Taxes Going Up

Megan McArdle corrects the correctors.

To be sure, there are a bunch of people who confuse marginal with effective tax rates, and their error should be gently pointed out. But it is hard to correct the errors of others while simultaneously making a fairly sizeable error of your own. So I've put together a handy graphic showing you what income levels trigger deduction phaseouts or surtaxes.

Burn.