It’s Tax Time… what bracket are you in?
You know, I never thought about it before, but…Taxes go up as your income goes up, right? So as you make more money, you get into a higher percentage tax “bracket”.
These “brackets” don’t get adjusted for inflation do they?
So, over time, we’ve been gradually paying more in tax, without any taxes being “raised”.
Well, if your income has been keeping up with inflation, you have been. Wish I could say mine has!
