid a bunch of taxes too.

Interestingly, when I run our rough numbers through a tax calculator, I find that we would have paid $11.5k MORE in federal tax under 2017 rules. As I mentioned upthread, the newly expanded 24% bracket is ridiculously favorable to those in our income range. While my pocketbook loves it, I do wonder about the long term impact...
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