Getting taxed up the ass on your paycheck. (Full Version)

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itsmeinLV -> Getting taxed up the ass on your paycheck. (5/28/2010 5:32:46 PM)

Okay, I would first like to say I love America.  Born and bred in the US of A, I am truly grateful for being a US citizen, and part of the working class America.  That being said, I effen got taxed up the ass on my paycheck!  I live in Las Vegas, Neveda for a little over a year now, making 11 bux an hour as a barista inside a hotel and casino and got taxed 200 bux off a $900 paycheck.  [:'(]  Is that normal???  Anybody else feeling this pain?




youascend -> RE: Getting taxed up the ass on your paycheck. (5/28/2010 6:30:18 PM)

I too live in Las Vegas where we fortunately have no state income tax (I'm originally from the east coast and used to work in NYC while living in NJ so at one point I was getting hit by 3 levels of income tax) but the federal tax is ridiculous. I easily work 3-4 months out of the year just to pay income taxes. Most years I end up owing EXTRA federal income tax which I'm only able to reduce from business write offs.

The FairTax (fairtax.org) sounds reasonable but the fact that that system requires the government to send back monthly checks would be open to rampant expansion and abuse I'm sure.




itsmeinLV -> RE: Getting taxed up the ass on your paycheck. (5/28/2010 9:33:41 PM)

Oh man, I hope I don't owe anything at the end of the year.  That would just suck if that were to happen from holding this job.  :-/




pahunkboy -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 3:21:23 AM)

Welcome.   Maybe your withholdings are wrong.   File the form to adjust them if so.  




ShoreBound149 -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 5:25:39 AM)

I've got real bad news for you.  When you're my age your gonna long for the days when you took home 78% of your money.

I just checked.  Before my check is direct deposited into my account the following deductions come out:

1.  Federal Income Tax
2.  State Income Tax
3.  State Unemployment
4.  Medicare
5.  Group Term Life
6.  Long Term Disability
7.  Personal Accident Insurance
8.  Life Insurance
9.  United Way
10. 401-K - No Pension Plan.  Gotta primarily fund your own retirement.
11. Stock Plan - Try to invest to have something for life's big expenses.

That totals 51.2% of my check.

I take home 48.8%

I am not looking for sympathy, empathy or pity.  I have an American flag flying high on my property and drive an American pick up truck.  Just wanted to give you a frame of reference for your own situation.

As your income level and responsibilities incease, I suggest not reading the papers.  When you see the fraud and waste in the Government, Healthcare and Financial worlds......ya can get a bit aggravated.




pahunkboy -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 5:32:25 AM)

Well good thing you dont live in France, or UK.  Your take home would be 12%.




ShoreBound149 -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 5:35:43 AM)

And I'd talk funny...




GreedyTop -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 5:40:02 AM)

wow.  Florida rocks.. Out of 680.00 gross (per paycheck) total taxes taken are 85.35.




DarkSteven -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 5:41:55 AM)

You live in NJ.  You already talk funny.




Aileen1968 -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 5:47:31 AM)


quote:

ORIGINAL: DarkSteven

You live in NJ.  You already talk funny.


Gasp! We do not!




GreedyTop -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 5:50:04 AM)

not .. FUNNY.. just.. ODDLY.

*ducks n runs*




Aileen1968 -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:05:17 AM)

The Jersey Accent...




GreedyTop -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:08:06 AM)

that wood werk so much bettah if dere was soundbytes..




mnottertail -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:09:49 AM)

bullshit!!!!!!!   I lived in White Plains for many years, and had constant occasion to travel into NJ (blue hills and whatnot) for business across the TappanZee bridge (replete with Joisey barriers) and you fuckin freaks certainly do say Joisey.




rulemylife -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:21:01 AM)

quote:

ORIGINAL: ShoreBound149

I've got real bad news for you.  When you're my age your gonna long for the days when you took home 78% of your money.

I just checked.  Before my check is direct deposited into my account the following deductions come out:

1.  Federal Income Tax
2.  State Income Tax
3.  State Unemployment
4.  Medicare
5.  Group Term Life
6.  Long Term Disability
7.  Personal Accident Insurance
8.  Life Insurance
9.  United Way
10. 401-K - No Pension Plan.  Gotta primarily fund your own retirement.
11. Stock Plan - Try to invest to have something for life's big expenses.

That totals 51.2% of my check.

I take home 48.8%

I am not looking for sympathy, empathy or pity.  I have an American flag flying high on my property and drive an American pick up truck.  Just wanted to give you a frame of reference for your own situation.

As your income level and responsibilities incease, I suggest not reading the papers.  When you see the fraud and waste in the Government, Healthcare and Financial worlds......ya can get a bit aggravated.


More than half the items on your list are discretionary and have nothing to do with taxes.




Aileen1968 -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:25:28 AM)

Actually...those discretionary items are there so that he won't ever have to rely on the government to "take care" of him.
It's called being proactive and being responsible for oneself.
Perhaps if more people had that attitude instead of expecting the government to feed, clothe, and provide for them we wouldn't be in such a mess.

edited to add....he most certainly doesn't need me to defend his words. But this kind of made me angry to read your response.
It is really up to no one other than one's self to support themselves.




tazzygirl -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:32:35 AM)


quote:

ORIGINAL: ShoreBound149

I've got real bad news for you.  When you're my age your gonna long for the days when you took home 78% of your money.

I just checked.  Before my check is direct deposited into my account the following deductions come out:

1.  Federal Income Tax
2.  State Income Tax
3.  State Unemployment
4.  Medicare
5.  Group Term Life
6.  Long Term Disability
7.  Personal Accident Insurance
8.  Life Insurance
9.  United Way
10. 401-K - No Pension Plan.  Gotta primarily fund your own retirement.
11. Stock Plan - Try to invest to have something for life's big expenses.

That totals 51.2% of my check.

I take home 48.8%

I am not looking for sympathy, empathy or pity.  I have an American flag flying high on my property and drive an American pick up truck.  Just wanted to give you a frame of reference for your own situation.

As your income level and responsibilities incease, I suggest not reading the papers.  When you see the fraud and waste in the Government, Healthcare and Financial worlds......ya can get a bit aggravated.


5-8, no taxes. those are pre-tax deductions.
9... that is your choice.
10... unless the rules have changed, some of that is pre-tax dollars as well.
11... again, pretax dollars, unless your stock plan is run by an idiot.




tazzygirl -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:34:52 AM)


quote:

ORIGINAL: Aileen1968

Actually...those discretionary items are there so that he won't ever have to rely on the government to "take care" of him.
It's called being proactive and being responsible for oneself.
Perhaps if more people had that attitude instead of expecting the government to feed, clothe, and provide for them we wouldn't be in such a mess.

edited to add....he most certainly doesn't need me to defend his words. But this kind of made me angry to read your response.
It is really up to no one other than one's self to support themselves.


He is working towards supporting himself. But dont use that money as a reason to claim you dont bring that money home. It isnt going to the government, it isnt going to charities, its going into his pocket, either now or in the future. Its a huge difference.




rulemylife -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:36:43 AM)

quote:

ORIGINAL: mnottertail

bullshit!!!!!!!   I lived in White Plains for many years, and had constant occasion to travel into NJ (blue hills and whatnot) for business across the TappanZee bridge (replete with Joisey barriers) and you fuckin freaks certainly do say Joisey.


I lived in Missouri for a while and I started asked people why they pronounced it Missuora.

I stopped asked when I kept getting told "we don't say Missoura, we say Missoura".




ShoreBound149 -> RE: Getting taxed up the ass on your paycheck. (5/29/2010 6:45:34 AM)

Great point.

Let's do a more specific breakdown:

1-4 equal   28%  Not discretionary
10             10%  Discretionary. However, no one else is paying for my retirement.  I Have to.
6-8               1.5%  Insurance. Discretionary.  But based on my job, I'd be a dumb jerk off if I didn't.
5.                Nominal.  Mandatory
11.              10%  Discretionary. But no one but me is paying for college, wedding, My truck, etc. I Have to.
9.                 1.5% Discretionary

If I cut out charity, insurance and cut my retirement and personal savings in half.  I'd still have 38% coming out before take home.  And I'd be putting the people that depend on me at financial risk while not having enough money to pay for the big expenses in my life or my retirement.





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