this post was submitted on 09 Apr 2025
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[โ€“] RichardDegenne@lemm.ee 66 points 1 month ago (14 children)

I'm surprised that nobody mentioned tax brackets.

I laughed my ass off when my racist uncle smugly explained that he turned down a raise, because that would put him in an upper tax rate and cost him more money than the raise was worth.

Tried to explain how income tax works. Didn't go through that thick skull of his.

[โ€“] venoft@lemmy.world 7 points 1 month ago

If you're on some social security program it could be wise to turn down a small raise. At least in some places. Once you earn above a certain limit those benefits stop and you actually lose money.

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