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Old 11-20-2005, 02:37 PM
Rick Nebiolo Rick Nebiolo is offline
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Join Date: Sep 2002
Location: Los Angeles
Posts: 1,179
Default Re: Taxes make me angry...

[ QUOTE ]
I paid 50% in taxes last week and I only earn 55k/year. Go NYC.

[/ QUOTE ]

Curious.

Is 50% your marginal tax rate (including state and local taxes) or did you in fact pay $27,500 on taxes?

To be fair you can include both sides of your social security taxes but you need to add the employer match to your income.

Not sure how you would calculate sales taxes.

~ Rick
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