Originally Posted by
Pedro4President
Woah!!!!!!!!!!! So wrong!!!!! Absolutely the worst advice ever!!! A little knowledge will get you into a lot of trouble.
Two topics you need to read about. Flat tax and the aggregate tax rate. Google this and read about it to help you understand what Highflight is talking about. You are getting the two confused.
Turbo tax has a really simple version or you can dig through the IRS site for it.
Quoting turbotax is a lot like quoting Wikipedia, you instantly lose all credibility.
You should and get an MBA and work for an accounting firm for a few years, and then let's continue this discussion.