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<blockquote data-quote="JonFrum" data-source="post: 707190" data-attributes="member: 18044"><p>This is the sentence from Article 17 of the National Master:</p><p><strong>"All green checks will be taxed at the employee’s regular withholding tax rate."</strong></p><p> </p><p>I did not take it out of context. That one sentence stands alone as a paragraph unto itself.</p><p> </p><p>That sentence was added to the Contract several years ago specifically to stop Payroll from over-taxing green checks, which was a constant problem.</p><p> </p><p>I thought you would mention the IRS regulations. I'll read them later. But I don't see why a negotiated paycheck is considered a buyback or a sellback or a supplemental. It's a normal part of our wages. No different than, say, overtime pay, holiday pay, sick pay, option day pay, etc.</p><p> </p><p>Now you tell me UPS Payroll also <u>under</u>-taxes some green checks (even if only by a little)! The plot thickens!</p></blockquote><p></p>
[QUOTE="JonFrum, post: 707190, member: 18044"] This is the sentence from Article 17 of the National Master: [B]"All green checks will be taxed at the employee’s regular withholding tax rate."[/B] I did not take it out of context. That one sentence stands alone as a paragraph unto itself. That sentence was added to the Contract several years ago specifically to stop Payroll from over-taxing green checks, which was a constant problem. I thought you would mention the IRS regulations. I'll read them later. But I don't see why a negotiated paycheck is considered a buyback or a sellback or a supplemental. It's a normal part of our wages. No different than, say, overtime pay, holiday pay, sick pay, option day pay, etc. Now you tell me UPS Payroll also [U]under[/U]-taxes some green checks (even if only by a little)! The plot thickens! [/QUOTE]
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