General_Effort@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish · 19 hours agoIs 33 cents a small amount of money?lemmy.worldimagemessage-square78fedilinkarrow-up1515arrow-down114
arrow-up1501arrow-down1imageIs 33 cents a small amount of money?lemmy.worldGeneral_Effort@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish · 19 hours agomessage-square78fedilink
minus-squareKairoslinkfedilinkarrow-up32arrow-down51·edit-216 hours agoThis is actually not true as it doesn’t take into account the standard deduction
minus-squareNurse_Robot@lemmy.worldlinkfedilinkarrow-up39·edit-214 hours agoI upvoted because you chose to strike thru rather than delete. Big props for that
minus-squareFushuan [he/him]@lemm.eelinkfedilinkarrow-up7·11 hours agoAgreed, I love people that own their mistakes.
minus-squareKairoslinkfedilinkarrow-up11arrow-down1·14 hours agoI try to be accurate. Hence why the comment in the first place.
minus-squarejacksilver@lemmy.worldlinkfedilinkarrow-up53·16 hours agoRead 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.
minus-squarefinitebanjo@lemmy.worldlinkfedilinkarrow-up29arrow-down1·18 hours agoIt does not take into account a lot of things, namely the many many deductions for qualifying individuals.
minus-squareyunxiaoli@sh.itjust.workslinkfedilinkEnglisharrow-up8·17 hours agoNot all people take the standard deduction, this is true before all deductions and similar economic stimuli.
This is actually not true as it doesn’t take into account the standard deductionI upvoted because you chose to strike thru rather than delete. Big props for that
Agreed, I love people that own their mistakes.
I try to be accurate. Hence why the comment in the first place.
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.
Not all people take the standard deduction, this is true before all deductions and similar economic stimuli.