Saturday, February 25, 2012

How Getting A Raise Affects Your Taxes - Personal Finance ...


From: Forbes - Personal Finance - 11:06am - February 24, 2012

You've finally received a hard-earned raise. Unfortunately, that raise has bumped you into the next tax bracket. Does that mean you should tell your employer you don't want the raise after all? If all of your income is going to be taxed at a higher rate, with your new raise, you're actually going to take?home a smaller paycheck. Right?

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Source: http://ewallstreeter.com/how-getting-a-raise-affects-your-taxes-3429/

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