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How U.S. Taxes ACTUALLY Work! Explained.




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Title :  How U.S. Taxes ACTUALLY Work! Explained.
Lasting :   0.40
Date of publication :  
Views :   8,6 jt


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Description How U.S. Taxes ACTUALLY Work! Explained.



Comments How U.S. Taxes ACTUALLY Work! Explained.



@humphrey
Check out how to build wealth here: br youtube/Tfifs6lJR9I
Comment from : @humphrey


@BrianSternett
Lol whatever
Comment from : @BrianSternett


@SmartMoneyPodcasts
That's actually how the tax system works
Comment from : @SmartMoneyPodcasts


@LittleJack_LJ
Dude almost lost his one time raise
Comment from : @LittleJack_LJ


@soren3569
There IS a feature in our tax system that can confuse folks on this point Assuming you're having your taxes withheld, if you pull in overtime that makes it look like you may wind up in the next tax bracket (for instance), the withholding may get tweaked to account for that, and this can make an OT paycheck actually slightly smaller than your regular work-time paycheck The end result is that you'll get a bigger refund, but some folks think that the higher withholding is actually permanent
Comment from : @soren3569


@frozenfury1634
I love beer and hate doing my taxes
Comment from : @frozenfury1634


@TheRealChicagoBeats
Bro flipped the script 😂
Comment from : @TheRealChicagoBeats


@appleztooranges
Imagine making $41,000 a year in 2025? 😂😂😂
Comment from : @appleztooranges


@ian59242
Surely, no one is this stupid?
Comment from : @ian59242


@aralmariv0712
"Are you allergic to money?!" 😭😭😭
Comment from : @aralmariv0712


@charleswatson574
I'll pass? Raise me to 40k
Comment from : @charleswatson574


@thatonekid379
I wish my boss would be nicer to us 20 year olds :(
Comment from : @thatonekid379


@Vance_Da_Droid
I’m watching this stuff because of the ai :(
Comment from : @Vance_Da_Droid


@glitchythescardeycat
Thanks
Comment from : @glitchythescardeycat


@strawbiixmochii
Thanks!! 👍👍
Comment from : @strawbiixmochii


@DeanBugYT
The fact that the boss said “are you allergic to money” seriously
Comment from : @DeanBugYT


@carolynshank8961
Taxes labor is slavery and he doesn't really get 38k because the government takes 5k in taxes and if he lives in a state that takes taxes from his paycheck they take 1600 from him and the city he lives in gets 500 dollars from him so he only makes 31k because they are making money off of his labor like slaves in the past
Comment from : @carolynshank8961


@nb1hk
Ok but, nobody pays over 20 tho
Comment from : @nb1hk


@bigstuntnsp
This is bs I put in A higher bracket i didn't reach because I was so close
Comment from : @bigstuntnsp


@JockBairock
Just don't pay taxes
Comment from : @JockBairock


@brandonmitchell6776
Should be taught in school
Comment from : @brandonmitchell6776


@crawling86
The people that work hard in this country that live paycheck to paycheck owe taxes Thank you, america🙏
Comment from : @crawling86


@TimmyDale33
Is a facade
Comment from : @TimmyDale33


@Ake-57
But at what point does youre work know to increase the tax they are talking?
Comment from : @Ake-57


@BIlIGJ
Informative
Comment from : @BIlIGJ


@brandysmitg4016
He is not factoring in standard deduction which lowers the taxable income about 12 k His taxable income would still only be around 29k
Comment from : @brandysmitg4016


@sevenRyeh
No raise this year Christmas was like a normal February The first I’ve ever seen it’s telling
Comment from : @sevenRyeh


@michaeljohnston468
So this is how I come tax return document works
Comment from : @michaeljohnston468


@Vincitquisevincit11
You’re pretty much homeless if you make 38k a year
Comment from : @Vincitquisevincit11


@BlueCheez-743
Jesus loves you ❤️
Comment from : @BlueCheez-743


@Ifeanyiemma345
Your videos have been truly impressive! As one of your regular viewers, I've been following your content closely for a while now I'm very interested in making an investment, but I’m still having trouble identifying the right opportunity to fully commit to I would greatly appreciate any guidance or suggestions you might have in this area>>
Comment from : @Ifeanyiemma345


@PFGFrankly
which you have some on deductible's
Comment from : @PFGFrankly


@andreimaxwell4455
say you make $2000, you owe 30 of that, ok, now you hit next bracket, that's $3000 extra you made, but the IRS wants 40 of that $3000 - that's not a good thing
Comment from : @andreimaxwell4455


@johno3288
But, you're still poor Oh wellz!
Comment from : @johno3288


@Wasteofenlightment104
Bro just evade em
Comment from : @Wasteofenlightment104


@Dustyphoto915
False You are only taxed the next percentage on the money you make over the previous brackets percentage
Comment from : @Dustyphoto915


@Hannahbenowitz
I've lived in America and Canada Paid about the same in taxes but get way more for my taxes in Canada Most Americans hate the government (hate giving them their money even more) because they've never experienced good governance
Comment from : @Hannahbenowitz


@VellaBruzewski
Thank you so much for your hard work! 😊 I have a quick question: 🤷‍♂️ I found these words 😅 (behave today finger ski upon boy assault summer exhaust beauty stereo over) Can someone explain what this is? 😅
Comment from : @VellaBruzewski


@jamesbowker2178
Why can't people get thisIts so fucking simple
Comment from : @jamesbowker2178


@marklechadores5574
Raises are always great, it means you're moving up in your career and up the corporate ladder
Comment from : @marklechadores5574


@OthelloSuge
Thanks for the breakdown! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase (air carpet target dish off jeans toilet sweet piano spoil fruit essay) Could you explain how to move them to Binance?
Comment from : @OthelloSuge


@ziaclipsegaming2835
Yeah right every social benefit is like dead line income costs like if you make above or below xyz you get the benefits or you don't Like in my state to get $850/week for daycare I need to make less than 120k/year
Comment from : @ziaclipsegaming2835


@ragerDuane
The fact that anyone above age 18 has this misconception is pathetic
Comment from : @ragerDuane


@michaelatlas2341
It's literally a way to keep you poor without you noticing 😂
Comment from : @michaelatlas2341


@Y2K_STARR
Ko
Comment from : @Y2K_STARR


@dougmarshall4010
I’m amazed at how many people don’t understand what a progressive tax rate is
Comment from : @dougmarshall4010


@Insitika
38k is terrible pay
Comment from : @Insitika


@mrblahbah2522
“Your my accountant how do u not know this, ur fired
Comment from : @mrblahbah2522


@brianwings6908
Fire that moron
Comment from : @brianwings6908


@xecstormy
Simple solution: don’t pay your taxes
Comment from : @xecstormy


@kazual9206
No , you lose all the other benefits from the lower taxes brackets
Comment from : @kazual9206


@swellcartoon101w9
Yet most places have a 14 dollar minimum
Comment from : @swellcartoon101w9


@BigGuy10Points
With the standard deduction you don’t actually pay any taxes until you brR bracket moves up
Comment from : @BigGuy10Points


@raminrouchi202
Im allergic to taxes
Comment from : @raminrouchi202


@Merkantoine
"want a raise?"brbr"No thanks boss"brbr"Ok"brbrbrHere's how it should have gone
Comment from : @Merkantoine


@marvinbrando722
😂😂😂😂😂😂 These kids think people don't know ow thatbrA lot of people that are making 50k and below, dont want to move to another brackets, because they will lose benefits That simple
Comment from : @marvinbrando722


@masoncontreras2979
Im STILL not paying for thee government to not do jack shit with it
Comment from : @masoncontreras2979


@faizakhalid5710
So should his salary be raised to 40525 in stead of 41 k if he wants to avoid gets taxed
Comment from : @faizakhalid5710


@dingdongchingchong8659
Its called a tax bracket
Comment from : @dingdongchingchong8659


@amir-xt1pu
Finally someone got it right 👍😊
Comment from : @amir-xt1pu


@teddyflowers2798
LOL the more money you make the more you get taxed
Comment from : @teddyflowers2798


@CharlyCD93
Also, standard deduction
Comment from : @CharlyCD93


@aggravatedstrawberry
It's still too high of a rate to be paying Any rate is too much because taxation is theft, and theft is a crime
Comment from : @aggravatedstrawberry


@theomalbranque3865
It feels like you are copying sean
Comment from : @theomalbranque3865


@theomalbranque3865
Wait a second
Comment from : @theomalbranque3865


@potatochobit
I'm sure you kids know this is like 18$ an hour Stay poor kids
Comment from : @potatochobit


@Handle-this-15
Thats interesting because my paycheck went down when i took a raise
Comment from : @Handle-this-15


@esladio2983
Solution get paid cash under the table No taxes
Comment from : @esladio2983


@fool1497
Dont you only get taxed more on the salary above the 40k??
Comment from : @fool1497


@ccpthugz
I dont pay taxes
Comment from : @ccpthugz


@C4ND13-o7e
Imagine paying taxes
Comment from : @C4ND13-o7e


@codyaaron3371
41k a year is such a pathetic amount of money I honestly have so much respect for people who can live comfortably off that much
Comment from : @codyaaron3371


@RabudiaVod
And in german we sit on 40 tax
Comment from : @RabudiaVod


@AlexJohnsonESQ
It's infuriating to hear about these employment agencies run by white-collar criminals, deceiving workers and clients alike with fake insurance certificates 😡 Let's expose their fraudulent practices and hold them accountable
Comment from : @AlexJohnsonESQ


@mikeshinoda2806
Low iq
Comment from : @mikeshinoda2806


@beccaleigh7744
This isn't why people reject raises It's because assistance benefits are often NOT organized progressively If you lose your housing or healthcare after getting a raise, you can indeed lose money Which is fk'd up
Comment from : @beccaleigh7744


@SometimesImEpic
38 to 41k in this economy? I quit
Comment from : @SometimesImEpic


@readlikewriters5144
Also, it's his marginal tax bracket, not the actual tax bracket
Comment from : @readlikewriters5144


@JustinStLouis-xz7ut
I stay well below the tax braket on paper, off paper? That's my business!
Comment from : @JustinStLouis-xz7ut


@holyman-pz7oy
That's just wrong so you paying double taxes on your income at 12 percent and 22 percent anyway 38k is 12 percent and the next is 22 percent shutup corporate America
Comment from : @holyman-pz7oy


@RandomVids-t5t
Wait so Youll get taxed 2 times?
Comment from : @RandomVids-t5t


@NatureLovingIntellectual
How about you just become tax exempt 🤔
Comment from : @NatureLovingIntellectual


@Politography
This is the shit school doesn’t teach you about
Comment from : @Politography


@chicano_4934
Wish Germany had that progressive tax system
Comment from : @chicano_4934


@Parad0x0n
True but progressive itself just means higher taxes for higher incomes
Comment from : @Parad0x0n


@connorgray2896
Is this the same in uk and scotland?
Comment from : @connorgray2896


@MrYega-zq7rz
With all due respect I got to pass I wont qualify for EBT and Medicaid
Comment from : @MrYega-zq7rz


@pabs211
How low are those taxes - try living in UK
Comment from : @pabs211


@ReneGonzalez-rf3tm
I misunderstood this and my coworker informed me Ever since I’m been climbing the tax bracket ladder
Comment from : @ReneGonzalez-rf3tm


@ryanseay2835
The fact that it’s often misunderstood shows corruption and a flaw in the system
Comment from : @ryanseay2835


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