16 Mar 2026 2:30 pm
We have never been in the 40% bracket but spent quite a few years in the 25% bracket. It sucks!Vegas » Today, 1:04 pm » wrote: ↑ Doesn't give much incentive to make a higher income, if so much of the income passes through our hands to the government.
It's a life lesson, consider that the next time "fair share" comes up as a topic.
I don't know if all the proceeds were distributed from that trust. If not. I'd be talking to a tax professional.