reply on: Income Taxes Don't Disincentivize Work \ stacker news ~econ

You should see how much they take when you work overtime. Holy smokes.

I remember that. It's because they assume your weekly earnings will be constant all year, so overtime pushes you into a much higher bracket.

You can easily go into a higher bracket if you are given overtime.

It's hard not to.

But I think some of it comes back during returns.

That's right. You're basically forced to make a zero interest loan to the government until you get your refund.

Right, which is a crapshoot. You could claim more dependents, and things, but that makes the calculations even harder to manage.