Misty
Gold Member
- Aug 11, 2009
- 7,137
- 1,959
- 245
Just a vent story to put things in perspective.
Recently my very generous client gave me a 5000 dollar Xmas bonus
Out of that 5000 I had to pay 1000 in income tax.
3000 of it, I'm using to pay my property tax.
That leaves me with 1000 bucks.
Government gets 4000. I get 1000.
And when I use that 1000 to buy gas or clothing, it will be taxed again.
The government gets almost all my bonus.
Recently my very generous client gave me a 5000 dollar Xmas bonus
Out of that 5000 I had to pay 1000 in income tax.
3000 of it, I'm using to pay my property tax.
That leaves me with 1000 bucks.
Government gets 4000. I get 1000.
And when I use that 1000 to buy gas or clothing, it will be taxed again.
The government gets almost all my bonus.