At minimum wage, the effective tax rate would be quite low. | Hacker News

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		ummonk on Jan 7, 2019 \| parent \| context \| favorite \| on: Tennessee doctors earn big money denying disabilit... At minimum wage, the effective tax rate would be quite low.

sarchertech on Jan 7, 2019 [–]

Depending on how regressive the state taxes are and considering that the standard deduction doesn't apply to FICA, effective tax on minimum wage can be higher than you'd think.

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