Comment Re:Glad to see... (Score 1) 238
You're the one who doesn't understand how this works.
There are these things called tax brackets, taking your example you would pay 10% on the $20,000 dollars and 20% on the $1,000 dollars above that for a total of $2,200. You don't suddenly pay twice as much tax in total because you made an extra dollar.
There are these things called tax brackets, taking your example you would pay 10% on the $20,000 dollars and 20% on the $1,000 dollars above that for a total of $2,200. You don't suddenly pay twice as much tax in total because you made an extra dollar.