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To: stylin19a; meyer
Remember that tax brackets are marginal. You don't pay the higher tax rate on all your taxable income, just the taxable income above the bottom of the tax bracket.

SpyNavy

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)

LonePalm, le Républicain du verre cassé (The Broken Glass Republican)

3,136 posted on 01/16/2025 1:08:17 PM PST by LonePalm (Commander and Chef)
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To: LonePalm

Thanx. and that’s a good thing.
I remember in the 70’s giving a lady a promotion and decent raise. Her net was less than before the raise.


3,269 posted on 01/17/2025 1:06:22 AM PST by stylin19a ("If You Can Read This, Thank a Teacher. If You Can Read It In English, Thank a Veteran" )
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