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Old 08-13-2017, 10:20 PM   #6405
chrisinhouston
Professor
 
Join Date: Sep 2001
Location: Houston TX
Posts: 1,857
Well crap. My wife got the final payout from the sale of the company she worked for the past 20 years and while the total is great her paystub shows that she has now had $315,218.23 taken out it taxes. That includes Federal, SS which she has maxed for the year and Medicare. I understand taxes and the need to pay for things for our country but 39% seems a bit excessive, especially if it's a one time deal and not some big CEO who pulls in a lot every year.
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