Poll of the Day > man i only got 65% of my gross pay this year

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Jen0125
12/20/17 12:25:50 PM
#1:


such a fuckin bummer
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wolfy42
12/20/17 12:37:35 PM
#2:


Due to taxes and student loans?

Thats not that uncommon. Depending on your tax bracket and the amount of student loans it could easily be less.

Technically though you only need to pay 10% of your gross pay max towards student loans (income based repayment plan) but then you will probably never pay them off.

If you are paying more than that though, it's easily to actually hit 50% of gross pay even!
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Jen0125
12/20/17 12:41:07 PM
#3:


wolfy42 posted...
Due to taxes and student loans?


student loans? no? they don't take student loans directly from my paycheck lmao

it's due to taxes and benefits.

i'm not saying it's uncommon i'm just saying it's a bummer to look at.

wolfy42 posted...
Technically though you only need to pay 10% of your gross pay max towards student loans (income based repayment plan) but then you will probably never pay them off.


are you talking about federal loans? they def used to take more than 10% of my paycheck. but i consolidated all my loans into one loan with a fixed interest rate and that'll be paid off in 10 years.

i pay 18% of my net pay towards my student loan every year.
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Doctor Foxx
12/20/17 12:41:22 PM
#4:


I got like 75% at least

Darn these Canadian taxes
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Jen0125
12/20/17 12:42:33 PM
#5:


Doctor Foxx posted...
I got like 75% at least

Darn these Canadian taxes


man at least you guys get some positive benefit out of your taxes. sigh.
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Doctor Foxx
12/20/17 12:44:54 PM
#6:


Jen0125 posted...
Doctor Foxx posted...
I got like 75% at least

Darn these Canadian taxes


man at least you guys get some positive benefit out of your taxes. sigh.

Yeah and I pay 65 a month for extra coverage health insurance that I don't really make use of

You fine folks need to get in on that single payer
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Jen0125
12/20/17 12:49:01 PM
#7:


Doctor Foxx posted...
You fine folks need to get in on that single payer


hey i voted for bernie sanders. i understand the need.
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faramir77
12/20/17 1:22:46 PM
#8:


I only get about 55%. Before tax deductions at my job are extreme. But we have one hell of a dental plan and pension.
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Jen0125
12/20/17 1:24:03 PM
#9:


faramir77 posted...
I only get about 55%. Before tax deductions at my job are extreme. But we have one hell of a dental plan and pension.


we get a pension too but we don't contribute out of our paycheck towards it. i think it's funded by our stocks. like they take money from there and put it in a separate account that is insured by the government.
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