I'm up to 220 hours. It's hard to get more than a day or two at a time here. I did take a whole week off twice in the last year. That was pretty good.

 

keep digging niner

 

My "deductions" ie. 401K, life insurance, dental, medical, etc. only went up 8%. Combined taxes went up 15%, time to see which one fucked me over.

 

 

just gave blood at work so i get to get off early. my job offers 4 hours off on days we give blood for recuperation, ha haaaa. i'm outta here.

 

We don't get **** but juice and cookies. ******.

 

It's Federal income tax, which makes sense not that I think about it. We used our current income vs. taxes withheld to calculate our tax rate. Medicare, Social security, and state income tax is a flat rate. The federal income tax is a tiered system so the last dollar you make is taxed more than the first dollar you make.
I do too. Went to Tim McGraw last Thursday.

 

I'm goign to tell them that you could pass out at the wheel and that they should keep you in the office until then.

 

Federal income tax went up 20%, or twice what my raise was. I wonder if this means I will get a fat refund now?

 

damn, u guys are haters

i'm on my bike, by the way. and we get juice and donuts from krispy kreme

PEACE!!!!!!!!

 

Haha

 

Are you being an *** or did you completely miss the point of the shirt? Also, country music blows unless it's old Hank Williams Jr. or Johnny Cash. Not that I really consider most of Johnny Cash's stuff country.

 

$35 missing
minus
$14 in 401K
=$21
Federal taxes were $28.09 more than I had anticipated, so that works out close enough.

 

I got the point of the shirt, I just didn't want to come out and directly translate it for folks who didn't get it.

 

So then we did move into higher tax bracket. Sneaky govt trick

 

My brain burner for tonight:
Should I change my federal witholdings?
My pay increases, and my tax liability increases by the yearly pay increase minus the additional 401K contributions times 0.25

My tax writeoffs stay the same: mortgage, property taxes, vehicle registrations, charitable donations, student loan interest,etc. etc.

So I will have to pay all of the taxes on that increase, so actually if they taxed the raise 20% instead of 10% and i will owe 25% on it, I should go from having 3 deductions to 2 deductions.

 

I have 0 deductions. It's my vacation savings plan.

 

Not really, same tax bracket but it is a tricky jew accountant trick.

We pay 10% on the first 8025 we earn
15% on the money we earn between 8025-32,550
25% on the money we earn over 32,550

So when we calculated our after tax raises, we just took the percentage of pre-tax to post tax dollars and calculated it that way, but the 10 and 15% skewed us into thinking we were going to get taxed less than we are. Since every dollar of our raise was in the 25% tax braket.

 

Earn some sweet interest on that account, eh?

 

I always used 0.76 as a multiplier to see what a raise would get me. It works great for a one time bonus, but I need to adjust my raise conversion factor to 0.60