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 4 weeks agoThis is actually not true as it doesn’t take into account the standard deduction
Nurse_Robot@lemmy.world 4 weeks ago
LodeMike@lemmy.today 4 weeks ago
I try to be accurate. Hence why the comment in the first place.
fushuan@lemm.ee 4 weeks ago
Agreed, I love people that own their mistakes.
finitebanjo@lemmy.world 4 weeks ago
It does not take into account a lot of things, namely the many many deductions for qualifying individuals.
yunxiaoli@sh.itjust.works 4 weeks ago
Not all people take the standard deduction, this is true before all deductions and similar economic stimuli.
jacksilver@lemmy.world 4 weeks 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.