Quote:
Originally Posted by AOII Angel
No you wouldn't. That would shoot yourself in the foot. They don't take all your money over $390,000 so why would you say no to more? That shows you have a fundamental lack of understanding of the way taxes work. I make over that cutoff and will be asking my bosses for more money even though it will mean I pay more in taxes. Why? Because it will also mean I will keep more at home. I will only be taxed a percentage of the income OVER $450,000. The money below that level is taxed at the same rate it was before. It's not like getting a raise means I'm working for free. You'll never get someone to turn down $10 because they have to give $2 to someone else if the alternative is $0. That's just dumb.
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I never said you'd be working for free.. but where's the incentive to work twice as hard if you're not being compensated accordingly?