1/3 of my paycheck goes to tax!

[pale_pilsen]

Im dissapointed they deduct so much in my paycheck every 2 weeks. I dont even make that much since I have less than a year experience. Then when I think about those patients that come to the hospital treating me like their own personal servant and on govt insurance. I get irritated. Why? The taxes they deduct on my hard earned paycheck contributes to this patient's hospital stay and in return, this patient treats me like his personal servant. So im paying him so he can treat me like his personal servant. Does anyone feels this way? Not all pt are like this, but theres a couple every shift.

[mcleanl]

And you would be a liability on my unit so perhaps you are in the wrong business.

Ummm........I don't work on your unit and I am not really sure why I would be a liability if I did...so how does that make me in the wrong business?

[N.U.R.S.E.]

I feel ur pain if u have no children and no spouse the more u work it seems counterproductive. Esp if it puts u in a higher tax bracket

[mcleanl]

i feel ur pain if u have no children and no spouse the more u work it seems counterproductive. esp if it puts u in a higher tax bracket

income tax myth #2: your tax bracket is the tax rate you pay

if you're in the 25% tax bracket, you're entire income is not subject to 25% tax--that's just the highest rate that's applied to your top range of income.

a "tax bracket" is a range of income that's taxed at a certain rate. each bracket gets assigned a progressively higher rate, which means that the first dollars you earn are taxed the least and the last dollars you earn are taxed the most. there are six tax brackets for 2010: 10%, 15%, 25%, 28%, 33%, and 35%. if you're in the 25% tax bracket, you're entire income is not subject to 25% tax--that's just the highest rate that's applied to your top range of income.

the actual amount of tax you pay can be used to calculate your effective or average tax rate, which is always lower than your tax bracket rate. simply divide the amount of tax you pay by your income. for example, if you're a single taxpayer and make $35,000 in 2010, you're in the 25% tax bracket--but your effective tax rate is just 14%. at moneychimp.com you can use the federal tax brackets calculator to find out how much tax you really pay based on your income and tax filing status. (depending on where you live you may also have to pay state income tax, which raises your effective tax rate.)

[linearthinker, DNP, RN]

Way to go mcleanl. You had to go spoil the game with facts. Funsucker.

[hiddencatRN, BSN, RN]

Way to go mcleanl. You had to go spoil the game with facts. Funsucker.

Lol!

Oooo we need 5 characters to post now! So "lol!" On its own isn't enough on its own.