View Single Post
Old 11-28-2017, 07:44 PM   #10995
hud 91gt
RS.net, helping ugly ppl have sex since 2001
 
hud 91gt's Avatar
 
Join Date: Feb 2002
Location: Vancouver
Posts: 8,419
Thanked 4,040 Times in 1,562 Posts
Failed 35 Times in 27 Posts
I love when people argue that. So very incorrect.

The reason you probably think it works that way is your company most likely taxes you each month on a monthly average. If you all of a sudden make twice your wage one month due to over time, they will probably tax you (On that cheque) as if every month was that high. meaning a much higher tax bracket then reality. It all evens out at year end, or you will just get a refund.

Take a peak how your income taxes work, federal and provincial.
__________________
Crush - 1971 Datsun 240z - Build Thread
The Daily - Rav4 V6 - “Goldilocks”
hud 91gt is offline   Reply With Quote
This post thanked by: