SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-21 month agoHow do Texas residents afford electricity during high-demand?message-squaremessage-square135fedilinkarrow-up1274arrow-down110file-text
arrow-up1264arrow-down1message-squareHow do Texas residents afford electricity during high-demand?SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-21 month agomessage-square135fedilinkfile-text
Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example
minus-squareThorny_Insightlinkfedilinkarrow-up7arrow-down1·1 month agoAccording to ChatGPT: 15% on the first $49,275 of taxable income. 20% on the next $49,275 of taxable income (over $49,275 up to $98,550). 24% on the next $19,170 of taxable income (over $98,550 up to $117,720). 25.75% on the taxable income over $117,720.
According to ChatGPT: