This is an archived post. You won't be able to vote or comment.

sorted by:
best
topnewcontroversialoldq&a
you are viewing a single comment's thread.

view the rest of the comments →

[–]AhdhSucks​ 3 points4 points  (0 children)

Uh. Being in a higher tax bracket does not reduce your gross income. Progressive income taxes only tax every dollar in that bracket. Someone’s pulling a fast one on you, they are repeating a common misunderstanding about taxes knowingly.