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RE: Getting taxed up the ass on your paycheck. - 5/29/2010 6:46:55 AM   
Aileen1968


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From: I miss Shore, New Jersey
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quote:

ORIGINAL: tazzygirl


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.


The gist of his post wasn't to complain, but to show that it's not unusual for large chunks of money to come out of a paycheck. Some we have no choice in, some we do. Please don't even try to go down the road of hinting that to be proactive in one's future by funding stocks and 401's and taking care of insurance...life, accident, etc. should be frowned on. I'm still a believer in the old fashioned American way of working hard for things in life and not expecting a handout or for anyone to take care of me.

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RE: Getting taxed up the ass on your paycheck. - 5/29/2010 6:49:17 AM   
rulemylife


Posts: 14614
Joined: 8/23/2004
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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.


Yes it is proactive, but the topic of the thread is taxes. 

None of the last six items are taxes and none are mandatory.

Whether it is wise to do those things is a different discussion, they are still discretionary.

And I have no idea why the fuck you would be angry about me pointing that out, other than you want to get on a soapbox and let everyone know that government shouldn't be taking care of people.





< Message edited by rulemylife -- 5/29/2010 6:50:19 AM >

(in reply to Aileen1968)
Profile   Post #: 22
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 6:56:13 AM   
domiguy


Posts: 12952
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Seeing aileen post makes me realize how much I miss JerseyKrissi72.

I would gladly trade away aileen and Shorebound to see her words illuminate this site once again.

Aileen and Shorebound are nothing but a sad modern day knock off of JerseyKrissi and RobertCloud. Two star crossed kids just trying to find some peace and happiness in the rough and tumble desolate landscape that is Joizee.

I remember rushing to the computer and doing a "search" to see what words of wisdom Jerbert Cloussi had posted in my absence.

Now I wake up and find out that Shorebound donates to the United Way....What a homo.

Please come back Bobby & Krissi.

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Profile   Post #: 23
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 7:09:45 AM   
rulemylife


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Joined: 8/23/2004
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quote:

ORIGINAL: ShoreBound149

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.


I understand that, but the OP was talking about taxes.  I agree it's wise to be funding those things but you are having them taken out of your paycheck because either you are getting tax advantages or cost advantages.

Each of those items can be purchased independently or funded independently without having it deducted from your check.

So, it's unfair to equate that with mandatory deductions. 

(in reply to ShoreBound149)
Profile   Post #: 24
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 7:26:29 AM   
ShoreBound149


Posts: 622
Joined: 7/2/2009
Status: offline
quote:

ORIGINAL: domiguy

Seeing aileen post makes me realize how much I miss JerseyKrissi72.

I would gladly trade away aileen and Shorebound to see her words illuminate this site once again.

Aileen and Shorebound are nothing but a sad modern day knock off of JerseyKrissi and RobertCloud. Two star crossed kids just trying to find some peace and happiness in the rough and tumble desolate landscape that is Joizee.

I remember rushing to the computer and doing a "search" to see what words of wisdom Jerbert Cloussi had posted in my absence.

Now I wake up and find out that Shorebound donates to the United Way....What a homo.

Please come back Bobby & Krissi.


I'm gonna put my flip flops on and burn some incense.

_____________________________

"People don't think it be like it is, but it do."

Oscar Gamble

(in reply to domiguy)
Profile   Post #: 25
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 7:29:02 AM   
JstAnotherSub


Posts: 6174
Status: offline
the largest deduction out of my checks is for social security and medicare taxes.  since i see no way those things will be around to help me by the time i need them, i would argue that paying into my own retirement and health insurance is, in fact, a mandatory deduction that the government has forced me to invest in, just like the ss and medicare they take every 2 weeks from me.

what a long ass sentence...hope it makes sense

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yep

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Profile   Post #: 26
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 7:34:33 AM   
ShoreBound149


Posts: 622
Joined: 7/2/2009
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quote:

ORIGINAL: itsmeinLV

Is that normal???  Anybody else feeling this pain?


Rule - These are the two questions in the OP.  My point was that his tax burden was normal and it actually gets worse as you earn more.

My point in combining the example of high taxes and voluntary (though necessary) deductions was to emphasize that anyone with any sort of responsibility that works "on the books" knows what it feels like to have much less in their hand on payday than they actually earned.

I was trying to break the little 25 year old fucker's spirit.

_____________________________

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(in reply to itsmeinLV)
Profile   Post #: 27
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 7:59:02 AM   
Arpig


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From: Increasingly further from reality
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You probably don't want to read this, but here in Canada (a socialist country wich over taxes its citizens) the tax on $900 with no dependents, etc, is only $147.71...and that pays for taxes, unemployment, SS AND health care.
Face it kiddo, you're living in the wrong country

< Message edited by Arpig -- 5/29/2010 8:23:50 AM >


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Big man! Pig Man!
Ha Ha...Charade you are!


Why do they leave out the letter b on "Garage Sale" signs?

CM's #1 All-Time Also-Ran


(in reply to itsmeinLV)
Profile   Post #: 28
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 8:11:33 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
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Except for the Queen owns Canada.  Not you.

(in reply to Arpig)
Profile   Post #: 29
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 8:24:55 AM   
Arpig


Posts: 9930
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From: Increasingly further from reality
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And I am content that it should be so....besides wasn't it you and RO who not so long ago claimed that she still owned the US as well....so its all the same.

_____________________________

Big man! Pig Man!
Ha Ha...Charade you are!


Why do they leave out the letter b on "Garage Sale" signs?

CM's #1 All-Time Also-Ran


(in reply to pahunkboy)
Profile   Post #: 30
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 8:31:11 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline
yeah- but we don't have to salute her.   we pretend we are "free"

(coughs)

(in reply to Arpig)
Profile   Post #: 31
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 9:29:14 AM   
Arpig


Posts: 9930
Joined: 1/3/2006
From: Increasingly further from reality
Status: offline
quote:

yeah- but we don't have to salute her.
Neither do we

_____________________________

Big man! Pig Man!
Ha Ha...Charade you are!


Why do they leave out the letter b on "Garage Sale" signs?

CM's #1 All-Time Also-Ran


(in reply to pahunkboy)
Profile   Post #: 32
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 9:40:48 AM   
domiguy


Posts: 12952
Joined: 5/2/2006
Status: offline

quote:

ORIGINAL: ShoreBound149

quote:

ORIGINAL: itsmeinLV

Is that normal???  Anybody else feeling this pain?


Rule - These are the two questions in the OP.  My point was that his tax burden was normal and it actually gets worse as you earn more.

My point in combining the example of high taxes and voluntary (though necessary) deductions was to emphasize that anyone with any sort of responsibility that works "on the books" knows what it feels like to have much less in their hand on payday than they actually earned.

I was trying to break the little 25 year old fucker's spirit.


Break the fuckers spirit.

It only gets better as an independent contractor that I get to chip in the entire 15.3% for Schedule SE of the IRS Form 1040.

It's 15.3%. However, you are allowed to deduct half of the self-employment tax, so the effective rate becomes closer to 13%.

Yippeeee!

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Profile   Post #: 33
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 9:45:19 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
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Domi- you really need to stop these highjacks.


THINK- re-read the thread.   it is about fisting.

(in reply to domiguy)
Profile   Post #: 34
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 9:46:44 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
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break his spirit?  that is funny.

Why not put him on a chain gang?

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Profile   Post #: 35
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 9:56:54 AM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: Arpig

You probably don't want to read this, but here in Canada (a socialist country wich over taxes its citizens) the tax on $900 with no dependents, etc, is only $147.71...and that pays for taxes, unemployment, SS AND health care.
Face it kiddo, you're living in the wrong country


I'm sure you are quite wrong.

Pahunk already told us that tax on $900 is $792 in the UK and France. 

You other socialists can't be much different.

(in reply to Arpig)
Profile   Post #: 36
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 10:10:21 AM   
DedicatedDom40


Posts: 350
Joined: 9/22/2005
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Get used to paying for your parent's share of the American Dream.

My folks were born in the late 1930s, saw the advantages of working a stable, well paying job without spending big bucks on college in a country that made things, they were benefited by things like a brand new interstate highway system, and most got a post-war starter house on the VA Bill (govt dime) that was sold at the height of the RE bubble, just in time to move into that golf retirement place.  When they started a family, their kids were born in hospital that wasn't listed on some stock exchange and in a hospital that didn't have parasitic obligations to shareholders, in a medical system that was staffed by compassion rather than greed. When they got ahold of the political system in their 40's and got tax cuts under Regan and Bush, they simply were ducking out on the bill that came with their American Dream. Adding insult to injury, they applied "scorched earth" tactics in the 1990's to offshore their kid's job base to get "big business" to give them a small pop in their retirement 401K. All the while borrowing 10 trillion on the public credit card which began in earnest in 1981, when I still wasn't old enough to vote.

Get used to it. You have been sold out by your parent's generation. The "greatest generation" to ever pull a con job. The ONLY generation in the long line of historical generations to not think of the next generation. The same generation that watches Bill O'Reilly every nite on the teevee and shakes their head at the stories about a total lack of responsibility in anyone under age 70.

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Profile   Post #: 37
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 10:32:12 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
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Oh BULL SHIT!


Be glad you arent a communist.    I have a great admiration of the greatest generation.   Can you say Hitler? 

(in reply to DedicatedDom40)
Profile   Post #: 38
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 11:10:40 AM   
DedicatedDom40


Posts: 350
Joined: 9/22/2005
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Whats the difference?  We have an economic form of Hitler today.

(in reply to pahunkboy)
Profile   Post #: 39
RE: Getting taxed up the ass on your paycheck. - 5/29/2010 12:39:07 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline
Agreed.   But it is not too late to fix it. 

(in reply to DedicatedDom40)
Profile   Post #: 40
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