Except the tax rate isn’t the same everywhere or for every kind of dollar earned. And so it’s basically a ceiling on what that company can pay an employee vers

Except the tax rate isn’t the same everywhere or for every kind of dollar earned. And so it’s basically a ceiling on what that company can pay an employee versus what the employee could go make on their own or elsewhere. At $50k-$100k you can assume there are limits to what an employee can do. At $10m plus anything is on the table. So instead of taking a raise, I take a day off per week. Or two.