Quote:
Originally Posted by KC911
Without knowing the specifics Glen, that's just not how tax brackets have ever worked... a bump into the next bracket only increases the tax rate for the amount above the brackets below.
Always been that way ....
|
All I know is my take home pay went down from him. I certainly don't have my tax records from almost 50 years ago anymore. That paycheck was instrumental in getting me motivated to move away 900 miles to a better job.
__________________
Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
|