Jul 4, 2022 4:37 PM
5ywjdPumpkinPrincess
117478
1516
36
Yakofalltrades
Seize the means and pentuple your take home.
pinatafarmer
Easy, just make a billion, then you won't have to pay any taxes at all.
Hashbrown123
*grabs bootstraps* Thanks, Capitalism!
twatburglar
I had to miss most of last week due to a sick baby, still had to pay daycare, & I'm the only income in our fam of 3. Next paycheck will suck
ShieldAnvil1
That is incredibly low wage wise but as a former life guard in high school I made 15 bucks an hour, but we had a hefty penalty for 1/2
missed shifts, if you don't show up to a pool to open it it is a real problem, you could be sick but just straight up missing? -$$$ 2/2
DoNotUseMyUsername
JavaCofe
GiantFlyingLabia
I already paid the maximum amount into Social Security for the year so my paychecks got like $400 bigger. Yay, i guess?
zonide
because we allow our laws to be that way, its really that simple
PirateArrrgument
Employee wage theft annually outweighs all other forms of theft in the USA.
forensicfilesbestofseason1
Time to sue
TransAtheistMinister
Welp, hopefully you don't use math at your job.
ImANurse
Lol
E1evenChar1ie
Had a payroll lady switch our W2 to 12 dependents on a 80hr wk so we could get the full benefit of the OT, then switched it back afterwards
Freeasabird2015
It's called theft
looseparts
You're a dumb fuck. I'd rather pay taxes on $100,000 a year than $10,000
NKato
I was sick last week, skipped out on Tuesday, so I'm expecting a bit of a hit to my check at the end of the month.
fluffyeggs25
The best is getting a raise but ending up with less in your check.
vcgetdown
Not possible without outside influence
Taxes and a parking pass that's based on your pay range.
reallynotmikepence
A parking pass could do it. But taxes are tiered so you'll never make less via a raise that way.
pasky080810
The picture and the text is perfect
slyvic
I think someone is really bad at math.
Idk mate if I'm earning 200 a day, my extra day would be overtime, which means getting paid x1.5, so it would be 300.
MajinHercule
drduffer
If you’re in the US it’s likely you’re right on the cusp of a higher tax bracket.
Todd3
Have you seen my Red Stapler?
Demaskenos
Sounds about right. I pulled over 50 hours OT once because we were so short staffed. I barely got to keep any of it after taxes....
InkyBlinkyPinkyAndClyde
If that's the case, you'll get it back. The way taxes are calculated on your paycheck is by multiplying that single paycheck by the /1
number of pay periods, assuming that's your yearly salary, and taxing you on it. So say one week you earned $100 and the next week you /2
earned $1000. First week you'd be taxed as if your yearly income is $100x52=$5200. Second week you'd be taxed on an income of $52,000. At /3
the end of the year, though, when your income from the year is finalized, they'll calculate your real tax. If you overpaid you'll get it /4
back. It sucks, but that's just how they do it to try to get you as close as possible to your final correct taxation amount. /5
ailike
People in these comments are weird. They’d say “Time doesn’t move faster or slower whether you’re having fun! You’re probably being gaslit!”
echogirltwink
Wage theft. :)
TheFeralDog
Taxes, for me at least OT normally means they take a higher % or in tax and I don't even end up with half the OT day in take home pay.
Retiredwarrior5674
Once worked approx 20 hours over time. Made $3 less than normal.
Lachwen
Sounds like you were a victim of wage theft.
Taxes.
No. In the US, at least, it is literally impossible for going into a higher tax bracket to result in you taking home less pay than before.
sugosugita
Ask questions, you’d be surprised how often payroll is just wrong.
lastmanonearthbutidroppedmyglasses
Sounds like wage theft
lildude52ca
nope.. sounds exactly like a low income job.
Masonrig
Which are frequently at risk of wage theft...
Chattafaukup
Didnt know it was so common till it happened to me. Boss pretends its an accident every time. Now i watch my checks like a hawk.
Nerfgunner
CongenitalSlurpees
I fucking wish I made that much a month. I could actually live a bit.
MisuseOfLiterally
what do country do you live in if I may inquire?
America. I'm on social security disability. Back is torn up from working construction and other various fuckeries. Born with a bummed leg>
but still worked until it was to much in my late 20's/early 30's.
detectivekagami
Bro sir buddy may I interest you in a full time job that comes with an apartment and no time off? If so working hospitality may be the key!
fpsnoob
I feel like you're missing an important detail of how many hours you worked those weeks.
It just feel that way. Also they can’t deduct benefits from time off
It's not simple at all though
so... if the laws didnt allow it to be the way it is... by changing them... it wouldnt be different?
ath1337e
Yes, most likely. Not necessarily OP's fault if the manager sent them home early sometimes, but you need to calculate by hours.
ThisIsAWasteOfMyTime
Yeah, no matter the taxes, etc. but if you earn a total of $7.20 from an extra 8h of work, there is something fucky going on.
clearly you've never worked a broke ass poor person job before.
I worked retail at HomeGoods for a year, don't know how much broke ass I can get. That job literally pushed me to joining the military.
TheDoctormoriarty
Not in the server industry
VagisilToothpaste
Maybe in the US.
mirhagk
As I understand it, federal laws state that $7.25/hour must be made incl. tips or else the employer pays the difference.
ArgyleTurtle
That law is based on their average wage per pay period, not per shift. If the shift they drop is a busy weekend shift, (1/2)
Then LOTS of restaurant owners are breaking the law.
theovermynd
Ive actually lost money working an extra day before because I hit the next tax bracket with the extra day
metalstorm
Thats not possible and not how tax brackets work. You prob had less total hours
gorfnod
This is not how tax brackets work. Your money is taxed in each bracket separately. You can't lose money this way.
StephenDaniels
Its the withholding rules. Either have your employer cut you a separate check for OT or look forward to the extra money at tax time.
loneCartoonVillain
Switching from 40 to 39.5 gets me a significant pay raise, while still netting a bigger than idea tax refund.
You can also have your employer figure your withholding as though you have 15 kids and then FILE HONESTLY. All caps to keep you out of jail.
josieexplosion
What is the purpose of that? ELI5
JustAnotherPOG
It means that you have use of that money until you have to settle up, which gives you more flexibility and opportunity to invest. (1/?)
CinnamonBunny
...what?
It don't be like that. Exaggeration
Still don't quite get it. To me, 1 hour of work = 1 hour of pay.
Xenocideisaplan
So for me, its actually not worth working overtime as a rule, because American taxes
zetsumi16
You get taxed more after making certain amounts of money in one pay period, so there's a point of diminishing returns for hours worked
While you can technically pay a higher percentage per check it would all come back at the end of the year.
Bonemamma
Its the tax thresh hold. If you move up a tax bracket cause of how many hours you have worked, I often turned down small shifts as 1/2
a 4 hour shift I would only get an extra £4.00 from as the rest would be eaten by tax
OrangeFlavours
Bruh what? Bullshit. The tax bracket isn't gonna steal most of your wages.
it really did
Yakofalltrades
Seize the means and pentuple your take home.
pinatafarmer
Easy, just make a billion, then you won't have to pay any taxes at all.
Hashbrown123
*grabs bootstraps* Thanks, Capitalism!
twatburglar
I had to miss most of last week due to a sick baby, still had to pay daycare, & I'm the only income in our fam of 3. Next paycheck will suck
ShieldAnvil1
That is incredibly low wage wise but as a former life guard in high school I made 15 bucks an hour, but we had a hefty penalty for 1/2
ShieldAnvil1
missed shifts, if you don't show up to a pool to open it it is a real problem, you could be sick but just straight up missing? -$$$ 2/2
DoNotUseMyUsername
JavaCofe
GiantFlyingLabia
I already paid the maximum amount into Social Security for the year so my paychecks got like $400 bigger. Yay, i guess?
5ywjdPumpkinPrincess
zonide
because we allow our laws to be that way, its really that simple
5ywjdPumpkinPrincess
PirateArrrgument
Employee wage theft annually outweighs all other forms of theft in the USA.
forensicfilesbestofseason1
Time to sue
TransAtheistMinister
Welp, hopefully you don't use math at your job.
ImANurse
Lol
E1evenChar1ie
Had a payroll lady switch our W2 to 12 dependents on a 80hr wk so we could get the full benefit of the OT, then switched it back afterwards
Freeasabird2015
It's called theft
looseparts
You're a dumb fuck. I'd rather pay taxes on $100,000 a year than $10,000
NKato
I was sick last week, skipped out on Tuesday, so I'm expecting a bit of a hit to my check at the end of the month.
fluffyeggs25
The best is getting a raise but ending up with less in your check.
vcgetdown
Not possible without outside influence
fluffyeggs25
Taxes and a parking pass that's based on your pay range.
reallynotmikepence
A parking pass could do it. But taxes are tiered so you'll never make less via a raise that way.
pasky080810
The picture and the text is perfect
slyvic
I think someone is really bad at math.
5ywjdPumpkinPrincess
slyvic
Idk mate if I'm earning 200 a day, my extra day would be overtime, which means getting paid x1.5, so it would be 300.
MajinHercule
drduffer
If you’re in the US it’s likely you’re right on the cusp of a higher tax bracket.
Todd3
Have you seen my Red Stapler?
Demaskenos
Sounds about right. I pulled over 50 hours OT once because we were so short staffed. I barely got to keep any of it after taxes....
InkyBlinkyPinkyAndClyde
If that's the case, you'll get it back. The way taxes are calculated on your paycheck is by multiplying that single paycheck by the /1
InkyBlinkyPinkyAndClyde
number of pay periods, assuming that's your yearly salary, and taxing you on it. So say one week you earned $100 and the next week you /2
InkyBlinkyPinkyAndClyde
earned $1000. First week you'd be taxed as if your yearly income is $100x52=$5200. Second week you'd be taxed on an income of $52,000. At /3
InkyBlinkyPinkyAndClyde
the end of the year, though, when your income from the year is finalized, they'll calculate your real tax. If you overpaid you'll get it /4
InkyBlinkyPinkyAndClyde
back. It sucks, but that's just how they do it to try to get you as close as possible to your final correct taxation amount. /5
ailike
People in these comments are weird. They’d say “Time doesn’t move faster or slower whether you’re having fun! You’re probably being gaslit!”
echogirltwink
Wage theft. :)
TheFeralDog
Taxes, for me at least OT normally means they take a higher % or in tax and I don't even end up with half the OT day in take home pay.
Retiredwarrior5674
Once worked approx 20 hours over time. Made $3 less than normal.
Lachwen
Sounds like you were a victim of wage theft.
Retiredwarrior5674
Taxes.
Lachwen
No. In the US, at least, it is literally impossible for going into a higher tax bracket to result in you taking home less pay than before.
sugosugita
Ask questions, you’d be surprised how often payroll is just wrong.
lastmanonearthbutidroppedmyglasses
Sounds like wage theft
lildude52ca
nope.. sounds exactly like a low income job.
Masonrig
Which are frequently at risk of wage theft...
Chattafaukup
Didnt know it was so common till it happened to me. Boss pretends its an accident every time. Now i watch my checks like a hawk.
Nerfgunner
CongenitalSlurpees
I fucking wish I made that much a month. I could actually live a bit.
MisuseOfLiterally
what do country do you live in if I may inquire?
CongenitalSlurpees
America. I'm on social security disability. Back is torn up from working construction and other various fuckeries. Born with a bummed leg>
CongenitalSlurpees
but still worked until it was to much in my late 20's/early 30's.
detectivekagami
Bro sir buddy may I interest you in a full time job that comes with an apartment and no time off? If so working hospitality may be the key!
fpsnoob
I feel like you're missing an important detail of how many hours you worked those weeks.
detectivekagami
It just feel that way. Also they can’t deduct benefits from time off
zonide
because we allow our laws to be that way, its really that simple
fpsnoob
It's not simple at all though
zonide
so... if the laws didnt allow it to be the way it is... by changing them... it wouldnt be different?
ath1337e
Yes, most likely. Not necessarily OP's fault if the manager sent them home early sometimes, but you need to calculate by hours.
ThisIsAWasteOfMyTime
Yeah, no matter the taxes, etc. but if you earn a total of $7.20 from an extra 8h of work, there is something fucky going on.
lildude52ca
clearly you've never worked a broke ass poor person job before.
fpsnoob
I worked retail at HomeGoods for a year, don't know how much broke ass I can get. That job literally pushed me to joining the military.
TheDoctormoriarty
Not in the server industry
VagisilToothpaste
Maybe in the US.
mirhagk
As I understand it, federal laws state that $7.25/hour must be made incl. tips or else the employer pays the difference.
ArgyleTurtle
That law is based on their average wage per pay period, not per shift. If the shift they drop is a busy weekend shift, (1/2)
VagisilToothpaste
Then LOTS of restaurant owners are breaking the law.
theovermynd
Ive actually lost money working an extra day before because I hit the next tax bracket with the extra day
metalstorm
Thats not possible and not how tax brackets work. You prob had less total hours
gorfnod
This is not how tax brackets work. Your money is taxed in each bracket separately. You can't lose money this way.
StephenDaniels
Its the withholding rules. Either have your employer cut you a separate check for OT or look forward to the extra money at tax time.
loneCartoonVillain
Switching from 40 to 39.5 gets me a significant pay raise, while still netting a bigger than idea tax refund.
StephenDaniels
You can also have your employer figure your withholding as though you have 15 kids and then FILE HONESTLY. All caps to keep you out of jail.
josieexplosion
What is the purpose of that? ELI5
JustAnotherPOG
It means that you have use of that money until you have to settle up, which gives you more flexibility and opportunity to invest. (1/?)
CinnamonBunny
...what?
Nerfgunner
It don't be like that. Exaggeration
5ywjdPumpkinPrincess
CinnamonBunny
Still don't quite get it. To me, 1 hour of work = 1 hour of pay.
Xenocideisaplan
So for me, its actually not worth working overtime as a rule, because American taxes
zetsumi16
You get taxed more after making certain amounts of money in one pay period, so there's a point of diminishing returns for hours worked
reallynotmikepence
While you can technically pay a higher percentage per check it would all come back at the end of the year.
Bonemamma
Its the tax thresh hold. If you move up a tax bracket cause of how many hours you have worked, I often turned down small shifts as 1/2
Bonemamma
a 4 hour shift I would only get an extra £4.00 from as the rest would be eaten by tax
OrangeFlavours
Bruh what? Bullshit. The tax bracket isn't gonna steal most of your wages.
Bonemamma
it really did