this post was submitted on 20 Jun 2024
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[–] Evil_Shrubbery@lemm.ee 30 points 4 months ago (4 children)

This legit happened to a college of mine, at his first job (as engineer), it took me well into his second year of employment (the time when he got the second yearly income tax stats) to get him to understand what I've been explaining to him since he was offered a raise a few months after he started.

I tried, I really did, with charts, examples, my own income tax statement, ... but no.

I never found out which part was bothering him, like theoretically, how tf ...

[–] Kiosade@lemmy.ca 7 points 4 months ago

Unfortunately he’s probably drinking raw milk these days. IYKYK.

[–] SoleInvictus@lemmy.blahaj.zone 2 points 4 months ago (1 children)

To anyone with the math skills, I just explain it as a piecewise function. It's pretty easy to model.

[–] Evil_Shrubbery@lemm.ee 2 points 4 months ago

Its not a complicated function. And he is an engineer, he had plenty of maths in uni.

[–] MeetInPotatoes@lemmy.ml 2 points 4 months ago (1 children)
[–] UrPartnerInCrime@sh.itjust.works 12 points 4 months ago (2 children)

"The Bottom Line

The next time you receive a raise, don’t let concerns about tax brackets dampen your enthusiasm too much. You really will take home more money in each paycheck."

Article says that is how it works

[–] gerbler@lemmy.world 3 points 4 months ago* (last edited 4 months ago)

I think they were just referencing the subtitle of the article

Don’t worry—that’s not how the U.S. tax system works

[–] MeetInPotatoes@lemmy.ml 2 points 4 months ago* (last edited 4 months ago)

Yes? Sounds like you're agreeing with me?!

Maybe I misunderstood the person I was responding to though for sure.