64K salary

[knowledge]

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Unfortunately that isn't true at all.

It'd probably be true if you added up the time it took to read and type out all 3 of those replies about why you didn't want to expand. lol

But I do still get what you're saying.

 

[daveyflakes]

LOL this is so funny. No offense to OpenGambit, but why so serious? Cheer up mate; you're on the internets!

 

[kellen]

As a start, taxes are a sliding scale, so it's 0% of the first 18K, 21 % of the next 10K, 22% of the next 10K etc. (note all numbers made up as I don't feel like looking at the charts). Multiplying your salary by a single number from the table is not accurate.

actually it's $9k and then you pay taxes, not 18k

 

[KawasakiGal]

LOL good to know...guess I will aim for that then!

Jenn

it doesn't go higher after 129k though!

 

[strictlye]

Yes, tax brackets; I figured that's what OpenGambit may have been referring to. I just love when people say "you're so wrong, but I'm not going to tell you why you're wrong...".
:director:

Still... $10k of tax on $64k taxable income seems quite low.[/QUOTE]

You're right, it is. You should be paying about $13-$17K of tax on $64k taxable income. I just looked.........as someones pay stub.

 

[georgy]

http://www.ees-financial.com/calculators/TakeHomePayCalculator.htm

Why is this thread still alive?

 

[Graves]

so we can keep you children in the lifestyle you've become a custom to.

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