3 ms·
No it pushes you into a higher tax bracket earlier so also acts as a tax increase
by nothercastle 4mo ago
No it pushes you into a higher tax bracket earlier so also acts as a tax increase
- kennywinker 4mo agoI think the point is the tax brackets are supposed to be inflation-adjusted. So all the brackets go up 4.2% too. Idk if the implementation details make this actually work out 1:1 but that’s the idea.
- madcaptenor 4mo agoThat's what I was thinking.