Reply to When making more actually is a real tax disadvantage?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I thought you were going to say last year you got 9k back (!!!!!) and this year you owed 6pm so you lost 1k. You didn’t. You made thousands more this year pre tax, and still have thousands more post tax. How are you worse off? Explain like I’m 7.[/quote]

Then issue is that I literally worked TWICE as many hours this year as last year. Plus we spent 4k on summer childcare so that I would have the continuity required to do client work over the summer, which I did not do the previous year (I did some work over the summer, but had to turn down some projects because I was full time parenting much of the summer).

So between the 9k in additional taxes and the 4k in summer childcare, that's 13k. I made 16k more than I did the previous year. So total an extra 3k. To literally work twice as much.

Yes, I understand our increased tax burden is also partly due to my DH's raise. But my DH got a raise for doing the same job. He didn't get a promotion -- our family gets that money without him having to do a single second of extra work. Whereas my increase in income equals hours and hours of extra work, plus added expense (some of which is deductible but the childcare isn't).

So that's the issue. Yes we have more money this year than last. But we'd have a bit more money regardless of how much I worked because of DH's raise. I'm not suggesting I don't want him to get a raise. I'm questioning whether doubling my work efforts makes sense when so much of it gets instantly swallowed up by taxes and [b]childcare costs.[/b][/quote]

It's not taxes that are the issue.  It's the extra time and how it costs you a lot in childcare costs.  That's an issue every dual-income family with very young children has to deal with. Everyone deals with it in different ways depending on their particulars.  Eventually your kids will be in school and this financial pressure won't be as much.  It's just the way it is in the US.[/quote]

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