First Paycheck

[lafanguy (#1 T.ChangFan)]

Well, after playing football in high school for 4 years, and going away for college for the first quarter, i never really had time for a job (nor the desire for one). i just recently got one the week before memorial day and i just got my first paycheck last night. it was awesome to see the first number, which was around $519. i was really excited...but then as i started to read it more carefully, i realized that taxes are a b*tch.....:doh: and i was closing last night so i was a bit slow after a long night's work haha
haha i ended up with over $300 bucks, can't remember off the top of my head. but oh well...along with my tip money, its a lot of money haha. just thought i'd share

 

[Zo]

Nice, Chicken Lettuce Wraps on you!!!:dance:

 

[sliqwill]

meh, ive been unemployed for 17 months and 2 days now..i dont care...not really looking for work either...

my family was giving me crap about not getting a job this summer, but everyday someone has needed me to do something since i moved in with my mom...:ban:

 

[Brad]

You'll get all the money (minus social security and medicare) back. Just consider it an interest free loan to the government

 

[deputyjaay]

yea taxes rape! congrats on the job

 

[rexvos]

:fab:

 

[GiantFan]

Taxes get worse the more you make. Sucks.

 

[lisu]

Taxes get worse the more you make. Sucks.

Yah, I'm paying like 37.3% for regular paychecks and 42.6% for bonus checks.

IT SUCKS.

 

[northcutt_fan]

What's your job ?op:

 

[onyxdragon5977]

Yah, I'm paying like 37.3% for regular paychecks and 42.6% for bonus checks.

IT SUCKS.

Mine is about 21% for regular and 49% for bonuses. They suck butt. But, my tax return last year was over $10k. :cheers:

 

[scotsman]

Welldone, but like others I lose 40% to tax, more to National Insurance, then the pension, then personal liability insurance - eventually after a page I believe there is somoe money left for the wife:cheers:

 

[lumm0x]

My taxes are closer to 50% but in Canada we get free healthcare, etc, etc. It all balances out.

Congrats on the first pay cheque....now go buy some cards.

 

[detox]

I have to pay 40% in taxes for everything. I dont get bonuses.

The IRS owes me big time. PIST

I need more write offs:doh:

 

[lafanguy (#1 T.ChangFan)]

haha thanks everyone for the awesome posts! yeah, taxes suck...but eh, its all for the better i guess haha.

My taxes are closer to 50% but in Canada we get free healthcare, etc, etc. It all balances out.

Congrats on the first pay cheque....now go buy some cards.

thanks yeah i actually just paid for that finest auto'ed printing plate of Chang after i deposited the money and filled up my gas tank
im probably almost done with card buying until my next paycheck.

 

[scrappy]

yeah I haven't been able to figure out why Uncle Sam gets paid before I do since I did all the work. the more you make the more he takes.

I'm still waiting on IRS to tell me what I get back on the EIC, not that they are in any hurry to pay me since they got my hopes up