Welcome to Career Week!

From November 15th through the 20th, we'll be celebrating Career Week here at Bargaineering. You can find out more about what's on tap at the Bargaineering Career Week post. I hope you enjoy the series and would love to hear your feedback!
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Slight Misunderstanding of Marginal Tax Brackets

by Jim Wang on September 04, 2008

Reader Ann asked the following question on my post about the 2008 Federal Income Tax Brackets:

Jim ~

My husband has just been offered a salaried position of which he is excited yet somewhat reluctant about. The increase in salary would put us “over the edge,” so to speak, into the 25% tax bracket. His position probably doesn’t have much more room for increased income. We are not currently in a position to owe significantly more tax. In addition, we are quickly loosing our child deduction as they are becoming “independent.” Advice?

Here was my reply:

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