Originally posted by Psychic Missile
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Chicago Isn't Broke Enough? Universal Basic Income...
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Curiosity never hurt anyone. It was stupidity that killed the cat.
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Originally posted by QuantaFille View PostTo be fair, it was a little while back last time it happened to someone I know personally. It's never happened to me since I've always been in the same tax bracket, but there is a bit of overlap between them where you actually take a pay cut on the way up."I am not angered that the Moral Majority boys campaign against abortion. I am angry when the same men who say, "Save OUR children" bellow "Build more and bigger bombers." That's right! Blast the children in other nations into eternity, or limbless misery as they lay crippled from "OUR" bombers! This does not jell." - Leonard Ravenhill
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Originally posted by Starlight View PostWhere do you get this insanity from? Have you considered checking yourself into a psychiatric facility?
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Originally posted by KingsGambit View PostAre you sure? My understanding has always been that this is impossible because the higher tax rate only applies to money earned above that specific threshold, which is backed up by everything I can find: https://www.investopedia.com/ask/ans...net-income.asp
In the borderline areas - depending on withholding - yeah, it's perfectly possible to end up with less in your paycheck than before - the problem is that you withholding is based on the old calculations and not the new. You aren't actually losing that money - you'd still get it back at the end of the year - but it wouldn't be in the monthly paycheck until the withholding was adjusted."He is no fool who gives what he cannot keep to gain that which he cannot lose." - Jim Elliot
"Forgiveness is the way of love." Gary Chapman
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Originally posted by RumTumTugger View Poststill using a mirror instead of a monitor i see. the only Insanity are those that think Government can sustain this socialistic policy. Margaret Thatcher once said that "The trouble with Socialism is that eventually you run out of other people's money." Which is something Greece learned the hard way and it's people are still feeling the effects of that lesson. As shown in this Article from the Guardian.“He felt that his whole life was a kind of dream and he sometimes wondered whose it was and whether they were enjoying it.” - Douglas Adams.
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Originally posted by KingsGambit View PostAre you sure? My understanding has always been that this is impossible because the higher tax rate only applies to money earned above that specific threshold, which is backed up by everything I can find: https://www.investopedia.com/ask/ans...net-income.asp
ETA:
I'm not sure, but I think what Teal is saying in the quote below is close to what I'm trying to say, but with fancier words:
Originally posted by Teallaura View PostIn the borderline areas - depending on withholding - yeah, it's perfectly possible to end up with less in your paycheck than before - the problem is that you withholding is based on the old calculations and not the new. You aren't actually losing that money - you'd still get it back at the end of the year - but it wouldn't be in the monthly paycheck until the withholding was adjusted.Last edited by JonathanL; 08-06-2018, 07:10 AM.
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Originally posted by Teallaura View PostNet Income isn't the same thing as Take Home - remember, many people are entitled to refunds. that's because they paid more into the system than they were supposed to.
In the borderline areas - depending on withholding - yeah, it's perfectly possible to end up with less in your paycheck than before - the problem is that you withholding is based on the old calculations and not the new. You aren't actually losing that money - you'd still get it back at the end of the year - but it wouldn't be in the monthly paycheck until the withholding was adjusted.Curiosity never hurt anyone. It was stupidity that killed the cat.
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Originally posted by Sparko View Post[ATTACH=CONFIG]29594[/ATTACH]
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