>$5200 paycheck
>pay $1800 in taxes
Wtf is the point of making more money when you just end up losing half of your paycheck in taxes? This is some bullshit.
>$5200 paycheck
>pay $1800 in taxes
Wtf is the point of making more money when you just end up losing half of your paycheck in taxes? This is some bullshit.
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Nigger, reduce your tax burden. Also, that's only 33%.
Contribute to your 401k (significantly). Also, contribute (significantly) to any other top-line income reducing tools you'll use (FSA / Dependent child care account) and finally put some money into an ESPP if they have one.
I make about 130 a year and do the following (simple math for you)
130 - salary
18k - 401k
5k - dependent care
2k - health flex spending
Taxable income basis 105k
That sort of shit adds up come tax-time as I basically "saved" 9k in taxes by reducing my topline income.
You should - of course - be doing the same.
Move out of commiefornia.
Come tax time you'll get a lot back, no? Also looks like your first check there, congrats dude. Big increase from last job?
Someones gotta subsidize the mouth breathing retards of the world. What's that? We shouldn't be incentivizing laziness and stupidity? Shut up, goy. You know that most of those in poverty are there because of white oppression, right?
>Federal withholding $947
Increase your allowances on your w-4, baka
Wonder when are Americans going to stop going around the corruption and just take it head on.
Wait, you're bringing home 125k a year and you're worried about taxes?
You realize people live very well off half that, right?
will look into it, thanks.
yes, about time, im about neck deep in student loans.
I can't. I'm single and have no dependents. I can't increase my allowances any more.
Oops, disregard this, I see you're in California.