I upvoted because you choose to strike thru rather than delete. Big props for that
Comment on Is 33 cents a small amount of money?
LodeMike@lemmy.today 2 months agoThis is actually not true as it doesn’t take into account the standard deduction
Nurse_Robot@lemmy.world 2 months ago
LodeMike@lemmy.today 2 months ago
I try to be accurate. Hence why the comment in the first place.
fushuan@lemm.ee 2 months ago
Agreed, I love people that own their mistakes.
finitebanjo@lemmy.world 2 months ago
It does not take into account a lot of things, namely the many many deductions for qualifying individuals.
yunxiaoli@sh.itjust.works 2 months ago
Not all people take the standard deduction, this is true before all deductions and similar economic stimuli.
jacksilver@lemmy.world 2 months ago
Read the chart, it says taxable income.
Deductions and other tax games may lower you’re taxable income, but the progressive tax brackets apply this way to all taxable income.