Friday, January 23, 2009

Taxes


Sorry I haven't written anything in two days(like anyone reads or follows this) but I couldn't really figure what to write about then it hit me when I though about getting my paycheck from my minimum wage part time job today.
Taxes
I'll write about taxes
Sooooooooo lets being boys and girls (this is going to be fun =p)
Welll around this time people start to get anxious and worried about filing their taxes. Well even though I'm a part time high school worker I am too, the way this country handles taxes I would be worried.
When you work you usually look forward to getting your paycheck the one thing that sucks is that when you get it, depending on how much you get, the government usually takes out a good sum of it. Usually people just glance at this, grumble about the government and then cash their check so they can get their money.
Well I'm going to look into this further.
I took a buisness class last year and one of the only things I got out of this was their weird government rule that if you own a business you HAVE to pay your workers minumum wage.
Weird huh?
I'm going to sidetrack a little and tell you why I HATE minimum wage.
Lets say you own a business and your name is Derrick
Its a lawn care business
Derrick's Lawn Service
So you have yourself and 5 other workers
You open for business and the government tells you that you ahve to pay the workers minumum wage which was $5.85
OK sounds good, you can do that.
So you get off to a slow start then business gets booming
Really booming
Then the government says you now have to pay your workers $6.55
Since its during the summer (minmum wage went up in July) you can afford this.
Then winter hits.
No one really can or wants their lawn treated
On top of that theres a economic crisis that has started.
Now you can't afford your workers and have to go out of buisness because you can't afford to keep them.
And I thought the government is suppose to the helpful
.......
People say that if we had a economy in which minimum wage did not exist then people would get paid dirt.
Well actually mud
Haha just kidding
No but really
See everything is competitive and since this is a free country(everything except the markets) if Job A can only pay you $5.75 and Job B can pay you $6.15 then your probably going to go with Job B. Its kinda like shopping.
If store A charges $1.50 for a loaf of bread and store B charges $.75 for a loaf of bread then your usually going to go with store B.
See if you think about it this way then your going to see why minimum wage sucks. If the government starting telling store owners what they had to charge people for certain items, a lot of people would be pissed off. But everyone is used to minimum wage so they never think about how its hurts small businesses(which are 99% of our economy) and helps the Meg-Lo Marts(guess which show I'm referencing and you win) which are the other 1% of the economy.
See we are wise and smart people, if minimum wage didn't exist then we could reasonably talk about what the price to pay our workers kinda like how you try to always talk down a salesman when trying to purchase a car.
What does this have to do with my paycheck and my taxes welllllll
See with taxing our paycheck the government is really making us get paid less than minumum wage, so their breaking their rule.
Let me do the math
I get paid $6.55 last week I worked 12 hours.
12 times 6.55= $78.60
The government then continued to take $9.31 out of my paycheck which left me a total of
*drum roll*
$71.29
now divide this by 12 and lets see how much I really am getting paid and if the government is really keeping their promise
*drum roll*
I am getting paid $5.90 an hour. 65 cents less then minimum wage. So then you US government.
Anyways how I would handle taxes.
Everyone gets to keep their whole paychecks no taxes decducted
But depending on how much you make a year you have to pay anywhere from 10%-15% of it to the government.
Oh another thing about taxes that I find is extremely stupid
If you file your taxes the government can find that you under paid.
How the hell can you under pay your taxes if you don't even voluntarily pay them??!!!
Thats just another bullshit excuse by the government to try and get more money out of us.
Honestly, if you are taking my money and seeing my paycheck before I see it, then atleast take enough out.
Well theres nothing I can do about it, I'm just a high school kid.......
Tonight I'm hanging out with my friends,
Work tomorrow at 7 in the morning,
These weekends have no point if I have to get up earlier than I usually do during the week for school to go to work
Oh well back to my less than minimum wage job(hehe)
~Jackson~

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