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Taxes Take Chunk of Bartender's Hefty Tip
http://articles.news.aol.com/ ^
| 9 7 06
| associated press
Posted on 09/08/2006 12:38:51 PM PDT by freepatriot32
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To: freepatriot32
She'd be able to keep all of that $10,000 under the FairTax. This is just another illustration of why we need HR/SR25 to be passed and the 16th amendment abolished.
To: TimesDomain
They probably annualized the amount for tax purposes...stupid payroll companies. I had a bonus check once that was withheld at a higher bracket because it was higher than my normal check. Annualized, it was as if I was making $half a mill.
22
posted on
09/08/2006 12:52:10 PM PDT
by
King Moonracer
(Bad lighting and cheap fabric, thats how you sell clothing.)
To: Cecily
Jenjis John and TeRAYza Heinz-Kerry pay an effective rate of about 12% on their income And I say again, sometimes the government really REALLY pisses me off.
23
posted on
09/08/2006 12:53:36 PM PDT
by
Just another Joe
(Warning: FReeping can be addictive and helpful to your mental health)
To: Just another Joe
And the government takes 37% off the topNot to mention it was already taxed when it was income to Mr. Big Tipper. The feds dipped into that same 10k twice. And when the bartender buys her new jeep she can pay tax yet again. What a ponzi scheme.
24
posted on
09/08/2006 12:57:58 PM PDT
by
PistolPaknMama
(Al-Queda can recruit on college campuses but the US military can't! --FReeper airborne)
To: Just another Joe
"And the government takes 37% off the top. Sometimes the government really REALLY pisses me off." Did she switch party registration yet?
25
posted on
09/08/2006 1:00:17 PM PDT
by
tom h
To: King Moonracer
little reported factoid - they steal from the poor military also --- but you will never hear about it. A full 20-25% right off the top of any re-enlistment bonus.
And then the damned congress taxes "moving" as taxable income since the military usually does the moving.
26
posted on
09/08/2006 1:00:28 PM PDT
by
TimesDomain
(When a judge declares himself "MASTER", you become his "SLAVE")
To: americanbychoice2
The customere should have given this to her as a gift. In that case the $ 10 000 would have been free of taxes to both.I hate government...
$10,000 tip - taxed.
$10,000 gift - No tax.
$10,000 gift, she goes home with him. - Crime!
27
posted on
09/08/2006 1:02:06 PM PDT
by
Onelifetogive
(* Sarcasm tag ALWAYS required. For some Freepers, sarcasm can NEVER be obvious enough.)
To: Just another Joe
Remember that in the middle ages people gave the King about 15% of what they produced or earned and they were called Serfs. We now give the Goverment [local, state,and federal] between 35% and 45%of what we earn, what does that make us? I would rather be a serf than a slave!
28
posted on
09/08/2006 1:02:28 PM PDT
by
ABN 505
To: TimesDomain
Hmm... she might still qualify for Earned Income Tax Credit. Get some of that back.
29
posted on
09/08/2006 1:06:46 PM PDT
by
Gordongekko909
(I know. Let's cut his WHOLE BODY off.)
To: Old Professer
The IRS
DNC just likes to make sure you know whose money it really is before they give you back any of it. Fixed it.
Although the RNC hasn't been much better of yet.
New IRS 1040-2007
1. How much did you make last year (wages, tips, interest, dividends).
2. Send it in.
Shalom.
30
posted on
09/08/2006 1:09:43 PM PDT
by
ArGee
(The Ring must not be allowed to fall into Hillary's hands!)
To: Gordongekko909
At the rate things are headed, she'll probably have to pay the AMT.
31
posted on
09/08/2006 1:10:34 PM PDT
by
dfwgator
To: Abram; albertp; AlexandriaDuke; Allosaurs_r_us; Americanwolf; Americanwolfsbrother; Annie03; ...
Libertarian ping.To be added or removed from my ping list freepmail me or post a message here
32
posted on
09/08/2006 1:11:13 PM PDT
by
freepatriot32
(Holding you head high & voting Libertarian is better then holding your nose and voting republican)
To: Just another Joe
"And the government takes 37% off the top.
Sometimes the government really REALLY pisses me off."
The lower 50% of workers pay only 2% of Federal Income Taxes. If she is in this bracket, depending on her circumstances, she'll probably get most, if not all, of the $3,700.00 back.
To: Just another Joe
Well, at least the 37% went for the common good.< /sarcasm >
34
posted on
09/08/2006 1:24:46 PM PDT
by
N. Theknow
((Kennedys - Can't drive, can't fly, can't ski, can't skipper a boat - But they know what's best.))
To: areafiftyone
I wouldn't have told anybody.
35
posted on
09/08/2006 1:27:48 PM PDT
by
brwnsuga
To: areafiftyone
and beats the heck out of...
"hey...plant your corn early!"
36
posted on
09/08/2006 1:54:08 PM PDT
by
woollyone
(Preacher; "If there was more love in the world, there'd probably be a lot less dyin'")
To: PistolPaknMama
Not to mention it was already taxed when it was income to Mr. Big Tipper. The feds dipped into that same 10k twice. And when the bartender buys her new jeep she can pay tax yet again. What a ponzi scheme.If we make congress pass THE FAIR TAX HR/SR 25 then all she'd have to worry about is the 23% tax she'd pay when she buys the jeep! check out fairtax.org
Everyone on this forum should be supporting this, well everyone who disagrees with the Fed Govt. stealing a percentage of income before the earner even gets the first penny.
To: Prokopton
she'll probably get most, if not all, of the $3,700.00 back
----
better not to loose it in the begininning...
38
posted on
09/08/2006 2:10:58 PM PDT
by
traviskicks
(http://www.neoperspectives.com/Amnesty_From_Government.htm)
To: Just another Joe
Sometimes the government really REALLY pisses me off.People pay all sorts of taxes and they don't realize it. Look at a car rental, hotel, airline receipt.
39
posted on
09/08/2006 2:38:14 PM PDT
by
Cobra64
(All we get are lame ideas from Republicans and lame criticism from dems about those lame ideas.)
To: TimesDomain
Still, for the feds to steal $3,700 from an honest working waitress amounts to highway robbery. Huh? So you're implying that it is okay for the government to steal from others who are not honest, working, waitresses not waiting tables on a highway?
40
posted on
09/08/2006 2:41:24 PM PDT
by
Cobra64
(All we get are lame ideas from Republicans and lame criticism from dems about those lame ideas.)
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