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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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you're not very economically literate, are you? overtime pay is not taxed at the marginal tax rate, that's not what that is.
the marginal tax rate is the maximum rate your income will end up at, that does not however mean that all your income is taxed at the rate.
as a very simplified example, assume you have the tax brackets
and you earn $2500, the taxes you will pay are $1000 at 10% -> $100 the next $1000 at 20% -> $200 and the last $500 will be taxed at 30% -> $150
meaning, in this example, you are paying $450 at a marginal tax rate of 30% on $2500. now overtime can bump you up, for example, imagine you work a LOT over those 40h and earn $3200, now you're in the next tax bracket due to your earnings.
also, the whole point is to deny all income above a certain level, or do you really think your boss deserves 3000 times your pay? because he certainly isn't working 3000 times harder than you are.
Oh please explain to me how marginal rates work... 🙄
If your marginal tax rate is already 30% and you decide to earn an extra $1, that $1 will be taxed at 30% and you get $0.70 in your pocket. That's what "marginal" means.