# How much do you get taxed?

**URL:** <https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641>\
**Category:** NYSpeed Off Topic\
**Created:** [June 22, 2006, 8:19am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641 "2006-06-22T08:19:07Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [June 22, 2006, 9:48am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/21 "2006-06-22T09:48:08Z")

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Good advice…

Time \> \* when it comes to your 401K and company match FTW.

My 401K did dip quite a bit a few years ago but time has brought it back.

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [June 22, 2006, 9:52am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/22 "2006-06-22T09:52:39Z")

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gross pay this week was 892 even

I brought home 598.24 ☹ ☹

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [June 22, 2006, 9:53am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/23 "2006-06-22T09:53:56Z")

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> [@AWDrifter](#):
>
> So you make more than $319,000 per year.  
> Nice income.

Not if state is included. 28% + 6% state + 7% SS would put him that high at only 70 and change

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [June 22, 2006, 9:55am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/24 "2006-06-22T09:55:31Z")

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I didn’t know SS was a tax, I thought it was just the government holding your money until you retire.😛

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**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\
**Post date:** [June 22, 2006, 9:57am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/25 "2006-06-22T09:57:56Z")

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I didn’t read the rest of the posts, but that’s really low, I lose a much bigger percentage, but the check isn’t exactly the same size 😛

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**Author:** ![Xander](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/xander/32/7597_2.png) [@Xander](https://forums.speedlife.net/u/Xander)\
**Post date:** [June 22, 2006, 10:27am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/26 "2006-06-22T10:27:38Z")

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Like others have said, when you start paying for Bennys, 401K, and all that stuff, be lucky if you take home half of that, and then of THAT money you can spend another half on Property taxes and insurances. Basically when you “grow up” the government and others have their hand on about 75% of your money, before you can really spend it.

X…

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [June 22, 2006, 10:30am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/27 "2006-06-22T10:30:16Z")

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> [@AWDrifter](#):
>
> I didn’t know SS was a tax, I thought it was just the government holding your money until you retire.😛

Depends on how old he is, I’m 21 so for me it’s definitely a tax :biglaugh:

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [June 22, 2006, 10:40am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/28 "2006-06-22T10:40:43Z")

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> [@AWDrifter](#):
>
> I didn’t know SS was a tax, I thought it was just the government holding your money until you retire.😛

lol for most of us, it’s the govt. holding our $$$ until you retire 😛

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**Author:** ![Zong](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zong/32/7580_2.png) [@Zong](https://forums.speedlife.net/u/Zong)\
**Post date:** [June 22, 2006, 10:50am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/29 "2006-06-22T10:50:50Z")

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lol

burn?

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [June 22, 2006, 11:29am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/30 "2006-06-22T11:29:18Z")

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Come on I’m not THAT old!  
I probably won’t see any of it either.

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [June 22, 2006, 11:42am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/31 "2006-06-22T11:42:51Z")

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lol just messin with ya 😃

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**Author:** ![RedDawg](https://avatars.discourse-cdn.com/v4/letter/r/dfb087/32.png) [@RedDawg](https://forums.speedlife.net/u/RedDawg)\
**Post date:** [June 22, 2006, 11:56am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/32 "2006-06-22T11:56:40Z")

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the only benefit i have to pay for is some extra Aflac accident insurance i picked up, covers me for almost anything stupid that i might do and hurt myself. My company pays 100% of normal medical. But just looked at today’s check, i have to pay FICA, FED, PA State, PA UC??, LwrGwy(township), BC/BS (?), and OPT(?)

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**Author:** ![Daddie](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/daddie/32/7621_2.png) [@Daddie](https://forums.speedlife.net/u/Daddie)\
**Post date:** [June 22, 2006, 12:03pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/33 "2006-06-22T12:03:37Z")

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How are those ankles doing?

They red from all that grabbing you are doing?

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [June 22, 2006, 12:04pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/34 "2006-06-22T12:04:48Z")

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i lose ~29% to taxes  
I spend ~11% on bene’s (sweet ins. for two, 401, deferrals, etc)

-edit-  
Going by Joes numbers, I lose ~32% to taxes (Im not near my stubs, sorry)

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**Author:** ![Daddie](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/daddie/32/7621_2.png) [@Daddie](https://forums.speedlife.net/u/Daddie)\
**Post date:** [June 22, 2006, 12:06pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/35 "2006-06-22T12:06:20Z")

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I’m glad i don’t have to spend money on my insurance 😃

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**Author:** ![Daddie](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/daddie/32/7621_2.png) [@Daddie](https://forums.speedlife.net/u/Daddie)\
**Post date:** [June 22, 2006, 12:07pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/36 "2006-06-22T12:07:05Z")

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Although what does suck is that I prob make like 40% of my salary via a bonus, which is instantly fucked for 40%, but keeps me in a diff tax bracket…

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [June 22, 2006, 12:08pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/37 "2006-06-22T12:08:38Z")

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> [@Daddie](#):
>
> I’m glad i don’t have to spend money on my insurance 😃

The shitty part about mine: I pay ~55/mo for everything (IH Custom, eye, dental, script, etc).  
I (have been) paying ~130/mo for the girlfriend (added on as a “live-in domestic partner”)

Buuuuuut, now that she’s the wife, that should fall in line for a few bucks less :whoopdydoo:

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**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\
**Post date:** [June 22, 2006, 12:08pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/38 "2006-06-22T12:08:50Z")

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> [@Daddie](#):
>
> Although what does suck is that I prob make like 40% of my salary via a bonus, which is instantly fucked for 40%, but keeps me in a diff tax bracket…

yeah gotta love getting those bonus checks…it’s like nice and painful at the same time.

Holla @ my company…full benefits (eye, dental, blah blah blah)…0 cost to employee

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<div class="post-metadata">

**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [June 22, 2006, 12:09pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/39 "2006-06-22T12:09:31Z")

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> [@Daddie](#):
>
> Although what does suck is that I prob make like 40% of my salary via a bonus, which is instantly fucked for 40%, but keeps me in a diff tax bracket…

Yah… same here. ☹

Last year bonus / invcentive accounted for ~33%

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**Author:** ![JaysGreenLX](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jaysgreenlx/32/7321_2.png) [@JaysGreenLX](https://forums.speedlife.net/u/JaysGreenLX)\
**Post date:** [June 22, 2006, 12:11pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/40 "2006-06-22T12:11:43Z")

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> [@AWDrifter](#):
>
> So you make more than $319,000 per year.  
> Nice income.

Or if his salary is commissions it is taxed at a much higher rate. When I was in sales I was paid base and commissions. My base was taxed at 25% or something like that and my commissions were taxed at 40% or so. Basically the same tax rate used for bonuses.

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