Share your insights or perspective on the financial matter presented in the input.

Why would you ever turn down a raise in salary?
I had a colleague turn down a raise once because he believed that female colleagues were already being paid well below his salary and it was unfair to further increase this gap. For very public figures raises are often declined as a form of leadership: showing that management is willing to forgo bonuses and salary increases as a form of solidarity with the employee population.  Some leaders forgo a salary altogether (or take a $1/year salary).