A dollar saved…

is often better than a dollar earned.

• If your marginal tax rate is 32.5% of every dollar earned, you need to earn $1.48 before tax to have $1 in the hand. 
• If your marginal tax rate is 37% of every dollar earned, you need to earn $1.59 before tax to have $1 in the hand.
• If your marginal tax rate is 45% of every dollar earned, you need to earn $1.82 before tax to have $1 in the hand.

If you save a dollar – well, that’s a dollar in the hand.