Read the chart, it says taxable income.
Deductions and other tax games may lower you’re taxable income, but the progressive tax brackets apply this way to all taxable income.
Comment on Is 33 cents a small amount of money?
LodeMike@lemmy.today 1 year agoThis is actually not true as it doesn’t take into account the standard deduction
Read the chart, it says taxable income.
Deductions and other tax games may lower you’re taxable income, but the progressive tax brackets apply this way to all taxable income.
It does not take into account a lot of things, namely the many many deductions for qualifying individuals.
Nurse_Robot@lemmy.world 1 year ago
I upvoted because you choose to strike thru rather than delete. Big props for that
fushuan@lemm.ee 1 year ago
Agreed, I love people that own their mistakes.
LodeMike@lemmy.today 1 year ago
I try to be accurate. Hence why the comment in the first place.