My father actually got a very tiny raise that basically did nothing except bump him up to the next tax bracket 💀 why don’t they just graduate taxes or something
No it is not. Your father got up to the next tax bracket, but the tax rate for every bracket only applies to the income earned within that bracket. Unless there is some very specific fuckery going on, or there is something up with means tested benefits, it is impossible for your taxes to increase faster than your income.
My father actually got a very tiny raise that basically did nothing except bump him up to the next tax bracket 💀 why don’t they just graduate taxes or something
What? That’s not how taxes work at all.
It is in the US apparently.
No it is not. Your father got up to the next tax bracket, but the tax rate for every bracket only applies to the income earned within that bracket. Unless there is some very specific fuckery going on, or there is something up with means tested benefits, it is impossible for your taxes to increase faster than your income.
Ok.
Are there any countries with a fucked-enough tax system that getting bumped up a tax bracket means you have less money?