I recently had a 14% increase to my base salary.. however after all the deductions, my take home is about the same... in order to have noticeable difference to your take home would require 50% or smth...

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That's not how marginal tax rates work though. (And I had a 15-ish% raise from last year and my take-home is absolutely noticeably higher.)

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That doesn’t make sense. You should see at least half depending on your top marginal tax bracket. You may want to adjust your withholding

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If you’re looking to increase take home pay you can revisit your retirement contributions. Typically they’re a percentage of gross income so you’re contributing a larger dollar amount with a higher salary. If you value your cash flow over more money into retirement you could adjust there.

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Please explain, I don’t understand but I’m interested

funny

I think he’s saying 15% raise, net of taxes, spread over each individual paycheck. It’s not a huge difference. Especially if the starting point is relatively low.

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An increase of $15k-$16k yields ~$1,000 per month after taxes and other non-negotiables.

Even starting with $80k base, a 15% bump is $12k, which is still going to be close to $700 extra per month. $700/month when I made $80k was VERY noticable.

Unless you sent it all to retirement, how are you not noticing that?

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That's really odd. Are you a normal W2, with standard deduction? Sounds like you're in a unique scenario, taxes at 57% aren't the norm.

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