Comment on Is 33 cents a small amount of money?

• GrosPapatouf@lemmy.world ⁨6⁩ ⁨months⁩ ago

  I think you’re on the wrong side of the chart here.

  source
• Dnb@lemmy.dbzer0.com ⁨6⁩ ⁨months⁩ ago

  That’s not how is works though.

  I’d you made say 1500 normally and 2000 with ot your take home could be 1200 and 1400. Paying more taxes overall on the ot but still taking home more.

  There is no way you’d take home less money because taxes are paid on the first $1500 @ $300 and say the next $500 @ $300 too at a higher bracket. Overall your pay is still higher though even though your taxes “doubled”.

  source

  • sfu@lemm.ee ⁨6⁩ ⁨months⁩ ago

    [deleted]

    source

    • Dnb@lemmy.dbzer0.com ⁨6⁩ ⁨months⁩ ago

      That’s not how it works though. Unless you didn’t work regular hours during that same time period so worked less overall OT is taxed higher upfront so you don’t end up owing (more), but would never decrease your pay

      source