3 ms·
> I agree that the misconception may originate from practical factors (either directly-experienced or through garbled retelling), however I also believe it has
by filoleg 3y ago
> I agree that the misconception may originate from practical factors (either directly-experienced or through garbled retelling), however I also believe it has spread and exists among a lot of people who don't have a good personal excuse for it.
Oh, absolutely. There are tons and tons of adults who don’t understand the concept of marginal tax rates and how those actually work, so they truly believe that getting into the next tax bracket makes the entire pre-tax income gets taxed at that rate.