putting in for job-can someone please work out the monthly and annual salary looking at these numbers please- 37 .5 hours a week at 7.24 an hour thanks if u can ...
I bought a condo, and want to write off the taxes and interest that I will pay, and wanted to know how this system works. Additional Details Forgot to mention, I'm married with one ...
I just bought coffee from the largest chain supermarket in the West, and it was 1.95 for a medium cup, plus .16 sales tax !! And there is no tax on food items in CA.
i realised on my wage slip that i was over paid by £580 pounds and told my boss and has told head office cos of the amount of tax and ni they have took of me can i arrange to pay back in ...
I'm a university student and my only income for 2007 was volunteering in a medical study. I was paid a few thousand dollars for being in this study, and no taxes were taken out of the payment I ...
I ve had the house for a year now. I dont have enough paid off to apply for an equity loan. I am going through a divorce which has been the main reason why i havent been able to pay the escrow on the ...
My wife works full time, We get childrens tax credit and child allowance, I have paid national insurance all my working life, we are home owners(mortgage) and no real savings....
that's why you have to pay more because Gates is not paying enough
Quixotic
Bill Gates also gives $billions a year to charity, which is deductible.
When you start giving that much, we'll compare you average tax rate to his.
MINH H
How did you know he's only paid 10% income taxes. Even if he does: 10% of 78 billion still a 7.8 billion dollars, that's a lot. Also
he's a Microsoft chairman with stock holder. The remainder of that taxes will be filed under Microsoft business incomes.
Puzzleman
Because of his wealth, Bill has many attornies working to advise him on how to keep his taxes low. Perhaps you've noticed that he set up the Bill and Melinda Gates Foundation and donating hundreds of millions of dollars that free him of taxes. I would not be surprised if he also purchased tax-free financial instruments. The strategies keep his taxes lower (but not low).
E
Are you kidding.. Taxes take about 45% of my paychecks.
bostonianinmo
Where do you get the idea that he only pays 10% in taxes?
You should keep in mind that he had given away nearly half of all the money he ever made -- much of it not deductibile due to his income -- and is STILL the richest person in the world.
Box815
Bill Gates doesn't pay 10% in taxes. He pays 39.6% on his salary (the top marginal rate) and 15% on capital gains (just like every other American.
weight-loss
99% of taxes are paid by 1% of rich!.
and
1% of taxes are paid by rest of the 99%!
The stats are amazing similar to the above.
Let us have a simple FLAT tax per person per year!. So, everybody shares the burden equally and Bill Gates can get away with piddly 0.000000000001 % of taxes
Brad B
Statistically the top 10% of wage earners pay 70% of the total taxes in the US....So mathematically the middle class don;t actually pay for everything...
A better question would be why the majority of tax money that is paid out to individuals is paid to those unemploed and not contributing...
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