Paying taxes
So I fI was going to put 30,000 in retirement can I use that as collateral or finance a toyhauler?
Forum Discussion
Trackrig wrote:
And speaking of paying taxes, I wonder if we only have to pay 86% of our Fed taxes for the 16 (?) day shut down since 14% of the government wasn't working?
Bill
You miscalculated. Because of the shutdown you will have to pay 22% extra because the people not working will now work overtime to make up.
14% times 1.5 for overtime equals 22%
So you will pay 122%
