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How much does your paycheck get raped ?

Posted: Tue Sep 24, 2002 10:20 pm
by NascarFool
Payday is on Tuesdays where I work. Tonight I figured up my "after taxes" hourly wage. I keep $15.37 an hour. Social Security, State Taxes and Uncle Same split $2.63 an hour. State taxes in Kansas must have be higher than Colorado taxes.

Posted: Tue Sep 24, 2002 11:06 pm
by fearfox
well at most of my jobs taxes have been pain in the neck. Most of my checks where at about gross of 1,500 but after taxes it would be like 1,100 or 1,000. i would be like omg.

Posted: Tue Sep 24, 2002 11:08 pm
by FlyingPenguin
Self employed. You don't want to know how bad I get raped - self employment tax is a bitch. Plus I have to pay Uncle same estimated taxes quarterly. However, I do get to right off just about everything that's business related and that helps a LOT.

Posted: Wed Sep 25, 2002 12:00 am
by NascarFool
Hmmmmm . . .Radeon 9700 Retail for the work server. :D

Posted: Wed Sep 25, 2002 12:09 am
by PreDatoR
I get raped for about 35% of my check... taxes social security labor and industries insurance dental insurance coveralls child support... I haven't bothered with 401K yet i cna't afford to have my check molested anymore...

Posted: Wed Sep 25, 2002 2:09 am
by succubiss
dude its unreal-- almost 35%, i'm single without a house payment or any large writeoffs.
i gotta get into real estate.

Posted: Wed Sep 25, 2002 6:46 am
by FlyingPenguin
No state taxes in Florida - we've got that going for us.

Posted: Wed Sep 25, 2002 1:56 pm
by Executioner
I'm at the 35% rate as well. It's also intresting that you have to work from January to May in order to pay all your taxes for the year. I forgot what it use to be in the 1950's, but I think it was only one month of work would play all your taxes for the year. As long as Democrats are in control of the purse strings, there is only one way it's going to go: HIGHER.

Posted: Wed Sep 25, 2002 2:18 pm
by Lmandrake
I get nicked for about 35% too. Paying D.C. taxes used to really get my goat, particularly when our mayor was a crackhead....


As long as Democrats are in control of the purse strings, there is only one way it's going to go: HIGHER.


Bullsh*t. Hmm. Are we talking about how taxes were decreased or kept at the same levels under Reagan? the first President Bush? Nixon? In recent administrations, which one actually had tax cuts?

Posted: Wed Sep 25, 2002 3:30 pm
by Executioner
It's not the President. It's Congress, as they control the purse strings, and Congress has been Democratic since the 60's, the same time taxes began increasing with the Great Society spending from President Johnson onward. Jimmy Carter made it worst by creating several new departments like the department of energy.

Posted: Wed Sep 25, 2002 4:17 pm
by Absolut Talent
Well.....after working my 40 hours, my taxes that are takin out equal excatly $123.45

and it will be going up in a few months when I get my raise :)

Posted: Wed Sep 25, 2002 9:54 pm
by Lady In Red
They take out about 33% and that hurts!! :(

Posted: Wed Sep 25, 2002 10:12 pm
by Karchiveur
HeHeHe too young for taxs :D
i don't got a SIN so they don't use taxs on me :)

but than next year i gotta get a SIN and stuff...

that must suck for you guys... eh?

Posted: Wed Sep 25, 2002 10:49 pm
by Schwartz
I dunno what it is but I know I get raped. I'm single and get no breaks so I guess that pretty much says it all. I know that every year Turbo Tax shows what I was taxed vs the national average and my ass definitly hurts. The government could at least give me a little lube :(

Posted: Fri Sep 27, 2002 1:08 am
by LoneWolfX1X
well NH has no income tax, or sales tax (w00t for NH!)

of course I work under the table so it's all irrevelant to me


like the gov really gives a crap about my $8 an hour :rolleyes: