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How Tax Brackets Work in the US

PaycheckCalculatorOnline TeamFebruary 1, 20265 min read

Tax brackets determine the rate you pay on each portion of your income. The US system is progressive — higher income earns higher rates, but only on the income above each threshold.

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Important

Getting a raise never means you take home less money. Moving into a higher bracket only taxes the additional income at the higher rate.

Frequently Asked Questions

No. A raise only taxes the additional income at the higher rate. Income in lower brackets is still taxed at lower rates.

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