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If I'm not mistaken, 28% of $249,999 = $69,999.72, and 33% of $250,000 = $82,500.00. $82,500.00 - $69,999.72 = 12,500.28. If those calculations are correct, that extra dollar of income just incurred $12,500.28 in taxes. I think I could afford to take a couple of extra weeks off to avoid earning that extra dollar and incurring another $12,500 in taxes.<br> <br> However, I fear that we will soon see that threshold come far lower. I've paid off my house, my cars, and my credit cards. I'm prepared to get a minimum-wage part-time job to get a W-2 and otherwise work under the table for cash. If that makes me a tax cheat, so be it.
By Lee

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