@FlorianMielke
You don’t pay 42% income tax on each 5k a month. 5 * 12 = 60k for the year.
You pay:
0% on the first $10,347
14% - 24% on $10,909 - $15,999
24% - 42% on $16,000 - $62,000
So you’re not paying 42% on every 5k monthly check you get.
Why don’t people understand taxes 🙃