Altruistic reasons aside... I understand people in higher tax brackets are taxed at higher rates, but if my understanding is correct, the higher tax rate only applies to the income made OVER the bracket cutoff. Wouldn't you end up taking home more money overall if you just kept all of your money and let it be taxed?
Submitted June 03, 2017 at 11:58AM by Genosoa http://ift.tt/2rQE3Kl