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February 23, 2016 by 1 Stop HR Consulting

Tip from our friend Randy Moore at RCM Bookkeeping Services

Have you ever heard someone say “I don’t want to work overtime or make too much money, because I’ll be in a higher tax bracket and they’ll take all my extra money in tax.”
That saying is dumb.

Many people (including myself when I was young) think that as soon as you reach a certain income level all your income gets put into a higher category.  That’s not true.  It’s only the amount that you make that is in the higher category that gets taxed at a higher rate.  It’s like milk and cream.  More tax is paid on the cream, but there will always still be more money in your pocket than you had before, and who doesn’t want more money?

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1 STOP HR was founded by Christie Ferguson, CHRP CHRL Christie is a certified Human Resources Professional & Leader with many years of hands on HR expertise.

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