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To put it simply: if you earn a dollar more of income, about forty percent of that dollar will end up going to the government.
by houseabsolute 16y ago
To put it simply: if you earn a dollar more of income, about forty percent of that dollar will end up going to the government.
- brc 16y agoOr, in other words, in a 5 day week, Monday and Tuesday you work for the government. Wednesday through Friday is for yourself.
- houseabsolute 16y agoNo, that's not right, because the dollars you are already earning might not be taxed at the marginal rate.