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Oct 23, 2024
6:56
:06
pm
JohnnyC
Truly Addicted User
Just keep in mind Overtime pay is taxed at a higher rate.
So you wouldn’t need a 35 percent raise to match your take home pay.
This message has been modified
Originally posted on Oct 23, 2024 at 6:56:06pm
Message modified by JohnnyC on Oct 23, 2024 at 6:56:24pm
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JohnnyC
Previous username
DumBass
Bio page
JohnnyC
Joined
Aug 13, 2019
Last login
Oct 23, 2024
Total posts
13,456 (425 FO)
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Messages
Author
Time
Need some of that high quality CB career advice
Setpoint
6:47pm
Just keep in mind Overtime pay is taxed at a higher rate.
JohnnyC
6:56pm
Source? Overtime pay is taxed exactly the same as regular pay.
byuler
7:02pm
This is incorrect. Overtime pay is not taxed at a higher rate.
RdF3
7:02pm
Overtime hits your W2 the same as regular wages. I'm not following how it's taxed at a higher rate.
JB2JH
7:03pm
My bad: this is what I found after i posted my incorrect opinions…..
JohnnyC
7:15pm
Additional taxable income will always increase your liability. If you get pushed into a higher bracket, it's only the
JB2JH
7:23pm
I'd lay that out for my boss and see what suggestions he has. Seems like I'd
Parkercoug82
6:56pm
Tbh I’d imagine they’re already expecting to have to bump you that 20%
JollyGreenGiant
7:03pm
Lay out the numbers and let them know you don't want to take a paycut.
Tare
7:14pm
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