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duTrieux. posted:agreed but once you have your own place it's difficult to go back
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Jun 6, 2014 21:18
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people are poo poo, i want to live by myself like a hermit
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Jun 6, 2014 21:20
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even when i live with people we never really interact so i may as well live alone eventually the gf will move in tho and then my nutrition will improve
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Jun 6, 2014 21:29
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Citizen Tayne posted:People who say taxes are lower in the US are probably full of poo poo too, I lose half my paycheck before I ever see it. yeah how do you manage this
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Jun 6, 2014 22:38
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high 401k contribution or high insurance premiums or both? maybe pittsburgh has very high income tax child support or alimony irs or a creditor garnishing wages there are lots of ways for net pay to be 50% of gross but i can't think of any that are worth complaining about
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Jun 6, 2014 22:42
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Kevin Mitnick P.E. posted:high 401k contribution or high insurance premiums or both? maybe pittsburgh has very high income tax Girlfriend is on my health insurance and they tax the employer contribution as though it were cash income. I pay $1500+ in federal withholding a month.
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Jun 6, 2014 22:51
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No wage garnishment, just taxes / insurance / 401k
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Jun 6, 2014 22:54
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income tax here is 40% if you earn over 31k iirc and its loving rediculous
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Jun 6, 2014 22:56
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Valeyard posted:income tax here is 40% if you earn over 31k iirc and its loving rediculous I also pay another 10% in local taxes, dunno how they handle local taxes over there.
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Jun 6, 2014 23:03
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tef posted:The 100 miles makes a difference when no-one is likely to travel that far. unlike the fine US of A we have lower levels of car ownership, and when you live in a city, it's expensive to keep a car too. I only know one person in london who drives a car. Edinburgh-London for ex takes ~ 6+ hours on public transport, but it can take as little as 4.5 to travel via airplane (because airports aren't in the middle of the city). Throw into that you can't get late night trains and it means to go up north for a weekend requires hauling yourself up on a saturday morning and leaving on sunday evening, ~ 12 hours travel for ~ 24 hours away. 6 hours each way doesn't sound so bad to go from london to scotland by public transport. that's a day trip, if needs must, e.g. a job interview i'm in the same boat. if I really had to make it, boston is a day trip. realistically, i'm gonna go ond stay overnight for anything that isn't a burning issue. p.s. are u.k. rental cars just really expensive? i'm accustomed to like $100/day tef posted:it isn't the distance, it's the effort, and hauling yourself across london is as frustrating as hauling yourself across the country, and we're lazy from what i can tell london is half the country
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Jun 6, 2014 23:04
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part of it is that fuel is >$8+/us gallon notorious bsd
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Jun 6, 2014 23:10
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401k: at one place they didn't match so i did 100% until i maxed per annum. $0 paycheck for a two months or so.
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Jun 6, 2014 23:12
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theadder posted:part of it is that fuel is >$8+/us gallon notorious bsd it's about $8/gallon in the U.K. it's about $4/gallon in the U.S. this doesn't matter much for 300 miles. hell, car rentals in the u.s. often have gas included for free. it's just not that big a deal, because people don't drive rentals that far.
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Jun 6, 2014 23:19
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wide stance posted:401k: at one place they didn't match so i did 100% until i maxed per annum. $0 paycheck for a two months or so. edit: i just realized what you were doing. that was dumb. calculate your 401k contributions so that each one is roughly 1/11th of the limit, and then make a balloon payment in jan/feb/march of the following year to hit the max. it's much easier and then you don't have to make changes mid-year or dip into short term savings.
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Jun 6, 2014 23:22
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for extra points, change from a 401k to a roth-401k. unless you expect insane taxes/inflation in the future, they are functionally equivalent, but the roth version has an effectively higher limit.
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Jun 6, 2014 23:24
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Notorious b.s.d. posted:it's about $8/gallon in the U.K. my point is more that it conditions attitudes to travel in the culture
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Jun 6, 2014 23:26
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theadder posted:my point is more that it conditions attitudes to travel in the culture by that argument no one should be using cars for long-ish travel in the u.s. your average u.s. vacation might be a couple of thousand miles but gas is over 50% as expensive as the country the size of a teacup
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Jun 6, 2014 23:29
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theadder posted:yeah how do you manage this make 99% of your income from capital gains
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Jun 6, 2014 23:30
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theadder posted:yeah how do you manage this break out a tax calculator sometime. if you make a professional income w/ no kids and no wife, poo poo gets hairy federal is 28-36% payroll tax is ~15% state is 5-10% local is 2-4% those are all marginal rates, adjust to individual totals as needed
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Jun 6, 2014 23:31
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Valeyard posted:income tax here is 40% if you earn over 31k iirc and its loving rediculous lolll  e: also it's 40% for anything earned over £40k bc you have a £8k personal allowance coffeetable fucked around with this message at 23:42 on Jun 6, 2014 |
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Jun 6, 2014 23:39
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i feel guilty whenever i get a tax refund because the gov't probably needed that hundred dollars more than i do
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Jun 6, 2014 23:49
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coffeetable posted:copy-quotin into this thread cause there are a fair few UK devs itt who i respect n id like to know their opinion the deal breaker for me would be not being part of big team (or even a small one).
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Jun 6, 2014 23:51
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Notorious b.s.d. posted:hell, car rentals in the u.s. often have gas included for free. really? because that's not been my experience at all. usually people are like 'eh i only used 1/8 of a tank, i wont bother filling it up' esp because it can be a real pain in the rear end to find a gas station near the rental place. then it's $10-20/gal to fill it back up
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Jun 6, 2014 23:53
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coffeetable posted:lolll ya as someone making cash money paying taxes sux. £31k is a low rear end limit, the top us marginal doesn't kick in until $400k (yeah i know about the 45% rate at £150k, lol if you make that much and aren't crystalizing capital gains) just close the corporate loopholes imo
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Jun 7, 2014 00:05
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Malcolm XML posted:ya as someone making cash money paying taxes sux. £31k is a low rear end limit, the top us marginal doesn't kick in until $400k (yeah i know about the 45% rate at £150k, lol if you make that much and aren't crystalizing capital gains) hmrc is rly helpful tho and told me that my employer hosed up tax codes and I'm owed a ton of back taxes so i don't mind paying. PAYE owns, imagine a world w/o tax returns
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Jun 7, 2014 00:06
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Notorious b.s.d. posted:break out a tax calculator sometime. if you make a professional income w/ no kids and no wife, poo poo gets hairy lol, not even close on a salary of $65k. more like 15-20%. at $65k unless you calculated your withholdings unfavorably you should be netting somewhere around 2/3 of your gross earnings, even in a high tax state like CA.
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Jun 7, 2014 00:11
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man i am starting to feel overpaid as gently caress hang in there
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Jun 7, 2014 00:55
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Deus Rex posted:lol, not even close on a salary of $65k. more like 15-20%. I calculated according to IRS recommendations, I said why I get hosed up above (taxable health benefits).
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Jun 7, 2014 01:13
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Notorious b.s.d. posted:from what i can tell london is half the country it's something like 10-15% of the country by population
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Jun 7, 2014 01:21
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Malcolm XML posted:PAYE owns, imagine a world w/o tax returns yeah, it blows my mind that americans are expected to handle that manually
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Jun 7, 2014 01:28
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qntm posted:yeah, it blows my mind that americans are expected to handle that manually 300 years later and we're still not over taxes
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Jun 7, 2014 01:34
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qntm posted:yeah, it blows my mind that americans are expected to handle that manually the irs tried to fix it but intuit and h&r block shut them down. for real
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Jun 7, 2014 01:37
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the advantage of the american way is that you can just lie, right? what are the common ways people lie on their tax stuffcoffeetable posted:lolll ok yeah i forgot about the personal allowance, good point
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Jun 7, 2014 01:40
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americans can never have a good thing as long as someone stands to make a lot of money doing that thing poorly
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Jun 7, 2014 01:40
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duTrieux. posted:i feel guilty whenever i get a tax refund because the gov't probably needed that hundred dollars more than i do lol. yeah they needed it to kill some minorities.
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Jun 7, 2014 02:04
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Valeyard posted:the advantage of the american way is that you can just lie, right? what are the common ways people lie on their tax stuff very few people lie on their taxes because its easy to get caught. what you do is use existing law to find loads of legal tax breaks. the more money you have the better the lawyer you can get to find all ur discounts.
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Jun 7, 2014 02:05
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people call them "loopholes" because it makes it sound like they're doing something wrong, when in fact what they are doing is totally legal. calling them loopholes also suggests that if they just enforced it correctly everything would be fine, therefore we don't actually need real reform. this is good for the people using the law in their favor because it means they're likely to keep their discounts, and its also good for the politicians shouting "loophole! loophole!" because it means they don't actually have to try to fix anything.
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Jun 7, 2014 02:09
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Shaggar posted:people call them "loopholes" because it makes it sound like they're doing something wrong, when in fact what they are doing is totally legal. calling them loopholes also suggests that if they just enforced it correctly everything would be fine, therefore we don't actually need real reform. this is good for the people using the law in their favor because it means they're likely to keep their discounts, and its also good for the politicians shouting "loophole! loophole!" because it means they don't actually have to try to fix anything. Not even close If you are a small business and get caught cheating I your taxes you pay severe penalties for many many years or go to jail If you are a capitalist and get caught cheating, your big four "tax professional" writes a letter to the irs explaining your "defensible position". Worst case: you pay a penalty. Likely case: you pay the balance due and a tiny symbolic fraction of a penalty. Jail never enters the picture. The norm, of course, is that you are never "caught." The IRS never asks for your "defensible position" because it's not worth the money to pursue you. Tax loopholes are absolutely real
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Jun 7, 2014 06:09
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P.s. The last time a rich man risked jail for his "defensible position" was when KPMG got uppity and started selling "defensible position" letters to regular schmucks, mere millionaires instead of aristocrats The irs was ok with vanderbilts cheating on their taxes. They were mos def not ok with the 1%, the hoi polloi, borrowing their tactics KPMG ate it hard
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Jun 7, 2014 06:13
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those guys are actually cheating on their taxes. that's not the same as "loopholes"
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Jun 7, 2014 07:05
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