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Money and Finances
Reply to "My household gross income is 105K. What is the next tax bracket?"
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[quote=Anonymous][quote=Anonymous]Not OP, but people should be nicer. We should encourage some basic financial education in schools. I graduated high school in the 90s so maybe this is done now. I think a lot of young people run into credit problems, and don't know how to best save for retirement etc. [/quote] Agreed. I'm not sure that OP's unfamiliarity with tax brackets is any worse than other views I've seen recently on this forum, including: 1- Tariffs are actually good. 2- The market is *definitely* headed for a big correction, so I'm holding cash now. 3- Bitcoin is a reasonable investment vehicle. 4- An affluent household holding $100K in cash as an "emergency fund" is a savvy move. 5- Vanguard is stupid for not offering index funds which do not include stocks that I personally find objectionable. 6- My taxes will go way up under the tax cut bill, since my mortgage interest is more than $10K/year. OP at least knows enough to realize she doesn't know something she should know. [/quote]
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