Kasoivc Posted November 16, 2011 Report Share Posted November 16, 2011 So, what stirs this discussion is how much Uncle Sam (or the government of the replier) takes out of your paycheck for federal reasons. Today was pay day for me and I lost about 23$ to to taxes, on top of about $13 for social security. (I'm not quite up to date on politics nor understand politics very well but from what I understand, Social Security is going down the toilet; i.e. there will be no social security for my generation/etc to fall back on when we grow old.)I'm kind of curious since I work about 30-40 hours avg, paid bi-weekly at a crappy part time job. I know taxes are higher and lower depending on where you live but 15% is a lot of money to me, even though to someone else 15% may mean like, $5 or even $400. It may be a bit much to complain about a $40 loss but that's like losing a quarter everyday to not complain. 10 years from now, that's $1040 that has accumulated.I also have an interesting situation for when I file taxes lawl, I got about one or two paychecks while I was 17 and then the remainder were after I turned 18.Edit: To all persons' reading this, you do not have to post your figures here if you're uncomfortable with discussing your own financial situation. Link to comment Share on other sites More sharing options...
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