(smugly) I won’t take that raise because my tax rate would go up. You’re a sucker if you want to take that raise. You make more money by taking less money.
In Britain we have a pressure group that’s inexplicably on TV every other week pedalling this lie and the one that corporation tax hurts businesses. (Corporation tax is paid on net profits, so businesses only pay if they can afford it).
What’s funny is they’re called the “taxpayers alliance” yet their narrative suggests none of them actually have any experience of paying tax.
No (US). Those who loudly complain are generally conservatives who can’t understand how marginal tax rates and brackets work.
In Britain we have a pressure group that’s inexplicably on TV every other week pedalling this lie and the one that corporation tax hurts businesses. (Corporation tax is paid on net profits, so businesses only pay if they can afford it).
What’s funny is they’re called the “taxpayers alliance” yet their narrative suggests none of them actually have any experience of paying tax.