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question about taxes on paychecks

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Old Jul 28, 2006 | 09:34 AM
  #11  
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Originally Posted by FL05S2K,Jul 28 2006, 12:07 PM
my first job and im already losing over $400 bi-weekly with no state income tax ...it sux but everyone has to do it...
shit... my first job out of college I only made $8.65 / hour = $346 per week.... so you guys are having more than half of what I made withheld for taxes.

I do slightly better now.
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Old Jul 28, 2006 | 09:46 AM
  #12  
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All I have to say is... we're being robbed!!!!... lol.

Andre
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Old Jul 28, 2006 | 09:53 AM
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yeah but 40 years ago things were much much cheaper jk scot i have no idea how old you are...but i would hate to see my paycheck if i was still living in NY...i think i save like $500 or so a month without the state income tax...but not exactly sure how it works...
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Old Jul 28, 2006 | 09:57 AM
  #14  
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Originally Posted by FL05S2K,Jul 28 2006, 12:53 PM
yeah but 40 years ago things were much much cheaper jk scot i have no idea how old you are...
ahahaha... i graduated college in 1991.... i am just semi old...
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Old Jul 28, 2006 | 09:58 AM
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$758 bi-week for the feds.
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Old Jul 28, 2006 | 10:08 AM
  #16  
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haha not too old...crazy how much different salaries are for your generation compared to mine
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Old Jul 28, 2006 | 11:38 AM
  #17  
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Between being married with a kid and medical insurance (deducted pre-tax) I'm only paying something like $400 in taxes bi-weekly.
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Old Jul 28, 2006 | 02:58 PM
  #18  
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I hate subsidising people that have kids.
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Old Jul 28, 2006 | 09:32 PM
  #19  
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Originally Posted by Scot,Jul 28 2006, 07:07 AM


No shit!!!!! I don't mind paying my fair share, but if you actually make some $ it starts to suck!
You think it sucks now, wait until you start being unable to deduct mortgage interest or other Schedule A deductions. Or lose Roth IRAs eligibility, or have an artificial caps put on your 401(k) contributions. Been nailed by AMT yet?

<rant>It is ridiculous how many ways I get nailed by the Feds and California. I'm sick of the atttude that "rich people" get all the breaks. Hell, I get far less breaks than most taxpayers and I certainly don't feel "rich". Especially in super expensive SoCal.</rant>

Our tax code blows donkey.
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Old Jul 28, 2006 | 09:48 PM
  #20  
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yea taxes suckkkk but check this out! really interesting...
http://video.google.com/videoplay?docid=-3...eedom+to+facism
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