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> you thought it was the most money you could make. Maximum income is not my goal. Livable income, much free time, and minimal taxes is closer to where I would

• iLoveOncall 4y ago
  > Livable income, much free time, and minimal taxes This and "most money you can make" are synonymous. The most disposable income you can have per hour worked. That's it. That's what "maximum income" means.
  • landemva 4y ago
    According to your definition, my money number is zero. Also, many hourly workers refuse overtime due to the ramp on taxation after 40 hours.
    • mlyle 4y ago
      There's no ramp on taxation after 40 hours in any jurisdiction I'm aware of-- just a ramp on income tax based on amount earned. If you're making $800/week ($20/hour) and seeing withholding at 10%, the marginal withholding might be 20% on a step up to $950; on the other hand, you're getting time-and-a-half, so you still go from taking home $18/hour to $24/hour. (And, of course, for occasional overtime work, you're going to get a lot of the additional tax withholding back, since your uneven income causes you to be overwithheld).
  • danuker 4y ago
    No. "Maximum income" is different from "maximum income per hour". One implies income at the cost of free time. The other maximizes free time spent while having sufficient money.