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Any Equity Partners here (big or small law)? Curous about taxes

Is your effective tax rate higher because of payroll taxes a...
Domesticated confused electric furnace
  10/25/14
You only pay payroll tax on the first $110k or so of income....
magenta low-t library
  10/25/14
What is AMT?
spruce glittery kitty cat
  10/25/14
alternative minimum tax
heady macaca
  10/25/14
So what is the effective rate look like for a partner bringi...
Painfully honest beady-eyed mental disorder point
  10/25/14
as i explain below, it depends on whether your'e a tax bigla...
appetizing blue orchestra pit filthpig
  10/25/14
it is widely known that the average biglaw tax partner's eff...
appetizing blue orchestra pit filthpig
  10/25/14
How
Lake pea-brained juggernaut turdskin
  10/25/14
Lol
Chartreuse box office indirect expression
  10/25/14


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Date: October 25th, 2014 11:48 AM
Author: Domesticated confused electric furnace

Is your effective tax rate higher because of payroll taxes and others, or is it balanced out by some tax saving measures.

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26582737)



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Date: October 25th, 2014 11:20 PM
Author: magenta low-t library

You only pay payroll tax on the first $110k or so of income. What gets you is the AMT.

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587304)



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Date: October 25th, 2014 11:21 PM
Author: spruce glittery kitty cat

What is AMT?

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587309)



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Date: October 25th, 2014 11:21 PM
Author: heady macaca

alternative minimum tax

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587318)



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Date: October 25th, 2014 11:24 PM
Author: Painfully honest beady-eyed mental disorder point

So what is the effective rate look like for a partner bringing home 1 mill?

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587344)



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Date: October 25th, 2014 11:29 PM
Author: appetizing blue orchestra pit filthpig

as i explain below, it depends on whether your'e a tax biglaw partner or not. tax partners have a 4% etr.

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587383)



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Date: October 25th, 2014 4:12 PM
Author: appetizing blue orchestra pit filthpig

it is widely known that the average biglaw tax partner's effective tax rate is around 4%.

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26584226)



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Date: October 25th, 2014 11:34 PM
Author: Lake pea-brained juggernaut turdskin

How

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587448)



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Date: October 25th, 2014 11:36 PM
Author: Chartreuse box office indirect expression

Lol

(http://www.autoadmit.com/thread.php?thread_id=2709075&forum_id=2#26587459)