Brownslave688
You want a toe? I can get you a toe.
Math is hard1900 X 52 is 99,800
Math is hard1900 X 52 is 99,800
Common CoreMath is hard
Not as hard as me trying to type it.Math is hard
But you only pay higher taxes on the amount that's overHigher tax bracket.
If you make 60k and I make 60k. And Jake Makes 300 million. He will pay much more in taxes.But you only pay higher taxes on the amount that's over
Does he still live in Mommy's basement? He could save a few K a year on rent that way.If you make 60k and I make 60k. And Jake Makes 300 million. He will pay much more in taxes.
But he will also have much more spending money.If you make 60k and I make 60k. And Jake Makes 300 million. He will pay much more in taxes.
Its a tradeoff. Would you want to have some time off to relax and enjoy doing other things? Or do nothing but work?But he will also have much more spending money.
Making more money never puts LESS money in ones pockets
It doesn't matter what I want. Some people like the money. That's their choice.Its a tradeoff. Would you want to have some time off to relax and enjoy doing other things? Or do nothing but work?
After you make enough to pay the bills you need to determine how much more you really need vs having a life outside of work.
Of course it doesn't all go to Uncle Sam but you are taxed on the last dollar so you reach a point where you see little difference in take home pay for extra hours worked.It doesn't matter what I want. Someone people like the money. That's their choice.
To say they are dumb it all just goes to Uncle Sam anyway is an ignorant statement.
SeriouslyBut he will also have much more spending money.
Making more money never puts LESS money in ones pockets
Making more money is not a bad thing. Period.Of course it doesn't all go to Uncle Sam but you are taxed on the last dollar so you reach a point where you see little difference in take home pay for extra hours worked.
Apples to orangesSeriously
If I make 120k and two other people only make 60k . This two other people will have more available cash than me because I gave more to Uncle Sam
No it's not.Apples to oranges
Yes it is.No it's not.
I'll try again. Not a real number but I'll is this example.
Two people make 60k and paying 5 k in Federal taxes have more spending power
Than one person making 120k and paying 15k in Federal taxes.
Comparing two people to one person is comparing apples to oranges.No it's not.
I'll try again. Not a real number but I'll is this example.
Two people make 60k and paying 5 k in Federal taxes have more spending power
Than one person making 120k and paying 15k in Federal taxes.
Yes it is.
If 1 billion people made $10 each they'd have more money to spend than if I made 10 billion dollars. Yeah no.
That doesn't mean they are better off than me.
I'm taking about spending power and taxes.Yes it is.
If 1 billion people made $10 each they'd have more money to spend than if I made 10 billion dollars. Yeah no.
That doesn't mean they are better off than me.