this guy:Kinetic II wrote:Blenderhead, who are you fucking talking about?
http://eplaya.burningman.org/profile.ph ... ile&u=2671
Maybe we're just subjects he's going to study for his next book. Lydia will get a whole fucking chapter. Or two.
Fuck!
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Blenderhead
- Posts: 219
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- Location: San Francisco
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Kinetic II
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aforceforgood
- Posts: 330
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Kinetic II
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precipitate
- Posts: 746
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- Location: Somewhere near an ocean and a desert and a mountain
>As far as a bonus getting taxed at 50%. This simply is not the case.
While I'm not an accountant and know fuck-all about taxes, the last time I
got a bonus I was making ~$40K and the bonus was $1000, after taxes
about $600. You're telling me 1/40 of my pay put me in a bigger tax
bracket? Sounds fishy to me.
While I'm not an accountant and know fuck-all about taxes, the last time I
got a bonus I was making ~$40K and the bonus was $1000, after taxes
about $600. You're telling me 1/40 of my pay put me in a bigger tax
bracket? Sounds fishy to me.
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Rob the Wop
- Posts: 1814
- Joined: Mon Sep 01, 2003 4:06 pm
- Location: Furbackistan, OR
- Contact:
Not sure the tax brackets in CA, but when I was looking at getting laid off in the beginning of the year- I took the time to find out what my severance check was going to be. I found out that bonuses and severance (along with a host of other incomes) are considered "supplemental income". The federal rate for supplemental is 25%. With state tax it was going to be 40% for Oregon.
From precipitate's post, it looks like the 40% might be the norm for CA too. Ask HR what the rates for supplemental tax is in your local state. To be forwarned is to be forfucked. Or something like that.
A couple is sitting in a restuarant having a couple of beers and reminiscing about the college years. They get into beer drinking games, and one called quarters in particular. In this game, you bounce a quarter off a table into someone else's beer- and you have to drink the beer. The girl makes it into the cup and her boyfriend pounds down the beer. The quarter manages to drop into his mouth and he starts to choke on it.
"Oh my God!" she screams, "Someone help him!"
A man sitting near them casually looks up, puts down his paper, and walks over. He sticks one hand out- palm up, in front of the choking man. With his other hand, he reaches down and violenty grabs the choking man's testicles.
The quarter pops out of the choking man and land perfectly into the middle of the outstreched palm.
"Oh thank you sir, thank you! Are you a doctor?" she asks.
"No ma'am," the man replies, pocketing the quarter, "IRS."
From precipitate's post, it looks like the 40% might be the norm for CA too. Ask HR what the rates for supplemental tax is in your local state. To be forwarned is to be forfucked. Or something like that.
A couple is sitting in a restuarant having a couple of beers and reminiscing about the college years. They get into beer drinking games, and one called quarters in particular. In this game, you bounce a quarter off a table into someone else's beer- and you have to drink the beer. The girl makes it into the cup and her boyfriend pounds down the beer. The quarter manages to drop into his mouth and he starts to choke on it.
"Oh my God!" she screams, "Someone help him!"
A man sitting near them casually looks up, puts down his paper, and walks over. He sticks one hand out- palm up, in front of the choking man. With his other hand, he reaches down and violenty grabs the choking man's testicles.
The quarter pops out of the choking man and land perfectly into the middle of the outstreched palm.
"Oh thank you sir, thank you! Are you a doctor?" she asks.
"No ma'am," the man replies, pocketing the quarter, "IRS."
[b]The other, other white meat.[/b]
the supplemental thing is news to me but...
if your were making 40K you were pulling roughly 1500 per 2 week pay period. Adding 1K to that, or 66%, would certainly crank up your withholding. It makes some accounting sofware think you are suddenly making 66K per anum.
This concept of a fixed 'supplemental' rate is really rich. It totally fucks lower income folks. Imagine my boss's boss' boss' boss getting taxed only 25% for his annual multi-million dollar bonus and compensation package. Whoooeee!
if your were making 40K you were pulling roughly 1500 per 2 week pay period. Adding 1K to that, or 66%, would certainly crank up your withholding. It makes some accounting sofware think you are suddenly making 66K per anum.
This concept of a fixed 'supplemental' rate is really rich. It totally fucks lower income folks. Imagine my boss's boss' boss' boss getting taxed only 25% for his annual multi-million dollar bonus and compensation package. Whoooeee!
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Kinetic II
That fucking $40K is what's making me think twice about moving to the Bay Area. If I lose it and have to regroup that's one thing. But to walk away from it...that's not as easy. Yeah, it's only 40K, but 40K recovering from my accident in a very forgiving, yet extremely chaotic environment is kinda nice.
Having had a job that paid bonuses and also having been laid off, that kind of income is taxed at the federal rate of 28%, additionally, they take out Social Security and Medicare taxes.. It may be even more in states with an income tax. You may end up getting some of it back if you get a refund in the spring..
I need a fucking beer..
I need a fucking beer..
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precipitate
- Posts: 746
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- Location: Somewhere near an ocean and a desert and a mountain
> if your were making 40K you were pulling roughly 1500 per 2 week pay
> period.
It was a 1 week pay period, and everyone's bonus was taxed at
something averaging to 46% - I'm not sure why I was around 41% but
my coworker was at 49%. There's no way we were all getting the same
bonus amount proportionally, because the bonus amounts were fixed,
whereas salaries were not. We all got $1000, but most of us didn't make
$40K, and we all paid 40-something% in taxes on the bonus.
I do know that, for tax purposes, bonuses are not salary. Dunno what the
rules are, but I do know they go into a different box somewhere.
But I get what you're saying about (badly designed) software getting
confused, thanks for the explanation.
> period.
It was a 1 week pay period, and everyone's bonus was taxed at
something averaging to 46% - I'm not sure why I was around 41% but
my coworker was at 49%. There's no way we were all getting the same
bonus amount proportionally, because the bonus amounts were fixed,
whereas salaries were not. We all got $1000, but most of us didn't make
$40K, and we all paid 40-something% in taxes on the bonus.
I do know that, for tax purposes, bonuses are not salary. Dunno what the
rules are, but I do know they go into a different box somewhere.
But I get what you're saying about (badly designed) software getting
confused, thanks for the explanation.
IMO the single dirtiest wartime expedient ever forced upon American taxpayers was federal income tax witholding.
How likely would a taxpayer revolt be if we had to write checks for nearly half of our income and send it to the IRS instead of the way it's done now, where by Federal mandate your employer isn't allowed to let you touch your pay before the government confiscates their "share"?
How likely would a taxpayer revolt be if we had to write checks for nearly half of our income and send it to the IRS instead of the way it's done now, where by Federal mandate your employer isn't allowed to let you touch your pay before the government confiscates their "share"?
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Lydia Love
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Blenderhead
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Lydia Love
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- Location: Seattle
No fucking way! Not fucking offended - just amused at the idea of being someone's... fucking case study or something.No insult or offense intended, Lydia. Maybe I should've used a fucking emoticon. Fuck emoticons!
Don't communicate like this crazy fucking lady!
I would much rather have to ask what someone means than be leered at by those little yellow fuckers any day of the week.
It's all about the squirrels.
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warrior queen
- Posts: 28
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- Location: San Francisco
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I fucking hate work and I don't want to fucking be here. I need fucking help. I don't want to fucking go camping in freezing fucking weather. And to make things even worse I have to make a decision, should I go to the funeral or should I keep my appointment with the therapist. What a fucking fucked up situation. I didn't fucking dress up enough for a funeral. Fucking fuck fuck fuck....
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Rob the Wop
- Posts: 1814
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- Location: Furbackistan, OR
- Contact:
I fucking hate being sick. I have NEVER in my fucking life called in sick 4 days in a fucking row. Last fucking week I had to (and blow off a weekend) and now I'm fucking paying for it. And I'm still coughing up nasty tasting fucking bullshit that makes my appetite become fucked. I'm a FUCKING WOP. I NEED TO BE ABLE TO TASTE THE MUNCHIES I FUCKING COOK!! WHY CAN'T THE CORNFREED, NO SPICE MUTHER FUCKERS HAVE THIS COLD INSTEAD OF MY ASS!!! AHHHHHHHRRRRRGGGGGGG!!!!!
[b]The other, other white meat.[/b]
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JezebelinHell
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Lydia Love
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Lydia Love
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Don Muerto
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Yes, but is it the source of Real Ultimate Power?Lydia Love wrote:Breakfast of champions *and* the gift that keeps on giving all rolled into one.
Everyone is entitled to be stupid, but some abuse the privilege.
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Lydia Love
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- Location: Seattle
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robbidobbs
- Posts: 2825
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- Burning Since: 1999
- Camp Name: Pottie Central
- Location: LOS of the Pottie doors
I've been fucking sick too
I've been fucking sicker than a dawg THREE SEPARATE TIMES since I got off playa. FUCK! My voice is all fucked up, and I work the fucking phones. And I fucking had to do a fucking voice over bit that fucking sounded awful. I have a fucking interview friday, and my voice is still fucked up. I fucking HATE having to carry on a conversation and then cough up goop. What a fucking erection breaker! Fortunately, my S.O. is two fucking days ahead of me in his illness, so I get a fucking clear understanding of how fucked up it all is from the outside But we're both getting better, and fucking fucking like fucking crazed minks!
It's good to be a goddess.
It's good to be a goddess.
I'll be in my blanket fort until further notice.
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Don Muerto
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Don Muerto
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Good thing it wasn't habanero dip, or you might have to commit fucking seppuku with a Frisbee.
Alice turned me on to that website a few weeks ago. It's one of the funniest fucking things ever! Gotta get some of that cool merch.
Alice turned me on to that website a few weeks ago. It's one of the funniest fucking things ever! Gotta get some of that cool merch.
Last edited by Flux on Thu Oct 30, 2003 10:41 am, edited 1 time in total.
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Lydia Love
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- Location: Seattle
Re: I've been fucking sick too
I like your approach. "Feed a cold, starve a fever... Or was it starve a cold, feed a fever? Aw, to hell with it, let's fuck!"robbidobbs wrote:But we're both getting better, and fucking fucking like fucking crazed minks!