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Old 05-03-2014, 12:00 AM   #3613
Temporary_User
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Join Date: Mar 2006
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Quote:
Originally Posted by corporatejay View Post
I think the problem is that most people learn about tax brackets from pop culture and in the U.S. you pay tax at the rate based on the last dollar you earn (i.e. getting pushed into the next bracket cannot be necessarily a good thing).
This is not true.

http://en.wikipedia.org/wiki/Income_..._United_States
Quote:
An individual pays tax at a given bracket only for each dollar within that tax bracket's range.
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