DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Overtime, Taxes, and how to make sense of it?

**Zjohkrbi** · 01-14-2010, 02:53 AM

I don't get paid over time but I did get a (very) small 'bonus' there is definitely something different with the tax scheme on additional pay. $250 quickly became about $150 something.

That's the gift tax. They taxed our bonuses and it cut off like $500 on an $1100 bonus. That was last year though. Fat chance we'll get a bonus this year. Only the people high on the scrotum pole get bonuses anymore, and it's their fault we're in this mess. God it pisses me off how it's always the people who screw everything up that get all the phat pay, and the people dealing with the mess and trying to fix it get the shaft.

01-14-2010, 02:53 AM	#3
Zjohkrbi Join Date Oct 2005 Posts 437 Senior Member	I don't get paid over time but I did get a (very) small 'bonus' there is definitely something different with the tax scheme on additional pay. $250 quickly became about $150 something. That's the gift tax. They taxed our bonuses and it cut off like $500 on an $1100 bonus. That was last year though. Fat chance we'll get a bonus this year. Only the people high on the scrotum pole get bonuses anymore, and it's their fault we're in this mess. God it pisses me off how it's always the people who screw everything up that get all the phat pay, and the people dealing with the mess and trying to fix it get the shaft.
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