It’s genuinely shocking to see how many people misunderstand income tax brackets
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If I hear “I’m not going to work OT because it’ll go to taxes” one more time, I’ll snap.I’m an average person. I’m not a genius. I went to college and work an average job. I understand how income tax brackets work. Over the years I’ve had many friends, classmates, coworkers etc who clearly don’t. Well educated, intelligent and hard working people who walk right past free money because they don’t understand taxes.I’d kill for a job that allowed Overtime, yet my friend who is a nurse refuses to work OT because it’ll “go to taxes”. Very frustratingEdit: Oh, I have a friend who argued against a 15 dollar minimum wage using tax brackets. Apparently making 14 bucks an hour is more money than making 15 bucks an hour because “taxes”. Shit, I guess I’m losing money at 25 bucks an hour then via /r/PersonalFinanceCanada https://ift.tt/3uNWcWi
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