It just happened to me
Your first say 10k is taxed in the 10k bracket but the rest it taxed in the next bracket and that percentage is higher than the 10k bracket. And then you don’t qualify for lower cost health insurance so you pay more and end up with less
Stupidity of the US health “system” aside, there is never a situation where a pay raise “spilling over” to the next tax bracket leaves you in a worse position in terms of take home pay.
That doesn’t have anything to do with tax brackets, though.
The solution to assistance services is to have a scale where assistance is backed off slowly until it goes to zero, not have this cliff where you make $1 more than the maximum and you get nothing.
It just happened to me Your first say 10k is taxed in the 10k bracket but the rest it taxed in the next bracket and that percentage is higher than the 10k bracket. And then you don’t qualify for lower cost health insurance so you pay more and end up with less
Also US
Stupidity of the US health “system” aside, there is never a situation where a pay raise “spilling over” to the next tax bracket leaves you in a worse position in terms of take home pay.
The us health system is intrinsic to the US which is my experience though
That doesn’t have anything to do with tax brackets, though.
The solution to assistance services is to have a scale where assistance is backed off slowly until it goes to zero, not have this cliff where you make $1 more than the maximum and you get nothing.