When you get a raise in pay, what often happens to your income taxes?
A. They are deferred for one year
B. They decrease due to a change tax bracket
C. They increase due to a change in tax bracket
D. Taxes don't rely on your income, so they don't change
@tester97
@texaschic101
@robtobey
@esshotwired

Question

When you get a raise in pay, what often happens to your income taxes?
A. They are deferred for one year
B. They decrease due to a change tax bracket
C. They increase due to a change in tax bracket
D. Taxes don't rely on your income, so they don't change
@tester97 
@texaschic101 
@robtobey 
@esshotwired

texaschic101 · Answer

I am going with C...more pay, more taxes

jim_thompson5910 · Answer

not all pay raises cause you to bump up to a new tax bracket

i<3mybaby · Answer

I figured that one out it is C but I am struggling with another problem I will tag you

jim_thompson5910 · Answer

but you do pay higher taxes

jim_thompson5910 · Answer

so C is misleading

texaschic101 · Answer

thats true...a little misleading

jim_thompson5910 · Answer

but C is most likely the answer

joel_the_boss · Answer

C seems like the right choice.

jim_thompson5910 · Answer

also random side note, but choice D would only be true before 1913. This was when the US depended on revenue from tariffs as the main source of income.

texaschic101 · Answer

wow...jim...it doesn't surprise me that you know that..lol