If you work 20 hours of OT every single week then you are simply being taxed at the progressive rate of a person in the next tax bracket pays.
If you only work OT a few weeks of the year then eat it the fuck up because those weeks where the accounting believes you are being paid a high salary will eventually return when filing taxes.
The "diminished" pay is just the effects of a progressive tax system. You get paid a lot so they take more.
That's such a mischaracterization.
If you work 20 hours of OT every single week then you are simply being taxed at the progressive rate of a person in the next tax bracket pays.
If you only work OT a few weeks of the year then eat it the fuck up because those weeks where the accounting believes you are being paid a high salary will eventually return when filing taxes.
The "diminished" pay is just the effects of a progressive tax system. You get paid a lot so they take more.
Yep. Same for my 10% semi annual bonus. Oh cool I got $1000? i'll see around $600-ish.
Incentive bonuses should be exempt. It's bullshit that the government gets a part of your rewards for success
Taxes in general are bullshit. I didn't sign up to pay for some woke drug addict program or a proxy war in Libya.
You know who don't feel this way? People who have never gotten a bonus.