Trump just announced a No Tax on Overtime Pay policy!
🏆 - WINNING - 🏆
Wow!
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No it doesn’t. That’s not how tax brackets work.
Yes it does, it increases your income. This can throw you into a higher tax bracket where you pay a higher percentage on all your taxable income.
Your marginal tax rate, perhaps, but your full income does not get taxed at the top level.
No, you only pay the higher income tax on the income earned above the next bracket threshold