4 ms·
That's not how tax brackets work. You never make "less" when you make more money.
by anotherman554 6y ago
That's not how tax brackets work. You never make "less" when you make more money.
- dylan604 6y agoYour take home is what most people consider "making" even they know their actual salary is what they "make". I made a higher salary working in a state with state income taxes. Took a pay cut to move to a state without state income taxes. My take home went up (obviously). So I "made" more in take home by "making" less.
- hobs 6y agoAnd in this case your take home would go up 100% of the time you got a raise - only the raise amount itself would decrease proportionally to your increased income.
- InitialLastName 6y agoYou changed what tax rules applied to you by moving, and thus your tax situation changed. The point remains: under normal income circumstances (i.e. not related to welfare or equity), there is no way for you to get a raise in your real income and have your take home income decrease due to your federal income tax bracket.