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Old 08-14-2007 | 08:58 AM
  #98  
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kronan
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bluejuice,

hard to follow the numbers you have, but, to me it looks as if you are taking the income-tax exclusion=taxable income and then hitting US tax rate at that adjusted income.

but, in a screwjob of all foreign workers, congress adjusted that so that your income is taxed at the highest rate versus the lowest.


so 100k-82.4k=17.k which used to be taxed at (15% of income over 7825) is now taxed at (28% of the amount over 77,100)

certainly not a tax lawyer, though and willing to admit that I could be wrong

so, 28% of the income above 82.4k, then 33% of the income above 160.9k

http://www.expatica.com/actual/artic...story_id=31818
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