Thread: The Obamanation
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Old 07-28-2009, 03:48 PM   #620
Happy Monkey
I think this line's mostly filler.
 
Join Date: Jan 2003
Location: DC
Posts: 13,575
Like I said, that's how income taxes work, and I'm fairly confident that my interpretation is correct. And even if I'm wrong, the number is $2,800, not $15,120.10.

There aren't many places in the tax system where earning an extra dollar will decrease your take-home pay. A few aid programs have hard cutoffs if your income is too high, which is equivalent to a sudden tax increase. But the actual taxes seldom (never?) operate that way.
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