I pay city wage tax for Philly even though I live outside out of the city limits, which kind of sucks. I'm trying to get an apartment closer to work (so I don't spend ~15 hours per week commuting) and it only gets higher for residents. :\
My health care cost went up as well as my taxes. I do get a lame ass 3% in July that will offset some of it.
This is what I did to recoup a bit. This past year I had claimed 0 due to a tax situation but that is clear for 2013. Phew. Claiming 2 now and it's about even.
-----------------------------------------------------------------------------------------Misleading chart. The GDP for those countries is a fraction of the GDP for the US.
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
Your assumption is that taxes should be based on the GDP of the country.
If you look at tax rates by income, you see that the US has the second highest corporate tax rates in the world, second only to Japan:
http://en.wikipedia.org/wiki/File:Income_Taxes_By_Country.svg
US: 27% tax on a $15T GDP is $4.2T
Sweden: 49% tax on $384B is $188B
Paycheck deductions start immediately. And you forgot that it's 2013, not 2012.-----------------------------------------------------------------------------------------
The problem with the skimple contention is that its not simple as that. As the problem with US corporate tax rates is the in details, with far far far too many deductions to off set income. As huge and profitable US corporations like GE pay zero US taxes. As I recall then US tax code is 43,600 pages, and most of those pages is one corporate tax loophole after
another in a endless profusion. As we have the best tax code money can buy.
After that, I call shens on most of the poster here. Since the IRS has not even published US tax rates for tax year 2012 yet due to fiscal cliff negotiations, and the IRS will not accept any tax returns before at least 1/30/2012. So how can any of you claim you have lost a bundle on huge tax increases? After all, my wife works as a tax professional, so I can better tell who is telling the truth, and who is outrageously distorting the truth.
And with the debt ceiling debate still looming, who knows how long before tax rates 2012 will be ready to be set, finalized, and published?
just downloaded my first earnings statement of the year that has the payroll tax increase and all its pretty light. I am going to have to adjust some things because per month its a significant chunk of change.
FUCK YOU CONGRESS! You bunch of rich fucktard slimeball losers!
^ A person's response to actually paying for social security again. Oh the horrors.
It's interesting that the most regressive tax of the lot was the one that increased. Should've left it at 4.2% and removed the $113K cap.
F you and the social security. Let me opt out of it and I'd be a happy camper. I willing to bet I could make 3 times as much as what I'm getting back on it.
F you and the social security. Let me opt out of it and I'd be a happy camper. I willing to bet I could make 3 times as much as what I'm getting back on it.
Claim more exemptions. Idiots who get a big check in March think they just won the lottery...what they have done is give Uncle Sam an interest-free loan.
This. Never understood people who allow the government to hold their money interest free. My mom told me this when I was 11 and she showed me how to fill out taxes, it was the first thing she taught me actually.
What's the max you could withhold allowances ? If your single and have no dependents I don't think you can allow more than 2
I'm at 4 I believe. I come out owing about 10.00 each year.
edit: A couple years ago before I was in this job I actually claimed 10.