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To: jimpick
should they take a promotion they would earn less because it would boost them into a higher tax bracket

A "higher tax bracket" applies to MARGINAL not TOTAL income; a raise never means less after-tax income, although it may mean you keep a smaller percentage of the amount of your raise than of your pre-raise pay.

Bull crap. Just before I got sick and could not work for nearly a year I took in $42,000. When I got sick the total I took in with government support was about $45,000. This is after a very steep pay cut.

That has nothing to do with the original claim about higher tax brackets.

14 posted on 01/21/2013 12:35:56 PM PST by JustSayNoToNannies ("The Lord has removed His judgments against you" - Zep. 3:15)
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To: JustSayNoToNannies

So you are saying that the $10,500 that I got from a tax return is not after tax income then? I did not earn it by working more but I had it after my taxes were done.


15 posted on 01/21/2013 12:40:35 PM PST by jimpick
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