How much does your paycheck get raped ?

NascarFool · Post by **NascarFool** » Tue Sep 24, 2002 10:20 pm

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.

fearfox · Post by **fearfox** » Tue Sep 24, 2002 11:06 pm

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.

Post by **FlyingPenguin** » Tue Sep 24, 2002 11:08 pm

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.

NascarFool · Post by **NascarFool** » Wed Sep 25, 2002 12:00 am

Hmmmmm . . .Radeon 9700 Retail for the work server.

PreDatoR · Post by **PreDatoR** » Wed Sep 25, 2002 12:09 am

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...

succubiss · Post by **succubiss** » Wed Sep 25, 2002 2:09 am

dude its unreal-- almost 35%, i'm single without a house payment or any large writeoffs.
i gotta get into real estate.

Post by **FlyingPenguin** » Wed Sep 25, 2002 6:46 am

No state taxes in Florida - we've got that going for us.

Executioner · Post by **Executioner** » Wed Sep 25, 2002 1:56 pm

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.

Lmandrake · Post by **Lmandrake** » Wed Sep 25, 2002 2:18 pm

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?

Executioner · Post by **Executioner** » Wed Sep 25, 2002 3:30 pm

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.

Absolut Talent · Post by **Absolut Talent** » Wed Sep 25, 2002 4:17 pm

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

Lady In Red · Post by **Lady In Red** » Wed Sep 25, 2002 9:54 pm

They take out about 33% and that hurts!!

Karchiveur · Post by **Karchiveur** » Wed Sep 25, 2002 10:12 pm

HeHeHe too young for taxs

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?

Schwartz · Post by **Schwartz** » Wed Sep 25, 2002 10:49 pm

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

LoneWolfX1X · Post by **LoneWolfX1X** » Fri Sep 27, 2002 1:08 am

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