What's mildly irritating you today?

chrisinhouston · 08-13-2017, 10:20 PM

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.

08-13-2017, 10:20 PM	#11
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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