> It's partly because a 20% raise isn't a 20% raise. Even at the most modest tax bracket (above poverty) that will be reduced down to 17%. So outpacing groceries by 2% doesn't really feel good at all.
20% is 20%. Unless you're moving from one tax bracket to another on a particularly steep threshold, a 20% raise is going to actually translate to close to 20% extra take home, especially at the income levels for someone making $3k/mo take home.
20% is 20%. Unless you're moving from one tax bracket to another on a particularly steep threshold, a 20% raise is going to actually translate to close to 20% extra take home, especially at the income levels for someone making $3k/mo take home.