minus-squareDialectic Cake@lemmy.worldtoAsk Lemmy@lemmy.world•What's the biggest misconception you think many people have?linkfedilinkarrow-up74arrow-down1·4 days agoTax Brackets. “I got a pay raise and will now be taxed more and make less money than before the raise” If <=30k was taxed at 25% and 30+k taxed at 30% and you go from 30k to 31k a year, only the 1k is taxed at the higher rate. linkfedilink
Tax Brackets. “I got a pay raise and will now be taxed more and make less money than before the raise”
If <=30k was taxed at 25% and 30+k taxed at 30% and you go from 30k to 31k a year, only the 1k is taxed at the higher rate.