FUEGO
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 13, 2007
- Messages
- 7,746
Of that dollar you earned, you only keep about half of it. At this point you have to ask yourself if it's really worth busting your chops to earn a little more. And since the subsidy is still phasing out once you hit the 28% bracket, before it completely phases out there's a "bracket" where you lose about 60 cents on the dollar if not a little more to taxes and lost subsidies.
I think you have discovered the nuance of the law. It's another measure to encourage you to either shoot for the moon or acquiesce to mediocrity.