tricwhyte
New Member

Retirement tax questions

I think using the descriptor "handwaving number" to describe effective tax rate is misguided. It should be well-defined and yet TT has its own unique calculation not used by anyone else that I'm aware of. In fact, many think tanks that do tax analysis use effective tax rate because it's a practical and efficient way to do year-to-year comparisons. It's certainly far more meaningful than using something like your marginal rate.