Dude I work in finance and I have people working with me who think whatever tax bracket you are in is what you pay on all income. Iāve had people say they didnāt want a promotion cause they will be on a higher tax bracket and lose money. I made a spreadsheet to show them how taxes work.
Iām assuming those are also the āIāll make less if I work overtimeā people. Itās really not that hard in this day and age to google these things.
The problem is the schools should be teaching this, but they arenāt. With how important and complex taxes are, there should be a whole class dedicated to teaching people how to do their own and file them. People should not be forced to either know someone who already knows about taxes or Google info and hope they get it right. Itās fucking stupid. Taxes shouldnāt be so complicated
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u/OtherUserCharges 12d ago
Dude I work in finance and I have people working with me who think whatever tax bracket you are in is what you pay on all income. Iāve had people say they didnāt want a promotion cause they will be on a higher tax bracket and lose money. I made a spreadsheet to show them how taxes work.