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From: koch@holst.DEC (Kevin Koch LTN1-2/B17 DTN226-6274)
Newsgroups: net.taxes
Subject: Highest tax rates
Message-ID: <1838@decwrl.DEC.COM>
Date: Sat, 22-Mar-86 18:30:29 EST
Article-I.D.: decwrl.1838
Posted: Sat Mar 22 18:30:29 1986
Date-Received: Tue, 25-Mar-86 04:40:44 EST
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Organization: Digital Equipment Corporation
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     In Massachusetts, the tax on 'unearned' income is 10.75%, so your 
marginal tax rate can be as high as 60.75%.  But taking into account 
that you will deduct the state tax payments from the following year's 
federal taxes, the marginal rate in MA is 55.375%.  I'll bet NYC is 
higher, though, with state and local taxes.

Kevin Koch (Koch is it)
...decwrl!-dec-rhea!dec-holst!koch // koch%handel.dec@decwrl.ARPA