#051 - Introductory overview of the Federal income tax system
Retirement Planning Education, with Andy Panko
00:00
Is Your Income Taxed at 10%?
The US tax code is a beast. It's Frankenstein-like. It's bolted onto. There's often, not always, but there's often sweeping legislation to simplify it. The brackets start at 10%, and then 12%, 22., 24,. 32%, 35%, 37%. And it's called marginal because not all of your income is taxed at 10 or 12 nor does every dollar fall into that bracket.
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