Taxes 33% Fed 15% SS 6% State = 54% of my money gone. - GoFuckYourself.com

Fred Quimby · 04-15-2005, 06:34 AM

I'm getting drunk tonight,,,who is with me?

MickeyG · 04-15-2005, 06:39 AM

maybe you can get a better accountant, it sounds like your paying an awful high percentage.

Chio The Pirate · 04-15-2005, 06:41 AM

YARGH! Setup a big boat offshore.

hydro · 04-15-2005, 06:42 AM

ill be sure to think of you when im paying for my dinner at red lobster with my food stamps

Fred Quimby · 04-15-2005, 06:47 AM

Quote:

Originally Posted by MickeyG

maybe you can get a better accountant, it sounds like your paying an awful high percentage.

If there is a way out of the 33% bracket,,I'd love to hear it

Cassie · 04-15-2005, 07:30 AM

and what do you have to show for it........

Basic_man · 04-15-2005, 07:32 AM

Ouch !!!! That's ALOT !

detoxed · 04-15-2005, 07:39 AM

Quote:

Originally Posted by Fred Quimby

If there is a way out of the 33% bracket,,I'd love to hear it

deductions

BRISK · 04-15-2005, 07:41 AM

Quote:

Originally Posted by Fred Quimby

If there is a way out of the 33% bracket,,I'd love to hear it

...Death.

azguy · 04-15-2005, 07:42 AM

Wow. Your CPA is definitely doing something wrong

Fred Quimby · 04-15-2005, 07:44 AM

Quote:

Originally Posted by detoxed

deductions

yup,,,but that is the whole problem,,my expenses are so low..

andrej_NDC · 04-15-2005, 07:45 AM

I paid 15% and even that sucks

Raven · 04-15-2005, 07:49 AM

Quarterlies AND year end this month. Feh.

No state tax, though. That's the only relief.

I feel your pain.

detoxed · 04-15-2005, 08:17 AM

Quote:

Originally Posted by Fred Quimby

yup,,,but that is the whole problem,,my expenses are so low..

go on vacation, buy a new computer, buy some domains that will produce long term income, lots of possible deductions out there.

Fletch XXX · 04-15-2005, 08:19 AM

wage slavery is still slavery, that is why you get less than half.

i cant believe peiople dont think this.

WAGE SLAVERY

tony286 · 04-15-2005, 08:22 AM

Quote:

Originally Posted by MickeyG

maybe you can get a better accountant, it sounds like your paying an awful high percentage.

my thoughts ,thats crazy

azguy · 04-15-2005, 08:24 AM

Quote:

Originally Posted by Fred Quimby

yup,,,but that is the whole problem,,my expenses are so low..

The whole point is to make them higher for the purpose of growing your business (more lunch meetings, picture sets, design services, domains, whatever). You're giving back free money. Not saying you should abuse it, but your expenses for business development should be higher anyway.

azguy · 04-15-2005, 08:25 AM

Quote:

Originally Posted by Fred Quimby

I'm getting drunk tonight,,,who is with me?

^^^ example: those drinks should be deducted

AdultMovies.bz · 04-15-2005, 08:46 AM

Thats nothing, Australia has the worst taxes, I pay 30% company tax, and the from the remainder I pay 48% tax as i'm on a 100k+ salary...

Sosa · 04-15-2005, 08:51 AM

get more deductions so you drop out of that 33% bracket. do you have a corp or do you pay self employment tax also?

Jakke PNG · 04-15-2005, 08:58 AM

Out of a month, you work 2½ for uncle sam, and 2 for yourself. Ain't it great!

Jakke PNG · 04-15-2005, 08:59 AM

Quote:

Originally Posted by AdultMovies.bz

Thats nothing, Australia has the worst taxes..bla bla

Move to scandinavia then. It's cheap. 27% corp taxes and up to 60% personal. + other expenses such as mandatory unemployment insurances, mandatory retirement funds etc. IT's GREAT.

DWB · 04-15-2005, 09:07 AM

Deductions man... get a lot of them, it will bring you WAY down if you think it out.

Furious_Female · 04-15-2005, 09:09 AM

ugh... taxes

write off EVERYTHING you can think of. Someone bump that tax write off thread?

Anyway, tonight will be a great night to get wasted. Cheers.

04-15-2005, 06:34 AM	#1
Fred Quimby Confirmed User Join Date: Jul 2004 Location: Long Island, NY Posts: 5,430	Taxes 33% Fed 15% SS 6% State = 54% of my money gone. I'm getting drunk tonight,,,who is with me? __________________

04-15-2005, 06:41 AM	#3
Chio The Pirate Confirmed User Join Date: Oct 2002 Location: YARGH! On me big sailboat with the skull flags * * ICQ: 39-183769 Posts: 946	YARGH! Setup a big boat offshore. __________________ Need to get a site indexed in a few days? Want thousands of targeted, quality hits to your site? Want to beta test something that will revolutionize the way companies, and individuals advertise online.? Click here to take a look at Bliggo

04-15-2005, 07:30 AM	#6
Cassie Confirmed User Join Date: Mar 2003 Location: NJ Posts: 3,139	and what do you have to show for it........ __________________ ICQ: 309756847 ]

04-15-2005, 07:32 AM	#7
Basic_man Programming King Pin Industry Role: Join Date: Oct 2003 Location: Montreal Posts: 27,360	Ouch !!!! That's ALOT ! __________________ UUGallery Builder - automated photo/video gallery plugin for Wordpress! Stop looking! Checkout Naked Hosting, online since 1999 !

04-15-2005, 07:49 AM	#13
Raven Confirmed User Industry Role: Join Date: Jul 2001 Posts: 6,874	Quarterlies AND year end this month. Feh. No state tax, though. That's the only relief. I feel your pain. __________________ Raven ~RETIRED~

04-15-2005, 06:39 AM	#2
MickeyG Confirmed User Join Date: May 2004 Location: South Florida Posts: 4,134	maybe you can get a better accountant, it sounds like your paying an awful high percentage.

04-15-2005, 06:42 AM	#4
hydro Confirmed User Join Date: Dec 2003 Location: Dirty 3rd Posts: 4,216	ill be sure to think of you when im paying for my dinner at red lobster with my food stamps

04-15-2005, 07:42 AM	#10
azguy Confirmed User Join Date: Nov 2004 Location: Scottsdale, AZ Posts: 5,167	Wow. Your CPA is definitely doing something wrong

04-15-2005, 07:45 AM	#12
andrej_NDC Registered User Industry Role: Join Date: May 2004 Posts: 7,760	I paid 15% and even that sucks

04-15-2005, 08:19 AM	#15
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	wage slavery is still slavery, that is why you get less than half. i cant believe peiople dont think this. WAGE SLAVERY __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

04-15-2005, 08:46 AM	#19
AdultMovies.bz Confirmed User Join Date: Apr 2003 Location: Your Mum's House Posts: 1,036	Thats nothing, Australia has the worst taxes, I pay 30% company tax, and the from the remainder I pay 48% tax as i'm on a 100k+ salary... __________________ $8.35 High-Usage Adult Hosting: 510GB Storage + 5010GB Bandwidth + SQL + SSL + Free Domain With Whois Privacy. Use this Coupon Code for extra 25GB Storage Space when you join: 25freegb

04-15-2005, 08:51 AM	#20
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	get more deductions so you drop out of that 33% bracket. do you have a corp or do you pay self employment tax also?

04-15-2005, 08:58 AM	#21
Jakke PNG ex-TeenGodFather Industry Role: Join Date: Nov 2001 Location: Suomi Finland Perkele Posts: 20,306	Out of a month, you work 2½ for uncle sam, and 2 for yourself. Ain't it great! __________________ ..and I'm off.

04-15-2005, 09:07 AM	#23
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	Deductions man... get a lot of them, it will bring you WAY down if you think it out.

04-15-2005, 09:09 AM	#24
Furious_Female Confirmed User Industry Role: Join Date: Oct 2002 Location: Upstate, New York Posts: 8,187	ugh... taxes write off EVERYTHING you can think of. Someone bump that tax write off thread? Anyway, tonight will be a great night to get wasted. Cheers. __________________ Skype: j3nn.com ICQ 160370494 My current favorite high-converting sponsor: CrakRevenue