Started By
Message

re: So I think I'm becoming that proverbial conservative with a brain

Posted on 11/1/17 at 12:40 pm to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94573 posts
Posted on 11/1/17 at 12:40 pm to
quote:

I get my paycheck today. I grossed a really nice number. However, between federal income tax, Social Security, Medicare, state tax, and 401(k) (7% with a 3% match), I only take home 60% of what I grossed.


Welcome to the ranks, baw.

quote:

I'm not there yet


Sure you are. You're just in denial about it. Had the same thing happen with Jake years ago. Just relax. What you're experiencing is normal. Try to control your breathing.

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463912 posts
Posted on 11/1/17 at 12:40 pm to
i don't frick around with the IRS and I save 1/3 of all revenue to make sure I can pay every year
Posted by Lakeboy7
New Orleans
Member since Jul 2011
27933 posts
Posted on 11/1/17 at 12:43 pm to
quote:

you do it gleefully...like a cuck



Taxes are a business expense, when you treat them that way you dont get angry, and irrational, and emotional, and sandy vaged.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94573 posts
Posted on 11/1/17 at 12:44 pm to
quote:

Is a $10,000 bonus or less still considered not income therefore you don't have to claim it?


Any pay for services rendered is taxable as ordinary income.
Posted by League Champs
Bayou Self
Member since Oct 2012
10340 posts
Posted on 11/1/17 at 12:55 pm to
quote:

I've worked my dick off

quote:

I only take home 60%

Just keep saying that to yourself as you brush your teeth in the mirror

The only people that support a system likes ours are those that don't work, or don't work their dicks off when they do make money (actors, singers, reporters, Bill Gates, etc)
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 11/1/17 at 1:00 pm to
quote:

I only take home 60% of what I grossed.


My sympathy meter isn't registering because, well, the urge to say "I told you so" is too great.

But hey. I'm gonna pile on.

Don't you go doing something like saving too much of that money and thinking you're going to use it to help ensure your family is taken care of after you're gone. The libs are gonna want a cut of THAT too!!!

And, I should point out that you should be happy with only 60% because virtually every liberal alive NOT in your tax bracket...........thinks you should pay more.
Posted by cajunangelle
Member since Oct 2012
161708 posts
Posted on 11/1/17 at 1:22 pm to
quote:

If you can't identify the problems like this without it personally affecting you, then you are still an idiot.

FYI, you will really get it once you realize that they are coming for more and are blaming you for not paying enough.
best advice in the thread.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
35371 posts
Posted on 11/1/17 at 1:25 pm to
I W2 them and I'm the only one who can sign the paycheck...plus the wife has her own job aside from this.
Posted by Taxing Authority
Houston
Member since Feb 2010
62433 posts
Posted on 11/1/17 at 1:26 pm to
quote:

I only take home 60% of what I grossed.
you should try owing a business.
Posted by League Champs
Bayou Self
Member since Oct 2012
10340 posts
Posted on 11/1/17 at 1:26 pm to
quote:

Taxes are a business expense,

Really?

REALLY?

GD no wonder your brain is so warped. A business EXPENSE is something a business passes on to the consumer.

Who does the middle class family get to pass those taxes on to? Their damn kids you mental midget. They get to cut 40% off their kids well being or inheritance

Now STFU
Posted by Dale Murphy
God's Country
Member since Feb 2005
24882 posts
Posted on 11/1/17 at 1:29 pm to
Hmmm, somebody is trying to move down my list.
Posted by Taxing Authority
Houston
Member since Feb 2010
62433 posts
Posted on 11/1/17 at 1:31 pm to
quote:

Taxes are a business expense
No.
Posted by RobbBobb
Member since Feb 2007
33031 posts
Posted on 11/1/17 at 1:34 pm to
Oh, I just have to laugh
Posted by CptRusty
Basket of Deplorables
Member since Aug 2011
11740 posts
Posted on 11/1/17 at 1:39 pm to
Now keep in mind two things:

1 - They want more
2- They consider what you're paying not nearly enough, and any suggestion to the contrary means you are greedy and wish for poor/old people to die in the streets of starvation and disease.

Welcome to the fiscally conservative right.
This post was edited on 11/1/17 at 1:40 pm
Posted by CptRusty
Basket of Deplorables
Member since Aug 2011
11740 posts
Posted on 11/1/17 at 1:41 pm to
quote:

Taxes are a business expense


Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56103 posts
Posted on 11/1/17 at 1:43 pm to
quote:

Any pay for services rendered is taxable as ordinary income.


Yeah, come to find out the wife received a "gift" that we didn't have to report.
Posted by alphaandomega
Tuscaloosa-Here to Serve
Member since Aug 2012
16562 posts
Posted on 11/1/17 at 1:43 pm to
quote:

I bet if more people didn't have money automatically withheld and had to physically fork their hard earned money over to the government, it would be the number 1 issue for most voters and douche bags like paul ryan wouldn't be able to go out in public without getting the shite kicked out of them.


I changed the fonts and DPI my payroll software program uses to show that data on each of my employees paycheck. It shows at 10DPI and in red now.

When I first did it I had several of my employees ask why they were being cut so much more. I replied that their rates had not changed I just wanted to point out how much of their paycheck was taken from them before they ever see it.

They were quite upset.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 11/1/17 at 1:43 pm to
quote:

2- They consider what you're paying not nearly enough, and any suggestion to the contrary means you are greedy and wish for poor/old people to die in the streets of starvation and disease.

Yep

The very fact the OP even brought this subject up shows he's a privileged POS who doesn't give a frick about people.
Posted by boosiebadazz
Member since Feb 2008
84167 posts
Posted on 11/1/17 at 1:44 pm to
quote:

The very fact the OP even brought this subject up shows he's a privileged POS who doesn't give a frick about people.


That escalated quickly
Posted by alphaandomega
Tuscaloosa-Here to Serve
Member since Aug 2012
16562 posts
Posted on 11/1/17 at 1:45 pm to
DP

This post was edited on 11/1/17 at 1:53 pm
first pageprev pagePage 4 of 5Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram