\u201cTax drag\u201d can hold your money back from reaching its fullest potential\u2014what is it, how does it work, and what do the outcomes look like? Plus, we share a wild money story involving $90,000 of debt. Have a money story of your own? Email us at moneywithkatie@morningbrew.com, and we\u2019ll anonymously share it.\nWelcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.\nReminder: This is not financial advice; we are not certified financial professionals\u2014please do your own due diligence.\nTranscript, show resources, production credits, and more can be found at: https://moneywithkatie.com/tax-drag.\nLearn more about your ad choices. Visit megaphone.fm/adchoices