Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
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Notes -
Yeah. The math is a bit counterintuitive if you're used to thinking about income taxes. For example, a 100% sales tax only creates a tax wedge of 50%, and a sales tax can go over 100%. To create the 95% tax wedge that inspired the song "Taxman," you'd need a 1,900% sales tax.
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