All of a sudden, I hate the government.

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JEDI

Lifer
Sep 25, 2001
30,160
3,302
126
Originally posted by: Aimster
you must make a lot of money

1700/month in taxes, so thats about 40%. gross monthly ~4250.

$51k/yr

how did i do?
 

Orsorum

Lifer
Dec 26, 2001
27,631
5
81
Originally posted by: vi_edit
What is the state income tax rate in CA?

CA has a graduated personal income tax with MTRs ranging from 1% to 9.3%. In addition, just over two years ago CA voters approved an additional 1% surcharge on TI for taxpayers with TIs above $1 million.
 

Linux23

Lifer
Apr 9, 2000
11,303
671
126
HA, think that's bad. Try working in NY and living in NJ. I pay two state taxes.
 

Lonyo

Lifer
Aug 10, 2002
21,939
6
81
Originally posted by: compman25
You shouldn't enjoy that money being taking out for roads, you already pay a ton of tax for roads everytime you fill up.

A ton of tax for roads on a fill-up? The US has a rather low tax on fuel...
 

d3n

Golden Member
Mar 13, 2004
1,597
0
0
Just be happy to know that this will go to all of the illegal immigrants that are supposed to get amnesty in a few months. Just 18mo's after that they qualify for full social security benifits. Perhaps some might be left after you work the 10 years that are required from you. Win win. The illegals would have had to put 20 years into the mexican system.
 

Atheus

Diamond Member
Jun 7, 2005
7,313
2
0
Originally posted by: Lonyo
Originally posted by: compman25
You shouldn't enjoy that money being taking out for roads, you already pay a ton of tax for roads everytime you fill up.

A ton of tax for roads on a fill-up? The US has a rather low tax on fuel...

Possibly the lowest in the world - we pay way way more over here.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
Originally posted by: notfred
I just got my first paycheck at my new job.
Total deductions for federal/state/social security/etc:
$853.46

That's for *two weeks* of pay. Taxes in principle don't bother me. I enjoy having roads and police and national defense and whatnot...

But, $1700/month? That's insane. I could buy a house with that. I guess I need to find a good accountant. There's got to be some way to get some of that back at the end of the year.

Why do you think people so desparately try to find deductions? If single, don't own home and make a decent wage you are getting BENT OVER. If you make more than 130K you REALLY get bent over. You have a few choices...

Own home
Get married
Have kids
 

Engineer

Elite Member
Oct 9, 1999
39,234
701
126
Originally posted by: spidey07
Originally posted by: notfred
I just got my first paycheck at my new job.
Total deductions for federal/state/social security/etc:
$853.46

That's for *two weeks* of pay. Taxes in principle don't bother me. I enjoy having roads and police and national defense and whatnot...

But, $1700/month? That's insane. I could buy a house with that. I guess I need to find a good accountant. There's got to be some way to get some of that back at the end of the year.

Why do you think people so desparately try to find deductions? If single, don't own home and make a decent wage you are getting BENT OVER. If you make more than 130K you REALLY get bent over. You have a few choices...

Own home
Get married
Have kids

And then bend over for those too! :Q

 

Thorny

Golden Member
May 8, 2005
1,122
0
0
Originally posted by: Atheus
Originally posted by: Lonyo
Originally posted by: compman25
You shouldn't enjoy that money being taking out for roads, you already pay a ton of tax for roads everytime you fill up.

A ton of tax for roads on a fill-up? The US has a rather low tax on fuel...

Possibly the lowest in the world - we pay way way more over here.


Just because you get screwed worse doesn't mean we're not getting screwed. Our actual tax rate is over 50% in this country, depending on your income and property ownership. Not sure how that compares to yours, but our taxes here are still rediculous.
 

Aikouka

Lifer
Nov 27, 2001
30,383
912
126
I know how you feel... I pay about $300 in taxes every week off my paycheck .
 

gsethi

Diamond Member
Feb 28, 2002
3,457
5
81
Originally posted by: jadinolf
Originally posted by: sandorski
Get a better Job! Something around the minimum Wage will cure your ills.

That's what I would do.

I am Hiring Starting @ min wage + $0.25 per hour Let me know when both of you want to start....
 

sandorski

No Lifer
Oct 10, 1999
70,127
5,657
126
Originally posted by: gsethi
Originally posted by: jadinolf
Originally posted by: sandorski
Get a better Job! Something around the minimum Wage will cure your ills.

That's what I would do.

I am Hiring Starting @ min wage + $0.25 per hour Let me know when both of you want to start....

Not me, but OP sounds interested.
 

Acanthus

Lifer
Aug 28, 2001
19,915
2
76
ostif.org
Originally posted by: joshsquall
So you're making somewhere around $60k a year. Leaves you with about $3300 a month to live on. Effective tax rate of around 30-33%. Yep, you know how everyone else feels now. You've just discovered why the intelligent working class votes Republican.

The effective tax rate is 50%+ once you include sales tax, social security, state, local, property, utilities.
 

mrkun

Platinum Member
Jul 17, 2005
2,189
0
0
Originally posted by: joshsquall
You've just discovered why the intelligent working class votes Republican.

Because they keep spending money on credit without any way of paying for it?

 

Engineer

Elite Member
Oct 9, 1999
39,234
701
126
Originally posted by: mrkun
Originally posted by: joshsquall
You've just discovered why the intelligent working class votes Republican.

Because they keep spending money on credit without any way of paying for it?


They are paying for it by borrowing, just like the people they serve.
 
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