Originally Posted by
PastV1
Redeye,
That was my point. They give you another 6k to cover taxes on your extra 12k then your income goes up 6k then they give you another 30% of 6k ($1800) to cover the taxes on that now you owe taxes on 1800 more then they pay you....well, you get the picture....
Past....
I think when it gets down to paying you the $18 to cover $60...They just give you a "Scooby Snack" and call it even.
Of course, I didn't see that in the "more tax equalization" page on PFC. Just standard industry practice.