Myth Busted: The Truth About Tax Brackets

This month, we’re diving into common money myths that could be costing you.

First up: The Pay Raise Tax Myth. Ever heard the rumor that a raise can actually decrease your take-home pay if it bumps you into a higher tax bracket? It’s a common misconception about taxes that just won’t quit.

The truth is: a raise always means more money in your pocket.

Curious to know why? Check out our video or the article (or both!) to debunk this myth and learn how marginal tax rates really work.