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Bullshit. [Apr. 15th, 2007|10:55 pm]
“Nightwatch”
[Current Mood |annoyedannoyed]

Ugh.

My work for ARL last summer ended up costing me $250, because it puts me over the amount required to pay income tax! I'm claimed as a dependent, so I get no tax breaks of any kind! That's not I receive some money over $250 and then I have to pay $250 in tax: that means I earned a grand total of negative $250 for working.

Had I not worked and bought an iPod instead, I would be just as well off as I am now. ISN'T THAT FUN?!
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Comments:
[User Picture]From: ralesk
2007-04-16 07:32 am (UTC)
How the heck is it even possible to get taxed so much one come out red of it? o.O;;;

Something is seriously fucked up there — and we’re the ones having a net/gross ratio of 0.5 for average people like healthcare workers :/
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[User Picture]From: night_watch
2007-04-16 07:48 am (UTC)
Well, it was my second job. The first one was the Google SoC... but what I'm saying is that had I not taken the second job in addition to the first, the sum of my income for the year would have put me into a 0% tax category. The problem is that once I hit the next tax category up, all my income gets taxed (at ridiculously high business rates, over double that of regular wages, because neither Google nor ARL employed me for tax purposes, so I'm considered self-employed). To make matters worse, my parents claimed me as a dependent, so I get absolutely none of the nice benefits they give to college students.
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[User Picture]From: ralesk
2007-04-16 07:52 am (UTC)
That still is ridiculous, even so!
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