You have to remember in Western countries it’s usually progressive brackets. So they’re paying 90 percent on anything past 400,000. You never have a net loss to taxes just for making more money in such a system.
Technically, yes. However there are circumstances some places in the lower brackets where making more can disqualify you from welfare benefits. In those circumstances, an increase which is too small to compensate for the loss of benefits would be, effectively, a net loss.
Obviously though, that’s not really an issue at the 400k bracket.
You have to remember in Western countries it’s usually progressive brackets. So they’re paying 90 percent on anything past 400,000. You never have a net loss to taxes just for making more money in such a system.
Technically, yes. However there are circumstances some places in the lower brackets where making more can disqualify you from welfare benefits. In those circumstances, an increase which is too small to compensate for the loss of benefits would be, effectively, a net loss.
Obviously though, that’s not really an issue at the 400k bracket.
Obviously.