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Originally Posted by Psi U MC Vito
Is it just me, or does that seem needlessly complex to anybodyv else?
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It is a lot less complex than now than it has been at other points in history. Some of the tax brackets are in 1% increments in some years! It is designed to avoid the exact issue of making LESS money because you are in a new tax bracket.
If you were making $8925 and got a $2/year raise, you would zoom from paying 892.50 in taxes to paying $1339.05, leading to a net loss of $444.55 in pay. That *would* prevent people from wanting to make more money. In reality, you'd only have $.30 more in taxes.
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