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Draft as of 0803 IRS Gov Internal Revenue Service  Form

Draft as of 0803 IRS Gov Internal Revenue Service Form

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the more money you make the more the IRS will take so if you go from making $75,000 to $150,000 you're not going to see $75,000 divided by 12 on your paycheck as a matter of fact I know people who get a raise from 100,000 on their job to 200,000 and they've actually seen Less on their check because the more money you make the more tax brackets you enter into I did not think that when you grow in life that you make more money and get less that just didn't seem fair to me so she's dead wrong when you make more the tax brackets are progressive so what that means is the dollars inside of the lower tax bracket are still taxed at that lower bracket it's only the dollars above into that next bracket that actually get taxed at that next bracket it's a misconception to think that now that you've entered that higher tax bracket all of those dollars are tax at the higher bracket that is not correct so for more accurate tax advice from a tax

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