Most people that I've met think that all of their income will be taxed at the higher bracket, not just the income they earn above the threshold. I've even heard people refuse a raise because they thought they'd lose money by being bumped up into the next bracketDesertFox- wrote:
To be fair KEN, some people don't understand how a marginal tax works and I have heard people say "I don't wanna work too much because then I'll be in the next tax bracket" as though going from say a 15% to 18% rate reflects your gross pay.
so what Billary is a 'bleeder'? she's long, long past that cycle. you should be worried more about the emails an BENGHAZI! like your grandchildren. Bernie's a socialist like a good corpritist should be - lip service to the masses, kisses on the asses.MajorSpittle wrote:
I'm voting Trump since Carson is out. The Dems are running a bleeder and a socialist, what a joke.
OKMajorSpittle wrote:
a bleeder and a socialist, what a joke.
Full interview: http://m.nydailynews.com/opinion/transc … -1.2588306Los Angeles (CNN)Bernie Sanders' interview with the New York Daily News ahead of the state's primary later this month didn't go as planned.
The Vermont senator's April 1 sit down with the paper's editorial board, a transcript of which was published Monday, showed him having difficulty clearly answering some questions about both foreign and domestic policy, including the implementation of his much-touted plan to reform Wall Street.
In one exchange, Sanders acknowledged that he wasn't sure exactly how he intended to break up the big banks, a proposal that has been a centerpiece of his Wall Street reform agenda.
To be fair, taxes in the U.S. are so obscure and convoluted that people shouldn't really be blamed for not understanding them. They are their own greatest argument for having them done for you professionally.Jay wrote:
Most people that I've met think that all of their income will be taxed at the higher bracket, not just the income they earn above the threshold. I've even heard people refuse a raise because they thought they'd lose money by being bumped up into the next bracketDesertFox- wrote:
To be fair KEN, some people don't understand how a marginal tax works and I have heard people say "I don't wanna work too much because then I'll be in the next tax bracket" as though going from say a 15% to 18% rate reflects your gross pay.
That sounds like one really socially useless career path.Cybargs wrote:
people are silly.
my dream is one day be able to set up trusts for rich people so they can minimize tax as much as possible.
You can make a lot of money doing socially useful things because the overwhelming majority of jobs are socially useful. Everyone on this forum has a socially useful job I think. But working solely to protect rich people's money really doesn't provide anything useful to humanity. It is almost a career where the lawyer's existence is to make the world a worse place to live.KEN-JENNINGS wrote:
when has cybargs ever come across as someone that wants to do anything socially useful? He's a classic "get money so chicks will like me" type guy
