Donut Holes

Daniel YergerFinancial Planning 2 Comments

A common misperception by many about taxes is that if they make too much money, they’ll end up having less money than if they hadn’t made the money. This often arises from a misunderstanding of the marginal tax system, in which incrementally, your taxes increase as your income rises. The misunderstanding then is that if you’re in the 22% bracket, …