Eli5 – Why are bonuses taxed for everyone

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I work in a profession where my bonus is a small set amount and isn’t guaranteed (you have to qualify for it). I really look forward to earning the bonus and have to work pretty hard to get it. So why are bonuses taxed when I already have my regular salary chopped up? It’s pretty disheartening to see this small amount reduced after earning it.

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18 Answers

Anonymous 0 Comments

Because the government enjoys the privilege of telling your to give them whatever amount of money they decide, and if you refuse, they will either kidnap your or kill you.

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