re: #814 sagehen

Bullshit.

You didn’t pay an effective rate of 34%, when you’ve barely scooched into the bracket where the marginal rate is 35%. Even if you had no deductions at all — not for state taxes, not for mortgage interest, not even the standard deduction — that level of income would not generate that level of federal income tax.

I didn’t pay a dime of interest last year (own house free and clear), Texas does not have any state or local income taxes. Waited to may my property taxes till January to get credit in 2012. Had capital gains on investment held over a year. And yes, make too much to get medical or any other deductions. Had $3k in charity. So yes, I did pay that much.