What does sus mean in the ancient Greek language? (I... show more It is commonly seen in the names of Greek Gods, like Dionysus, Pegasus, and many many more. Why do so many end in the suffix -sus? What was the significance to them in ending so many of their Gods' names in -sus?
CHAPTER 12 â¢ â¢ The primary purpose of effective tax planning is  to maximize the taxpayerâs after tax wealth. â¢ The secondary objective of effective tax planning is to reduce or defer the tax in the current tax year. Specifically, this objective aims to accomplish one or more results including: eliminating the tax in the current year; deferring the receipt of income; proliferating taxpayers; eluding double taxation; avoiding ordinary income; and creating, increasing, or accelerating deductions.
The key is that in the end, marginal tax rates should be used to compare strategies, and effective tax rates should be used to compare people. Accordingly, if you want to know who commits a larger portion of their total income to their tax obligations, use an effective tax rate. But if you want to know whether to do that Roth conversion/IRA withdrawal/annuity investment/sale for a capital gain or loss/etc., the marginal tax rate is what should be used. In point of fact, this actually means that the marginal tax rate is really the only rate that should be used for financial planning scenarios!