Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (652711)	4/24/2012 10:48:23 PM
From: i-node	1 Recommendation Read Replies (1) of 1579715

No one gives a rat's ass about marginal rates.....they only care about the rate they actually have to pay..... You could not be more wrong. There is mass confusion about the concept of "brackets" which often makes people think they can make $1 more and have to pay $2,000 more; and those people, though misinformed, are damned concerned about it. But those who understand the concept are very definitely concerned about marginal rates. I can remember a time when a person on SS could end up having their SS benefits eaten up under the offset rule combined with the tax rates. They'll just quit the damned job rather than work for 15 or 20 cents on the dollar. I've fielded many, many questions on this subject and seen a significant portion of those to choose to sit at home rather than work for a fraction of the after-tax dollars they ought to get. People measure the value of their work by their take-home pay. And there is a fraction below which they simply choose not to work. "If I'm going to be poor not working or be poor working, I'd rather be poor not working."

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