Originally Posted By krautrock
Originally Posted By B3422W5


I looked at the old and new tax brackets. If you made enough to pay 32% on a little of your income and didn't before the tax cuts you must have had taxable income of 180k ish or so.
Because at 195k you would have been paying 33% before.
So in that slot, you payed a good bit less on most of it, and a tiny bit more on a very low percentage of it, because up to 157.5 k you only paid 24% compared to 28% before.
If you make a decent income like that you should find some rocks to crawl under. There are plenty.


i thought maybe he was talking about the tax rate on a "bonus" check, if i remember correctly it is around 40%


Which is a bogus metric.

A bonus, or an unusual overtime check etc, is taxed as if it's your usual income, as in it will continue every pay period. It's part of your total taxes already paid come April 15th.

So while you get taxed HEAVY on a bonus check, the actual money you pay the government is al calculated on your annual taxes.