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Old 05-01-2006, 04:27 PM   #5 (permalink)
maleficent
Junkie
 
Moderator Emeritus
Location: Chicago
43,500 - Starting salary (In every state I've ever lived in bonuses are taxable income)
-3045 - North Carolina State Income Tax (7 percent)
-7432- Federal Income Tax ($4,220.00 plus 25% of the amount over 30,650)
-3328 - FICA (7.65 percent)
____________________
29595 - Gross income

Some of those taxes you'll get back -- but not all...

The mother in me woudl caution you saying spending on a car, almost what your rent is, seems dangerous when you are starting out... you've got the rest of your life for snazzy wheels... (hey look forward tot hat midlife crisis and a sports car
__________________
Free your heart from hatred. Free your mind from worries. Live simply. Give more. Expect less.

Last edited by maleficent; 05-01-2006 at 04:34 PM.. Reason: 2006 tax estimates were wrong - mal
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