Isn’t this incorrect? I always heard that, and then somebody told me no, you pay taxes on what you make up to the first bracket, based on the first bracket, then whatever you make after that you pay taxes on in the second bracket, up to the limit, etc
So yes youn pay more for what you’re making above that, but you’re still making more overall? You don’t actually go backwards. I think.
Except for like assistance and stuff. That’s all messed up. If you make just enough to get above the poverty line and lose Medicaid or snap or whatever, then you end up paying so much extra you go backwards as far as available funds. They’ve got the screws so tight, it actually makes more sense to manufacture ways to make less money, so you can stay just under the line. The gap is too big between needing assistance and being sufficient, you can’t get from one to the other. At least that’s what I’ve heard.
I’m in the US btw.






Ours is going up $100/mo next year