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Message
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Posted on 7/24/20 at 1:27 pm to brewhan davey
quote:
It's gut wrenching when you get your first paycheck and see exactly how much the government takes from your hard-earned work.
I remember calling my dad to ask him if it was right, he got a good laugh out of it. I did not
Posted on 7/24/20 at 1:42 pm to brewhan davey
quote:
It's gut wrenching when you get your first paycheck and see exactly how much the government takes from your hard-earned work.
Wait, it's a lot more than 40%. There's state taxes, then FICA, Suda, Fuda BS. You pay 15% including the company match. And make no mistake that is a tax on YOU. Most of Chiasson's income is spared FICA, but he's probably still paying about 45%, depending on his state of earnings.
And once he gets $55 out of every $100 he's paid, he still has to pay sales tax on everything he buys and property tax on his home(s).
That's why I cheat!
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