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re: VW Chattanooga Workers Expand Mexican Economic Growth
Posted on 4/20/24 at 4:46 pm to Pax Regis
Posted on 4/20/24 at 4:46 pm to Pax Regis
What was the last autoworker strike settled on? Like netted the worker less than $100/WK gross which probably cost the worker money by barely moving them into the next higher tax bracket.
3
Posted on 4/22/24 at 5:51 am to holmesbr
quote:
cost the worker money by barely moving them into the next higher tax bracket.
That’s not how tax brackets work..
Posted on 4/22/24 at 7:40 am to holmesbr
quote:
What was the last autoworker strike settled on? Like netted the worker less than $100/WK gross which probably cost the worker money by barely moving them into the next higher tax bracket.
The fact this has so many upvotes makes me sad. There are no real phase outs at 100k gross, and tax brackets don't work like that.
Posted on 4/22/24 at 9:58 am to holmesbr
quote:
Like netted the worker less than $100/WK gross which probably cost the worker money by barely moving them into the next higher tax bracket.
Please tell me that you konw only the $$$ in the higher tax bracket is taxed at the higher rate? If the rate goes up at $70,001+ only everything above the $70K is taxed at higher rate.
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