Big Chief201 Posted December 16, 2009 Report Share Posted December 16, 2009 When you get your Xmas bonus and the government takes 45% of it right away. FML................ Quote Link to comment Share on other sites More sharing options...
gixxie750 Posted December 16, 2009 Report Share Posted December 16, 2009 Bonus should be tax free. They got me too. Quote Link to comment Share on other sites More sharing options...
max power Posted December 16, 2009 Report Share Posted December 16, 2009 That sucks, but at least you get a Christmas bonus. Quote Link to comment Share on other sites More sharing options...
RFM Posted December 16, 2009 Report Share Posted December 16, 2009 I hate when the position you have gets eliminated but they don't care enough to fire you, set numbers so bonuses aren't feasible, make inventories a chore to access. Straight forward job that puts you in the 45% tax bracket plus bonuses? I'll take that fuck. Quote Link to comment Share on other sites More sharing options...
Goldie Posted December 16, 2009 Report Share Posted December 16, 2009 Yeah, not to sound like an asshole, but be thankful for any bonus. My friend got his SECOND pay cut in a week. Quote Link to comment Share on other sites More sharing options...
ironbuttwannabe Posted December 16, 2009 Report Share Posted December 16, 2009 Taxes.....It's that time of year again?......ahhhh Quote Link to comment Share on other sites More sharing options...
Bad324 Posted December 16, 2009 Report Share Posted December 16, 2009 That sucks, but at least you get a Christmas bonus.I'm with this guy Quote Link to comment Share on other sites More sharing options...
Big Chief201 Posted December 16, 2009 Author Report Share Posted December 16, 2009 Its great I get a bonus, the thing I'm bitching about it that the Government took 45% of it and did nothing to deserve that. Its kind of my companies fault I adjust my taxes throughout the year to adjust for the bonus being only taxed as a paycheck and they actually taxed it as a bonus this year. Quote Link to comment Share on other sites More sharing options...
flounder Posted December 16, 2009 Report Share Posted December 16, 2009 Bonus should be tax free. They got me too.What country do you live in. Bonus's are always taxed and at a higher rate as well. Quote Link to comment Share on other sites More sharing options...
Cypress Posted December 16, 2009 Report Share Posted December 16, 2009 Unless it's under-the-table, any money from your employer is supposed to be taxed. It's the legal way of doing things, and I'm sure your employer doesn't want Uncle Sam breathing down their necks. Quote Link to comment Share on other sites More sharing options...
jagr Posted December 16, 2009 Report Share Posted December 16, 2009 What country do you live in. Bonus's are always taxed and at a higher rate as well.Yep to that. I haven't got anything but reimbursements tax free. Quote Link to comment Share on other sites More sharing options...
gixxie750 Posted December 16, 2009 Report Share Posted December 16, 2009 yea lifes not fair yada yada yada. Dam churches lol Quote Link to comment Share on other sites More sharing options...
Sara_Rides Posted December 16, 2009 Report Share Posted December 16, 2009 I'd be bitching right along with you...that amount of taxes is ridiculous. I'm sure you're still greatful you recieved a bonus...you're just bitching because it's crazy, sure it's legal but it doesn't make it any easier to swallow.I hate it when your car gets repossessed and two days later you loose your job....F MY Life....it's always smart to be greatful for the things you have in your life...because someone else's life is ALWAYS worse. Congrats on the bonus!! Quote Link to comment Share on other sites More sharing options...
Big Chief201 Posted December 16, 2009 Author Report Share Posted December 16, 2009 All's I'm saying is down with the man........ I don't see the point in taxing the crap out of my bonus and then giving 1/2 of it back in less then 45 days. Quote Link to comment Share on other sites More sharing options...
Likwid Posted December 16, 2009 Report Share Posted December 16, 2009 I can't wait to get our W-2s so I can do the taxes Quote Link to comment Share on other sites More sharing options...
Big Chief201 Posted December 16, 2009 Author Report Share Posted December 16, 2009 see that's the thing I hate giving the government more money then I have to i could use all that money that builds up by putting it in an interest baring account or invest it in something. Quote Link to comment Share on other sites More sharing options...
gixxie750 Posted December 16, 2009 Report Share Posted December 16, 2009 see that's the thing I hate giving the government more money then I have to i could use all that money that builds up by putting it in an interest baring account or invest it in something.Thats what they do with it. Why cant we tax them or at least get 19%APR on the money they"borrow" from us. Quote Link to comment Share on other sites More sharing options...
Bad324 Posted December 16, 2009 Report Share Posted December 16, 2009 I can't wait to get our W-2s so I can do the taxes me too, only because the bike will probably get all of the money from my return Quote Link to comment Share on other sites More sharing options...
gsxrnurse Posted December 16, 2009 Report Share Posted December 16, 2009 Congrats on your bonus. If it makes you feel better all OSU gave me was a $20 Giant Eagle gift card. Quote Link to comment Share on other sites More sharing options...
Disclaimer Posted December 16, 2009 Report Share Posted December 16, 2009 I got $10 from Giant Eagle - and I don't even get groceries there. Quote Link to comment Share on other sites More sharing options...
NightRider Posted December 16, 2009 Report Share Posted December 16, 2009 I got $10 from Giant Eagle - and I don't even get groceries there.Can you buy beer on a gift card? If so...i don't think there's any other option...except do that. Quote Link to comment Share on other sites More sharing options...
MidgetTodd Posted December 16, 2009 Report Share Posted December 16, 2009 Like its already been said , be thankfull to get a bounus at all . My pay has been cut almost in half now and bounus completely eliminated. Quote Link to comment Share on other sites More sharing options...
SWing'R Posted December 16, 2009 Report Share Posted December 16, 2009 That sucks, but at least you get a Christmas bonus.Bonus? Yeah for real, nowadays be grateful you have a job at all.The salary staff of our business didn't get any raises this year and no one's getting one going into 2010. Quote Link to comment Share on other sites More sharing options...
speedytriple Posted December 17, 2009 Report Share Posted December 17, 2009 Or they could do what my plant did cut my wages by almost 1/3 to give us a bonus?! Nothing like loosing a 1/3 of your wages to pay for my health care and the other half to taxes. BUT I am grateful i have my shitty job, even if it fing sucks. Quote Link to comment Share on other sites More sharing options...
psyco1 Posted December 17, 2009 Report Share Posted December 17, 2009 No profit sharing for us this year, we had a couple of people that had wrecks so the insurance went up. Quote Link to comment Share on other sites More sharing options...
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