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by dundercoder 2194 days ago
Maybe he tossed out a number he feels comfortable paying in taxes. I worked a bunch of overtime last year as a favor and ended up getting bumped into the ~30% tax bracket for income. I’m feeling pretty ragey about it myself.
3 comments

Tax systems are progressive ... being in a higher bracket is nothing to be angry about.
That's arguable. You could say, not everybody loves is delighted that the value(to themselves) of their work goes down, the more they do it. I think most people accept some form of taxation but annoyance at idea of diminishing returns is very understandable.
Wait until you hear about how we Swedes feel when we hit the 50%-55% income tax bracket (not counting payroll tax of 30%!).
Also just to be clear, you’re only taxed 30% on the income in the new bracket, not your entire income so rejoice! :)