Quote:
Originally Posted by Jim in CT
butba raise if $1 has less benefit than a tax cut of $1. bevause the raise is then taxed.
but you’re probably correct in what he meant.
Posted from my iPhone/Mobile device
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I guess if the tax cut is a static percent for many years, but pay raises are an annually applied percentage, and pay increases not given for a certain year(s) end up lowering your overall pay over, say, a ten year span as they are not compounded over the years.
I'm not an accountant, but I did stay at a holiday Inn Express last night
