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View Diary: Do YOU understand how tax brackets work??? (124 comments)

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  •  correct me if I'm wrong (4+ / 0-)

    I thought the IRS doesn't deal in cents anymore.  So actually the person making 80,000 and the one making 80,001 pay the exact same amount in taxes since less than fifty cents rounds down.

    •  Well, you could say... (0+ / 0-)

      ...if a person made $80,010, they would only end up owing $2.80 more.  That's about the price of a cup of coffee at Starbucks.

      The road to Hell is paved with pragmatism.

      by TheOrchid on Mon Nov 19, 2012 at 06:10:13 PM PST

      [ Parent ]

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