Related to a comment on this question: http://www.basicallymoney.com/questions/1256/is-it-true-that-income-tax-was-created-to-finance-troops-for-world-war-i
Does it ever make financial sense to turn down a raise at your job? It was mentioned for tax reasons it did no good, but would not getting a raise have other intangible benefits besides a larger paycheck?
I got a $2/hr raise once that amounted to $50 extra per month because I just barely bumped into the next bracket, but the new gross income was enough to qualify for a re-finance of my house.
When is it bad to take a raise at work?