Off-Topic: Insanely stupid comment by Obama

Lake Nasworthy Topics

(Lake Nasworthy Specific)

1 messages

Updated 6/25/2015 10:39:14 AM

Off-Topic

Lakes Online Forum

83,629 messages

Updated 5/22/2024 1:39:30 AM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Lake Nasworthy Fishing

(Lake Nasworthy Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,260 messages

Updated 3/24/2024 9:24:45 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	MAJ USA RET -
	Subject:	Insanely stupid comment by Obama
	Date:	7/31/2013 12:29:17 PM

STOP! You may be WRONG!

Say the general multiplier for a government employee is 1.67 (approx). The employee’s take home would be $59880 ($100K / 1.67). The employee pays… say 22% of that in taxes = $13,173. But, after he files his taxes…after deductions… he really ends up paying 18% = $10,778. The government recovers $11K on a $100K investment.

All math is fuzzy… especially when the government engages in such.

Other messages in this thread:

View Entire Thread

Insanely stupid comment by Obama - MartiniMan - 7/31/2013 11:32:57 AM

Insanely stupid comment by Obama - MAJ USA RET - 7/31/2013 12:29:17 PM

GM investment math - MartiniMan - 7/31/2013 1:38:14 PM

GM investment math - MAJ USA RET - 7/31/2013 2:13:06 PM

Quick Links
Lake Nasworthy News
Lake Nasworthy Photos
Lake Nasworthy Videos