Dan Murphy
We are family.
- Joined
- Apr 20, 2000
$364,201 to $462,500But it’s enough to get you in the 32% tax bracket. So maybe not such low pay.
$364,201 to $462,500But it’s enough to get you in the 32% tax bracket. So maybe not such low pay.
Because that is what the withholding tables suggest for the IRA withdrawals we were projected to make. Only had 25% withheld l fed and state combined.Why would you have so much federal deducted if you got it all back?
No, YOU said I was in a 32% tax bracket in post # 13. I just know my IRA withholding is 5% state and 20% federal, not sure where you got 32%.What are you talking about??? That has nothing to do with my comment. I was responding to your statement that people who work in local TV don’t make big money. Which you have frequently said you never made big money. And you also recently said you were in the 32% tax bracket when you were working. The 32% tax bracket starts at over $360K for married filing joint. By no stretch of the imagination is that not “big money”. Even “before deductions.”
No, YOU said I was in a 32% tax bracket in post # 13. I just know my IRA withholding is 5% state and 20% federal, not sure where you got 32%.
The $50 minimum wage comment is germane since that is what some in power believe is the minimum living wage.
I sure don't recall that. To be honest, even now I have no idea what percentage tax bracket I am in.Several weeks ago you said that you were in the 32% bracket while you were working. Maybe you misspoke back then??? I’m merely pointing out that no one is in the 32% bracket if they’re making low pay. What some one else thinks should be minimum wage has nothing to do with what current tax bracket levels are.
If I were you, I’d live by Hook’s words. Prayers got us here….On January 20, 2025 (around 12 noon) I will most likely be dismayed
at who is being sworn in as President, if either of the 2 likely candidates
has their hand on the Bible.
I will then be praying for our country even more fervently than I do now
and will continue for the next four years.
If I were you, I’d live by Hook’s words. Prayers got us here….