Quote:
Originally Posted by Jinesh
1. It was literally suggested by someone a few posts back.
2. At some point making less of each extra dollar isn't worth it. Would it be worth it to make that extra dollar if you were taxed 99% on it? Of course not. Everyone has a point where making a smaller % of each incremental dollar isn't worth it.
Making more and keeping less of the incremental amount still leaves you with more, but the effort to make the incremental portion you keep isn't always worth it.
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Depends. Was it overtime pay? Weekend or night differential? The increased rate will make it worth it.
Also, if you are planning to take some time off, that extra pay will not increase your taxable income as much as you think.