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Topic: i paid wayyyy too much
catwoman96 Joined Thu 08/14/08 Posts: 5848	Sun 12/28/08 03:45 AM
money in taxes last year. i mean seriously. 20,000 in taxes from one individual. and i dont even own anything. thats just not even right

michiganman3 Joined Mon 10/29/07 Posts: 14521	Sun 12/28/08 05:15 AM
On how much income?

catwoman96 Joined Thu 08/14/08 Posts: 5848	Sun 12/28/08 05:17 AM
less than 70,000 gross

Sassy10 Joined Wed 07/09/08 Posts: 329	Sun 12/28/08 05:22 AM
Count your lucky stars...If you were in the UK, you'd be paying 30,000!

Krimsa Joined Fri 04/25/08 Posts: 9960	Sun 12/28/08 05:23 AM
money in taxes last year. i mean seriously. 20,000 in taxes from one individual. and i dont even own anything. thats just not even right That would be the repercussions of the Republican platform.

michiganman3 Joined Mon 10/29/07 Posts: 14521	Sun 12/28/08 05:27 AM
Start by contributing to a pre-tax retirement account.

catwoman96 Joined Thu 08/14/08 Posts: 5848	Sun 12/28/08 05:31 AM
ummm I dont want to even know the percentage of that is to my wages. ive been at work all night...but im thinking that.. its around 25% of my wages. slightly more than that actually.

catwoman96 Joined Thu 08/14/08 Posts: 5848	Sun 12/28/08 05:32 AM
i claim head of household and one child this year...I will get four grand back. probably. and i live paycheck to paycheck...no money to contribute to any fund.

catwoman96 Joined Thu 08/14/08 Posts: 5848	Sun 12/28/08 05:33 AM
i claim 0 exemptions throughout the year.

Sassy10 Joined Wed 07/09/08 Posts: 329	Sun 12/28/08 05:34 AM
Including "National Insurance", a form of secondary Income Tax, you'd be paying 45% in the UK....Thats why I'm moving over there!!!!

catwoman96 Joined Thu 08/14/08 Posts: 5848	Sun 12/28/08 05:36 AM
u want to pay MORE taxes??? for some screw me insurance coverage?? omg. wow.

Sassy10 Joined Wed 07/09/08 Posts: 329	Sun 12/28/08 05:38 AM
No...Im moving to the US..."National Insurance" is a compulsory tax here 25% sounds great!!!

catwoman96 Joined Thu 08/14/08 Posts: 5848	Sun 12/28/08 05:39 AM
i jsut dont understand.

Sassy10 Joined Wed 07/09/08 Posts: 329	Sun 12/28/08 05:41 AM
Sorry, I'm a Brit...Can't write English!!! LOL

catwoman96 Joined Thu 08/14/08 Posts: 5848	Sun 12/28/08 05:43 AM
No...Im moving to the US..."National Insurance" is a compulsory tax here 25% sounds great!!! ooooo okay gotcha...still aprox 25%...doesnt sound good to me...but i suppose...i will see my glass half full now. thank you. could be worse....the could take half of my wages to do whatever they do with them. i wont totally complain. i worked alot more last year....and i think i screwed myself when i did. idk

michiganman3 Joined Mon 10/29/07 Posts: 14521	Sun 12/28/08 05:46 AM
The more you make, the more they take. I have %3 pretax taken out automatically. After a short period of time, you don't even notice it. I pay out %30 percent in child support, plus half a house payment to the ex. Thats after taxes. Plus I still have my own rent and expenses, I still contribute.

Moondark Joined Tue 11/27/07 Posts: 5866	Sun 12/28/08 05:53 AM
The average taken out in taxes and insurance and stuff is up to about 30% for people making a lot less than 70,000. Never trust the government when it says a tax is going to be 'temporary'.....

controller Joined Fri 10/10/08 Posts: 3	Sun 12/28/08 06:22 AM
money in taxes last year. i mean seriously. 20,000 in taxes from one individual. and i dont even own anything. thats just not even right ...and then you die.

Sassy10 Joined Wed 07/09/08 Posts: 329	Sun 12/28/08 06:24 AM
...The only two certainties in life

BrandonJItaliano Joined Tue 01/15/08 Posts: 1022	Sun 12/28/08 06:40 AM
Withholding payment of taxes is one of the quickest methods of overthrowing a government---Mahatma Gandhi