# % of pay you pay in taxes?! :/ **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [January 27, 2010, 9:36am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664 "2010-01-27T09:36:49Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [January 27, 2010, 9:36am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/1 "2010-01-27T09:36:49Z")
Well just getting my W2 in I’ve seen how much I pay in taxes ugh, almost makes me sick. Needless to say, for fun take your total paid taxes / gross to get your %. For Federal, social, medicare I’m paying 20.65% of my pay. Including property taxes I’m at 24.85%. So if you add in the fact that you have to pay say 6.5% sales tax here in Houston, my total amount given to uncle sam hits 31.35% That means roughly 110 days per year I’m working for uncle sam. I ended up being about even on my taxes this year too, so at least I’ll get the 8K first time home owner’s money. ☹ Fugh. :beer2: Edit: At what point would you draw the line and move either out of state or to another country? I’m going to say 50% for me. ---
**Author:** ![Willybeen](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/willybeen/32/7351_2.png) [@Willybeen](https://forums.speedlife.net/u/Willybeen)\ **Post date:** [January 27, 2010, 9:38am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/2 "2010-01-27T09:38:41Z")
i dont want to feel sad about this… so im going to not participate. ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [January 27, 2010, 9:46am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/3 "2010-01-27T09:46:42Z")
+1, pass ---
**Author:** ![95dime](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/95dime/32/7514_2.png) [@95dime](https://forums.speedlife.net/u/95dime)\ **Post date:** [January 27, 2010, 9:56am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/4 "2010-01-27T09:56:36Z")
+2 pass. i get over 25% taken out of every check i get. hell i got a christmas bonus for 1k, after taxes i recieved 542 bucks. ugh. ---
**Author:** ![d3x](https://avatars.discourse-cdn.com/v4/letter/d/8491ac/32.png) [@d3x](https://forums.speedlife.net/u/d3x)\ **Post date:** [January 27, 2010, 9:57am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/5 "2010-01-27T09:57:49Z")
with income, property and sales taxes I’m at about 42%…but if I figure in the tax return it is more like 36%. 131 days for uncle sam…ouch. I’m glad I can help out the breeders. :rolljerk: ---
**Author:** ![TurboTSi](https://avatars.discourse-cdn.com/v4/letter/t/22d042/32.png) [@TurboTSi](https://forums.speedlife.net/u/TurboTSi)\ **Post date:** [January 27, 2010, 10:05am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/6 "2010-01-27T10:05:23Z")
I paid more in taxes this year than my fiance made working… and she makes decent money ☹ EDIT: and about 29% with income taxes and property taxes. I would be a hell of a lot more if it weren’t for the write offs on the rental properties. ---
**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:** [January 27, 2010, 10:10am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/7 "2010-01-27T10:10:06Z")
When my wife asks about “our” tax return I tell her, “Let’s see you paid $298 in taxes last year so out of the $10,000 return you get about $1 back”. lol ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [January 27, 2010, 10:42am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/8 "2010-01-27T10:42:44Z")
$10k return? You’re doing it wrong. ---
**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:** [January 27, 2010, 10:50am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/9 "2010-01-27T10:50:10Z")
^I have mentioned before with building a house and having a kid things got out of wack. lol It won’t be quite that large this year or next. ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [January 27, 2010, 11:47am UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/10 "2010-01-27T11:47:17Z")
> [@Blue Eyed Devil](#): > > ^I have mentioned before with building a house and having a kid things got out of wack. lol > It won’t be quite that large this year or next. Factoring in your 10K back what % of your income goes right to uncle sam? :deadhorse2: I also paid more in taxes then my wife earned. ☹ I paid about 6K in social security, which is for my retirement correct? So does that mean I’ll recoup all that money +investing+ when I retire? Yah right. ---
**Author:** ![jay\_g](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jay_g/32/111288_2.png) [@jay\_g](https://forums.speedlife.net/u/jay_g)\ **Post date:** [January 27, 2010, 12:01pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/11 "2010-01-27T12:01:29Z")
you guys must be making some crazy loot or you wife/girls don’t make much. Edit: I take home about 70% of my check, 20ish% goes for taxes rest is health insurance and 401k ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [January 27, 2010, 1:03pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/12 "2010-01-27T13:03:27Z")
> [@ultradriver10000"](#): > > Edit: > At what point would you draw the line and move either out of state or to another country? you think you pay a high percentage in America? take a look around the world and you’ll find you’re getting a great value here still (for now) ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [January 27, 2010, 1:04pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/13 "2010-01-27T13:04:17Z")
73% of my paycheck goes to me. ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [January 27, 2010, 1:13pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/14 "2010-01-27T13:13:58Z")
… before you pay sales tax on everything you buy… ---
**Author:** ![jt76](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jt76/32/5100_2.png) [@jt76](https://forums.speedlife.net/u/jt76)\ **Post date:** [January 27, 2010, 1:17pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/15 "2010-01-27T13:17:08Z")
What, no state income tax in Texas? :gotme: ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [January 27, 2010, 1:23pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/16 "2010-01-27T13:23:23Z")
> [@theblue](#): > > you think you pay a high percentage in America? take a look around the world and you’ll find you’re getting a great value here still (for now) I know it wouldn’t be a better deal, but man some of the guys I work with in Europe get some KILLER vaca time. Plus the job atmosphere seems a lot more chill. > [@jt76](#): > > What, no state income tax in Texas? :gotme: Nope 0% ---
**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\ **Post date:** [January 27, 2010, 1:45pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/17 "2010-01-27T13:45:34Z")
about 30% ---
**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\ **Post date:** [January 27, 2010, 1:56pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/18 "2010-01-27T13:56:48Z")
Your forgetting about the SS tax that your employer has to match. OH and funny story. The federal gov. supposedly “invests” your SS money in treasury notes. But how can one pay themselves interest on their own investment? In short, SS is a ponzi scheme. You will never get your money back. ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [January 27, 2010, 2:13pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/19 "2010-01-27T14:13:45Z")
> [@Penfold](#): > > Your forgetting about the SS tax that your employer has to match. > > OH and funny story. The federal gov. supposedly “invests” your SS money in treasury notes. But how can one pay themselves interest on their own investment? > > In short, SS is a ponzi scheme. You will never get your money back. FML ---
**Author:** ![clinzee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/clinzee/32/5233_2.png) [@clinzee](https://forums.speedlife.net/u/clinzee)\ **Post date:** [January 27, 2010, 2:29pm UTC](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664/20 "2010-01-27T14:29:40Z")
You guys are doing it wrong, the key is to live below the poverty line. I paid about 10% not including sales tax. [Next page](https://forums.speedlife.net/t/of-pay-you-pay-in-taxes/78664.md?page=2)