2006-08-04 10:05:03 · 9 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment
Social security gets 15 cents. Tax man gets 15-31 cents depending on annualized income. Each exemption (1) cuts this by 1-3 cents. So a person earning 20K with 8 kids pays no taxes.
2006-08-04 10:10:09 · answer #1 · answered by sethsdadiam 5 · 1⤊ 0⤋
Roughly 22%
2006-08-04 17:08:30 · answer #2 · answered by Stuart 7 · 0⤊ 0⤋
Not sure what I claimed, but taxes took 1 out of every 5 days of pay. 4/5 days were actually going into my pocket
2006-08-04 17:09:55 · answer #3 · answered by Kevin M 3 · 0⤊ 0⤋
depends what state you work in and how much you make. Federal income tax is 15% on the first 50,000 of taxable income; and 28% on the amount above that. If you make more than $200,000, then I think it goes up to 30%, but only on the amout above the $200k.
2006-08-04 17:10:36 · answer #4 · answered by nuclear_science 3 · 0⤊ 0⤋
.10 cents but it depends on what taxes are you talking about...just federal witholdings would be about 10%, but FICA and SS would add to that total....plus depending on which state you live in that total could go up more. But just federal withholding is about 10%
2006-08-04 17:08:33 · answer #5 · answered by johngrobmyer 5 · 0⤊ 0⤋
when you get paid some of the taxes you pay are, 1.45% HI,6.2 %OASDI. That's just for starters.Any way it goes they take way to much. To get more money on tax day save your receipts from your gas and itemize when you file.
2006-08-04 17:11:06 · answer #6 · answered by speedyvw2001 1 · 0⤊ 0⤋
it's around 30%, maybe a little less... at least that's what is reflected on my paychecks
2006-08-04 17:09:08 · answer #7 · answered by Ellen N 4 · 0⤊ 0⤋
about 77 cents - divide net pay by gross pay
2006-08-04 17:10:39 · answer #8 · answered by whatever_3645 2 · 0⤊ 0⤋
If it's in my overtime, that would 47.9%.
2006-08-04 17:10:19 · answer #9 · answered by tracklock 2 · 0⤊ 0⤋