Tax refunds

Four Suns said:
wonder what he's doing with his refund? I bet he's buying a bigger boat!
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You think? I was thinkin maybe a new prop or two or skeg or get all the scratchs buffed out :grin:

cr0ck1 does hardword/laminate floors maybe I'll give him my check and have him do my floors.
 
rondds said:
FICA is 6.2% for each (employee and employer), making a total of 12.4%. i havent heard of an increase in this percentage.
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yes sorry.. my mistake.. altho it is 7.65%.. my point was the majority of employees I have ever had have simply no idea that it is matched.
 
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that's a good point and you are probably correct. not sure if i would have know if i didnt do my own payroll! :smt101
 
Guys what you are doing to cr0ck1 is considered bashing and not acceptable...please say your sorry!!! :smt021:smt021:smt021:smt021
 
Larry&Leisa said:
yes sorry.. my mistake.. altho it is 7.65%.. my point was the majority of employees I have ever had have simply no idea that it is matched.
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I can understand that some people may not know this cause they've never seen things from the employers side or been self employed. What disappoints me is how many people can look at their check stub and have no idea what any of it means. Take the guys who think excess withholding has been stolen and used by the gov. When in reality via their W-4 they have instructed their employer to give Uncle Sam a interest free loan.
 
I DON'T PAY SOCIAL SECURITY TAX!!!!!!!!:smt038:smt038:smt038:smt038:smt038:smt038:smt038:smt038:smt038 I actually pay into a pension that is atleast at the moment still solvent.. Not that I'm not planning on my own as well but man I love the fact that I don't throw my money into the SS-Sinkhole
 
First Born said:
Guys what you are doing to cr0ck1 is considered bashing and not acceptable...please say your sorry!!! :smt021:smt021:smt021:smt021
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I'm not sorry but cr0ck1 knows I'm just having fun with him.
 
dpvandy01 said:
I DON'T PAY SOCIAL SECURITY TAX!!!!!!!!:smt038:smt038:smt038:smt038:smt038:smt038:smt038:smt038:smt038 I actually pay into a pension that is atleast at the moment still solvent.. Not that I'm not planning on my own as well but man I love the fact that I don't throw my money into the SS-Sinkhole
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How do you not pay SS Tax?
 
For all of you that got a check - you're welcome.

ps - if I got one, I would have used it to go out and buy a few bottles of Pappy Van Winkle's Family Reserve, 23 yr old, if you can find it.
 
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ylwjacket said:
For all of you that got a check - you're welcome.
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I'm getting some of it, and I can assure you that it is NOT coming out of your pocket. I'm still paying a boatload out of mine, even after the couple of tanks of gas I'm getting back...

Thanking myself for working hard, and thanking Uncle Sam for being a little less greedy this year, but not you.

But I am sure that you are a nice person anyway...:grin:
 
rondds said:
Government pension?
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Government employee.

There are three retirement systems
  • One for politicians, because they deserve the best of everything for their selfless devotion to the public's needs
  • Another one for goverment employees, because without them, especially the civil service parasites, how would anything ever get done.
  • Social security for everyone else too busy supporting the aforementioned by working and paying taxes to get on the gravy train.
 
I worked for NASA for 14 years and I didn't pay any Social Security either... They *had* (key word is had) something called Civil Service Retirement System (CSRS) and you paid into that instead of Social Security so it wasn't like you were getting off free. That system was discontinued back in the late 80's I believe but it was grandfathered for people that had already been there a certain amount of time. All new employees were put on Social Security as well as a 401(k) type of plan after that.

CSRS was a great deal if you worked for the government all your life. If you couldn't take it, like me, and left, you got screwed in that they would cut you a check for what you contributed sans interest or any earnings and send you on your merry way with no retirement or ability to collect or convert to social security. For my 14 years of service I got like 3 months of pay... and now I'll have to work until I'm 97 to make ends meet because I won't have that big fat SS check like the rest of you losers.

And Frank... if it wasn't for my work in adaptive grid embedding for the flux-split Euler equations, you would not be the happy person you are. ;-)
 
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Ahhh, a Government job. I actually work for a living so I guess I don't qualify. I'm finding that I don't qualify for a lot of things lately. As far a SS, well all I can say is I hope my parents are enjoying it.
 
skibum said:
I'm getting some of it, and I can assure you that it is NOT coming out of your pocket. I'm still paying a boatload out of mine, even after the couple of tanks of gas I'm getting back...

Thanking myself for working hard, and thanking Uncle Sam for being a little less greedy this year, but not you.

But I am sure that you are a nice person anyway...:grin:
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Not to bicker, but if you get some, and I get none, then there is a greater opportunity for some of it to come from me, than all of it from you.

Paying a boatload is relative, I'm sure.
 
Not to quibble: But the government was seriously in debt BEFORE these checks went out. I didn't pay for it. ylwjacked didn't pay for it. NOBODY paid for it . . they just printed the money.
It was free.

Except for that inevitable consequence of printing gobs of money . . . . inflation.

How much is bread these days? Or gasoline?
 
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Printing Gobs of money is called borrowing. Others buy that debt and collect interest. taxpayers pay that interest and debt. It's not free.
 
I was checking my bank balance on-line this morning and what do I see but a stimulus check. Our accountant told us we made too much this year to get one. Guess Uncle Sam thinks differently.

Anyhoo, I am looking at it in my account and I am like, what now? I chatted with the Mrs saying "we need to buy something so we can stimulate the economy" Her reply "what shall we buy?" my reply "dunno, we do not need anything". She replied we can use it for boat gas money...Yeah, but we already have that money set aside.

So this "gov't payment" just feels odd to me. My folks are living off social security so I may just give it to them.
 
fc3 said:
Government employee.

There are three retirement systems
  • One for politicians, because they deserve the best of everything for their selfless devotion to the public's needs
  • Another one for goverment employees, because without them, especially the civil service parasites, how would anything ever get done.
  • Social security for everyone else too busy supporting the aforementioned by working and paying taxes to get on the gravy train.
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So you think dpvandy01 is a government employee and he is a parasite?
 
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