• When to Refuse Your Year End Bonus
  It doesn’t seem right but sometimes you actually lose more money when you make more money. That is just the way our tax code works and the last thing you want is to be caught off guard when it happens. Most people think that it is always better to have higher income because we don’t have a 100% income tax rate on earned income. With every dollar you earn, even at the highest federal tax rate of 35% and combined state and local income tax rate of 12.7%in New York City, you are still “only” paying just under half of your income in taxes. You’d still get to keep a little over half of what you made.
  in Public bookmarks with phaseouts planning tax

phaseouts from all users