How much income tax do you pay?

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rachelbean
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Re: How much income tax do you pay?

Post by rachelbean » Tue Jun 07, 2011 9:59 pm

normal wrote:
rachelbean wrote:28% to federal, then there is state, social security, insurance, etc. which all comes out around 40%, after my retirement fund I take home about 55% of what I make.
Wow.. 55% left!

Maybe it's not so different from Norway then. I think we have lower taxes in the north as a stimulus to encourage growth of the region. But I'm not sure how much higher the taxes are in the south (if they are). Maybe Eriku or someone can shed light on that.
Well, to be fair I make pretty good money and that's after I pay for my health insurance, train pass, state taxes, as well as putting 8% of each check into retirement fund. Though I'd be shocked if I ever see a cent that I've paid into social security :lol:
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Geoff
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Re: How much income tax do you pay?

Post by Geoff » Tue Jun 07, 2011 10:01 pm

None. We do our own accounts - it's lovely what can be claimed as "expenses" when working from home... :hehe:
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Re: How much income tax do you pay?

Post by Coito ergo sum » Tue Jun 07, 2011 10:11 pm

rachelbean wrote:
normal wrote:
rachelbean wrote:28% to federal, then there is state, social security, insurance, etc. which all comes out around 40%, after my retirement fund I take home about 55% of what I make.
Wow.. 55% left!

Maybe it's not so different from Norway then. I think we have lower taxes in the north as a stimulus to encourage growth of the region. But I'm not sure how much higher the taxes are in the south (if they are). Maybe Eriku or someone can shed light on that.
Well, to be fair I make pretty good money and that's after I pay for my health insurance, train pass, state taxes, as well as putting 8% of each check into retirement fund. Though I'd be shocked if I ever see a cent that I've paid into social security :lol:
With the rumblings I've heard about some fairness legislation in the works, you may be lucky to see the fruits of your 401k retirement savings.... there have been bills floated that would allow the Fed to take those funds. After all...those who save lots of money for retirement are the fortunate rich....these proposals come in different forms, like "one time taxes" on 401k money, etc. The hard working ants will pay for the playful grasshoppers, you rest assured. http://en.wikipedia.org/wiki/The_Ant_an ... rasshopper

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rachelbean
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Re: How much income tax do you pay?

Post by rachelbean » Tue Jun 07, 2011 10:13 pm

Well, all the more reason to pull it out and invest it myself as I've been thinking of doing. I'll get taxed hard but the money my work has matched and already vested will make it not so bad.
lordpasternack wrote:Yeah - I fuckin' love oppressin' ma wimmin, like I love chowin' on ma bacon and tuggin' on ma ol' cock… ;)
Pappa wrote:God is a cunt! I wank over pictures of Jesus! I love Darwin so much I'd have sex with his bones!!!!
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Re: How much income tax do you pay?

Post by Lozzer » Tue Jun 07, 2011 11:24 pm

Coito ergo sum wrote:
Devogay wrote:0
Even if you do one day get a job, won't you have your moum fill out and pay your taxes for you? :lol:
lol yes :) ♥ mummy
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Re: How much income tax do you pay?

Post by Woodbutcher » Tue Jun 07, 2011 11:39 pm

Canadian Tax Form:
How much did you make last year?
Send it over!

22% actually.
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Re: How much income tax do you pay?

Post by Jason » Wed Jun 08, 2011 12:01 am

normal wrote:I'm curious. I pay about 32% I think.

What is it like in the US and UK? And elsewhere?
0% on 7 figures a year.

..

What? I'm not paying for your fucking welfare. :tongue:

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Re: How much income tax do you pay?

Post by MrJonno » Wed Jun 08, 2011 12:15 pm

Don't know or particuarly care, I have enough left to survive in a reasonable functioning society (for the moment until Cameron wrecks it anyway)
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