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11-03-2009, 03:57 PM
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Member
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Join Date: Aug 2009
75 posts, read 26,855 times
Reputation: 18
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10% State Tax....
Can anyone explain this to me...I was taxed hard on Friday by the new 10% tax.
I was under the impression that they took an additonal 10% of your state tax each pay period. For instance, if your state tax is $200 each pay period, you would now pay $220. Apparently, this is not the case as I was butchered well beyond that.
How is this working...does anyone know?
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11-03-2009, 04:03 PM
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Moderator
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Join Date: Sep 2006
Location: Rolando, San Diego CA 92115
5,055 posts, read 5,238,530 times
Reputation: 1205
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They are only increasing the state withholding by ten percent.
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11-03-2009, 04:11 PM
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Member
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Join Date: Aug 2009
75 posts, read 26,855 times
Reputation: 18
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Quote:
Originally Posted by Sassberto
They are only increasing the state withholding by ten percent.
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That's what i figured but they increased my state withholding well above that- are they making up for the periods in the 09 tax year that I didn't get the increase or did my payroll screw things up and do everything up front. |
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11-03-2009, 05:56 PM
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Member
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Join Date: Jan 2008
31 posts, read 33,581 times
Reputation: 27
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There's an easy fix. Just increase the number of exemptions on your W-4 and WE-4... You should be estimating your taxes and adjusting your exemptions a couple times a year anyway.
If every TAXPAYER in California did this (simply increase their number of exemptions) then it beats this whole interest free loan aka 10% state withholding tax increase, thus sending a STRONG and LOUD message to Sacramento's radical liberal-socialist to CUT SPENDING and LIVE WITHIN THEIR MEANS..ENOUGH IS ENOUGH!!!!
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11-03-2009, 08:25 PM
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Member
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Join Date: Aug 2009
33 posts, read 11,228 times
Reputation: 10
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I'm not sure how it is in california but I know in Pennsylvania they doubled the allowable time period of unemployment benefits from 3 months to 6 months. This is more than likely the underlying reasoning behind such a tax.
Given CA's unemployment that is rising that would be my guess.
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11-03-2009, 08:37 PM
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Member
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Join Date: Oct 2009
15 posts, read 3,792 times
Reputation: 10
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I don't know about PA but CA is only going to get worse. A lot of states are in trouble but this one takes the cake.
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11-03-2009, 08:53 PM
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Member
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Join Date: Jun 2009
42 posts, read 14,296 times
Reputation: 14
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Quote:
Originally Posted by ValleyBoy85
There's an easy fix. Just increase the number of exemptions on your W-4 and WE-4... You should be estimating your taxes and adjusting your exemptions a couple times a year anyway.
If every TAXPAYER in California did this (simply increase their number of exemptions) then it beats this whole interest free loan aka 10% state withholding tax increase, thus sending a STRONG and LOUD message to Sacramento's radical liberal-socialist to CUT SPENDING and LIVE WITHIN THEIR MEANS..ENOUGH IS ENOUGH!!!!
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Why not move to a conservative tax-free state like Texas or Florida? |
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11-04-2009, 09:51 AM
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Senior Member
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Join Date: Jan 2008
Location: Columbus (AKA Mayberry R Fing D)
679 posts, read 331,264 times
Reputation: 186
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Because then I would have to live in Texas or Florida.
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11-04-2009, 10:06 AM
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Senior Member
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Join Date: Oct 2007
Location: Miami
541 posts, read 445,641 times
Reputation: 126
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Quote:
Originally Posted by Tenzo
Because then I would have to live in Texas or Florida.
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That's awesome, lmao |
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11-04-2009, 11:47 AM
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Senior Member
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Join Date: Jun 2008
169 posts, read 47,274 times
Reputation: 38
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Quote:
Originally Posted by Tenzo
Because then I would have to live in Texas or Florida.
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Simpsons style "HAW HAW!" |
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