> Of course, it also assumes that people can choose exactly how many hours they work at their regular hourly rate, which isn't usually the case It can be the c

> Of course, it also assumes that people can choose exactly how many hours they work at their regular hourly rate, which isn't usually the case It can be the case, but then the trade-off is even worse: This article suggests calculating your net income as an average rate across all your hours worked. If you have chosen to increase your hours, you are taxed at the marginal rate on these increased hours, i.e. the highest possible tax rate. Your net income per hour is reduced - as such, you are undervaluing your own time.