On payday it is.
Vote count prediction
- Thread starter 35years
- Start date
Phillip J Fry
sobbing between stops
supplemental wages, i.e. bonuses, are taxed at a different rate than normal income. You might get it back later but the rate is certainly different, wade through the IRS paperwork if you'd like, or a quick google search will work if you don't believe me. There are exceptions I believe for people who work for tips and the like but that's considered part of their regular pay.
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Historically speaking, yeah.
But my fellow part timers are mostly millenials.
And there's nothing they like more than protesting authority figures, and using their phones. When it's made stupidly easy, that is.
So I could actually see turnout from part timers being okay.
We'll see how the e-voting shakes things up.
Coldworld
Well-Known Member
If some of these large locals can come out in big numbers for no vote... especially Louisville, 804 ny, 25 Boston....you really never know what could happen....seriously.
I would love to see that.
1989
Well-Known Member
So what you are saying is that their voter turnout similar to their work attendance?
Lots of full timers take lots of dead days also...
Coldworld
Well-Known Member
Wdfd... youre on vacation, get your ass down to the strike bunker.... we can start partying early...
1989
Well-Known Member
A dead day does not affect your attendance record.
Maybe I already am. @Brownies...mmm says hi
DriveInDriveOut
Inordinately Right
Taxes on supplemental wages are withheld at a set 22%. That's not the tax rate though.
Look at it this way. For a married person paid weekly, every dollar on your paycheck over $1711 also has taxes withheld at 22%.
It's just how withholding is done, it doesn't matter unless you're living paycheck to paycheck. It all balances out at tax time.
wilberforce15
Well-Known Member
You are not taxed on payday.
Your money is withheld for taxation on payday.
Until you file your taxes, the money taken from the check is just a provisional number, a guess, or an expectation to make sure you're not doing anything crazy.
It's not worth going back and forth over.
Peace
wilberforce15
Well-Known Member
Yes, it is.
I know people who give up $10k a year, at least, because they don't think overtime is "worth it" because of the taxation.
They completely misunderstand this issue, and that misunderstanding has cost them nearly the purchase price of a small house over their career.
They could have six figures that they currently do not have, if they had only listened to the IRS or me.
Ignorance is very expensive.
I'll take all of the overtime I can get because it puts a lot more into my 401k
wilberforce15
Well-Known Member
Which does not negate anything I've said at all.
This is worth it because people leave six-figures on the table because they refuse to understand taxation.
DriveInDriveOut
Inordinately Right
But also, they like having an excuse to not work, doesn't really matter if it's true.
Over disciplined0123
Well-Known Member
True ups has 250,000 how many are eligible to vote and even teamsters
Time for change
Well-Known Member
Not really true. Those hourly wages are taxed differently on your paycheck , and it could even out come tax time but not always. 75k is not always 75k to Uncle Sam. Dependents, solar panels, home credit, farm credit, side businesses, cash work going unreported etc. play a huge factor as well.
