More bosses give four-day workweek a try

Re:More bosses give four-day workweek a try by EpicEng on Friday February 21, 2020 @11:30PM (#22389430)

Sorry, was only talking about the tax situation. In a progressive system each dollar is taxed at the rate of its bracket. For example (hypothetical), dollars 1-25,000 are taxed at 5%, 25,001-50,000 at 6%, 50,001-75,000 at 7%, etc. You can never gain by making less.

If you actually paid less in taxes on _every_ dollar by dropping a bracket, then you'd have been making more all along in a progressive system. Are you certain that was the case? Just curious.

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Re:More bosses give four-day workweek a try by BigJono on Saturday February 22, 2020 @12:21AM (#22389571)

You're misunderstanding what he's saying. He got a 50% cut in salary, but because all of that comes from the higher brackets, his take home is only 35% less.

I do the same thing (Australia). Worked 9 months last year and made about ~82-85% of what I would have working the full year, rather than 75%.

Incidentally this is why progressive tax is so important for a good startup culture (and thus overall tech scene). It's a negative tax on risk. The steeper your progressive ramp, the less of your geniuses are working in shit jobs creating UI form widgets with 40 managers telling them to redo it every other day.

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Re:More bosses give four-day workweek a try by EpicEng on Saturday February 22, 2020 @12:38AM (#22389614)

Yes... I believe I did :)

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