Read the chart, it says taxable income.

Deductions and other tax games may lower you're taxable income, but the progressive tax brackets apply this way to all taxable income.

I upvoted because you chose to strike thru rather than delete. Big props for that

It does not take into account a lot of things, namely the many many deductions for qualifying individuals.

Not all people take the standard deduction, this is true before all deductions and similar economic stimuli.

Nah. He’s not an idiot. But he is impatient. He doesn’t handle paperwork or anything involving patience well. (ADHD)

I also think taxes in the US are intentionally over complicated and confusing. I don’t struggle with things like that but I can empathize with people who do.

There’s not enough information provided to reach this conclusion.

You’re absolutely right. I cant speak for anyone else, as I don’t live there but I highly doubt the US is an exception.

Rather than being mad at each other, I want to make sure we hold the right people accountable! Governments, corporations, billionaires etc.

It’s a form of oppression.

it is a misinformation many people in power wants to keep because it lets republicans sell their policies to not tax the rich and bosses to not raise their employee's salaries.

I've heard it in Australia too, which has the same tax bracket system as the USA. I think the fact that this stuff isn't taught in school is a major issue.

That's what people see and exactly why they think they got kicked up a whole tax bracket.

Exactly, and it also depends on what withholding you have requested.

Unless you're poor enough to be on welfare. The Welfare Cliff is awful.

We all have our weaknesses and faults. No need to dismiss every relationship due to imperfections.

Nah. He’s not a bad person or a dummy. He just gets frustrated by bureaucracy and doesn’t have the patience I have.

Nah. There's good people here and even the people who voted for this deserve to have their needs met, many of then are only personally responsible for a tiny fraction of the immense harm caused by the systems of power. And they may not have caused any harm in the first place if they lived in a place where people are always taken care of as well as is reasonably possible. there is immense pressure to shed empathy and embrace individualism and forego the many benefits of community such as efficient and effective collaboration, for example to prevent a disease from spreading or at least reducing the harm it causes. As many of us can see, especially obviously in the US, the goal and function of the system isn't actually to stop causing harm in the first place, or even reduce the harm that must be caused for your society to function, the cruelty is often very much the point. Non-absolutely essential needs are less and less profitable to meet the less common it is to have the need, and the amount of wealth that can be extracted from the people with whatever need is the only thing that really determines what gets things done, and subjugation and not giving folks a chance to think critically and question their circumstances by completely overwhelming them with horrible information (including dis- or misinformation) about the world and making them think they're threatened by whoever is opposing efforts to make line go up. Most folks don't stand a chance without direct intervention and time spent with someone directly affected by the system in an obvious way, including possibly the person themselves.

At the very least I owe it to my family to stay and be as helpful as possible to the people who have supported me and hopefully others who don't deserve what's coming if a major effort of community organization doesn't happen

No, they teach you this in high school. These people are just dumbasses

I think you're on the wrong side of the chart here.

That's not how is works though.

I'd you made say 1500 normally and 2000 with ot your take home could be 1200 and 1400. Paying more taxes overall on the ot but still taking home more.

There is no way you'd take home less money because taxes are paid on the first $1500 @ $300 and say the next $500 @ $300 too at a higher bracket. Overall your pay is still higher though even though your taxes "doubled".

My tired brain read your comment as "shitpost economy" and somehow that still made sense to me.

Oh

I feel that "outgroup dumb" is shitposting but it's from a real poll.

https://today.yougov.com/politics/articles/5057-understanding-how-marginal-taxes-work-its-all-part

Yeah I am pretty sure they wouldn't understand this either

This infographic is kinda bad and would not convince someone who doesn't know how it works at all

But you have to keep it going to highlight how much wealthier people pay (although that’s tougher since their income is not “income”). Maybe throw in a few examples of the wealthiest Americans and wha recent age they pay, to not only clarify it, but retarget their anger where it belongs

Would have to be mandated by workplace regulations, no company is going to voluntarily educate their employees that more money has no downside.

I'll also say this doesn't help, it strangely avoids the actual numbers. It should state explicitly that his total taxes would be $1,600+$4,266+$2,827=$8692, and not $13200. Needs to include the scenarios specific results and contrasted with what the viewer would have assumed otherwise.

I wonder how different the planet would be if boomers had just been taught, from an early age, that it's OK to be wrong.

There is probably sticker shock involved. Someone who gets a raise will see a new amount of taxes witheld and may be upset. It could even be they didn't know what the amount taken out before taxes was.

Pay them more? So they can lose their benefits? Are you crazy?

I’m kidding, of course. I know that what you mean is, “pay them so that they can afford to live without requiring benefits.”

You get into some of the poorer places in the country though, that truly would be nearly impossible for most businesses. There are some places in West Virginia that would immediately have no access to gasoline, groceries, etc.

It is crazy to think that Bobby McBusinessman gets to ride around in a giant RV all summer because the government pays his employees. They don’t see it that way though, as they collect their HUD payments and accept food stamps while all of their employees receive food stamps and medical benefits.

All while the rest of the community lives on nothing and experiences very little joy in this life.

What do I know though? I’m just a pissed off hillbilly who helped make someone who isn’t me very rich.

Well look where we are, trump loves the uneducated, they got his thieving rapist ass elected.

I mean in defense of these staff: many of them were not amazingly well educated and were pulling 80-96 hour weeks pretty regularly to earn a livable wage. When were they supposed to do this research?

And to keep the private tax filing agencies afloat

One of those rage bait YouTube channels had a young person who made that claim in a debate. Pictured is Sam Seder who was the debate opponent. He made this face at the camera.

The nutritional stuff is like 6th-grade science, about the time you should be burning peanuts with a Bunsen burner.

I've seen a few schools that have an elective financials class, but I think they're still trying to balance checkbooks.

The problem is it's just one class, and nobody takes classes seriously in high school. Most of them have forgotten the things that they used to know when they were 20, 30, or even 40 years past their education.

It's like we need some kind of driver's ed test but for living

edit: 6th grade, no fire in elementary school

WTF is T4 slips

It was all covered in my Florida education. For the most part it is just a very small amount of information that people tend to forget it. It also isn't all taught in one class. (T4 slips are called W2 forms in the U.S. for those questioning). The investing thing is a broad generalization though. I assume because it may get considered an overlap of teaching kids to gamble. Everyone was required to take either micro or macro economics in high school though for us, both of which touched on stock market invement mostly just tied to the idea of a 401k (retirement accounts).

Nutritional labels were covered in science classes multiple times, but we're touched on in middle school science, and we were all required to take a home ec class for half a year in 7th grade which taught about it as well. Again in physics and chemistry classes.

W2s were covered in our mandatory typing class as a form of data entry, because most people only take the data from boxes off the W2 and enter them into a tax program. Then the tax brackets were taught to us in middle and highschool.

A lot of it to me is that we don't pay attention in school and forget a lot over time. Nutritional and Tax bracket questions were on both the ACT and SAT. Which are national tests required to get into colleges.

This is how missinformation spreads though. If something lines up with your existing worldview then you just assume it's true.

A lot of US benefits have "benefit cliffs" where making $1 more substantially reduces or even completely disqualifies a person from programs like SNAP (food stamps) or childcare subsidies or Medicaid. https://www.ncsl.org/human-services/introduction-to-benefits-cliffs-and-public-assistance-programs

It's not surprising people whose families are directly affected by, or who know people affected by, benefit cliffs think the lawmakers set up taxes the same way.

To be more specific the first 100,000 isn't taxed at 28%. The 44 to 100k range would be, but below that will be taxed at lower percentages. The first ~10k you make is taxed at 10%, and then it increases throughout.

We took a huge hit in our cost of living when we fell off the benefit cliff. I know it's lost credits rather than more taxes but it doesn't really matter when you make more and struggle at least as much as before.

OK, so it is similar to our system. And would probably in the range of cents or a few dollars then.

German income tax works the same and most Germans get it wrong too. It's really infuriating.

So an indoctrinated fear response that create a policy advantage for the very elites who created it.

Wow humans are so nice

Even if they did go through the trouble to do their own taxes, the IRS specifically instructs taxpayers to not calculate it themselves, but rather to use a "tax table" to lookup their income and next to it is listed their income tax amount.

yeah, with how tax brackets actually work, this should be physically impossible, i'm just pointing out that even if it didn't it would STILL have to be a pretty substantial increase in tax, that you could easily calculate.

Specifically, the phrasing “you were/you are” is not totally accurate. You were in many tax brackets. You are now paying a fraction of your income in a higher tax bracket. It’s tantamount to begging the question.

Yeah what does “substantially” mean in this context?

The context is laid out clearly. You earn one additional dollar and that one additional dollar puts you in the 33% tax bracket.

Your tax bill would go up by 33% of one dollar. $0.33. Total.

The question doesn't specify whether we're talking about total dollars paid or just how much the tax percentage increases in that bracket.

It’s irrelevant. Your “total dollars paid” in taxes would increase by $0.33, and the difference that extra dollar is taxed vs the previous dollar is $0.05. Neither of these are “substantial.”

This question simply asks whether 0: you have reading comprehension skills and 1: you understand how tax brackets work.

I feel like "your tax bill goes up" is such a simple question.

It means total dollars owed

oh i see now. thanks.

took me a minute to realize that, too. The wording is just not too good in the graph. "Your tax bill would go up small amount" is not a proper sentence. I would have expected yes/no (which of course makes no sense either).

The question should have been: "if you earn $1 more now, will you have more or less money after tax?".