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Reply to "My household gross income is 105K. What is the next tax bracket?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ugh this is painful OP. [/quote] +1. So painful that someone making over 100K a year has literally no idea how basic taxes work.[/quote] I work in engineering. We're supposed to be smart, math-savvy people, right? I once had a colleague tell me that his wife stopped working because her job pushed their whole household into a higher tax bracket, so they actually made less money if she worked. ??????[/quote] You think that's bad? I was talking to a guy with an economics degree from William & Mary who made the brilliant pronouncement that every event has a 50/50 chance of happening. I asked him if a plane that takes off from Dulles has a 50/50 chance of landing safely at its destination, and he said "yes" because.....wait for it....either the plane will land, or it won't. Since there are only two options, that means there's a 50/50 chance of one or the other happening. You can't make this stuff up. [/quote]
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