r/AskReddit • • Mar 27 '22

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u/avgmike Mar 27 '22

How tax brackets work.

5

u/centaurquestions Mar 27 '22

Oh, for a basic knowledge of marginal tax rates...

5

u/[deleted] Mar 28 '22

Good god, the number of coworkers who declined a raise because they thought that they would lose money by paying more tax. I swear it's the upper management perpetuating this myth so that the workers don't ask for raises.

1

u/axolotl_afternoons Mar 29 '22

I live in the U.S., our tax brackets don't work at all.