
5. Overtime Tax
“I’ve had people tell me that overtime hours were taxed extra… no matter how much I tried to explain about tax brackets, they just didn’t believe me,” dr-moon88 wrote. It’s amazing the number of people who have no idea how the tax system works.
This is sad because they’re potentially missing out on a lot of money in the process. Schools and parents should ensure that everybody knows what’s right. It’s also why many workers reject pay raises because they mistakenly think they’ll make less.