Why Didn't My Take-Home Pay Increase With My Raise?
Unless you were near moving up a tax bracket, your tax rate (or tax percentage) isn't going to move up.
However, the quantity in taxes that are taken out of your pay will go up, because of your boost. Remember, the taxes taken from your take a look at are a percentage of your overall pay, so when your pay will increase, so do your taxes.
You can try to restrict the amount you pay in taxes Here's how: Explore options to reduce your taxable earnings, like increasing your retirement contributions or beginning a flexible spending account (FSA) all through open enrollment.
This ought to lower the quantity you pay in taxes seeing that each are deducted from your pay pre-tax.