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Wal-Mart the ugly...handing out raises FDX next?
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<blockquote data-quote="Oldfart" data-source="post: 3331426" data-attributes="member: 64407"><p>I just read your post and have to disagree. A weekly check that is a dedicated bonus and separate from a weekly paycheck has a higher withholding than a paycheck. If you earned $1500 as a paycheck, you will bring home more than if you received a $1500 bonus. Any bonus is deemed "supplemental" and 25% is withheld on that check with no regard to your filing status. I thought it was 29% but is actually 25%.</p><p></p><p>That is why I contend a raise will put more money in your pocket on a weekly basis than a 1 time bonus. No mater what dido said. He just doesn't understand basis money matters. Maybe someone could suggest a book for him to read so he can learn more about money and taxes.</p><p></p><p>Maybe a Susan Orman or a Dave Ramsey book would help dido.</p><p></p><p>Maybe bacha can teach him. Anyone that bought Amazon stock $200 BELOW face value must know something. Or else he was telling another fib when he bragged about his stock purchase.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 3331426, member: 64407"] I just read your post and have to disagree. A weekly check that is a dedicated bonus and separate from a weekly paycheck has a higher withholding than a paycheck. If you earned $1500 as a paycheck, you will bring home more than if you received a $1500 bonus. Any bonus is deemed "supplemental" and 25% is withheld on that check with no regard to your filing status. I thought it was 29% but is actually 25%. That is why I contend a raise will put more money in your pocket on a weekly basis than a 1 time bonus. No mater what dido said. He just doesn't understand basis money matters. Maybe someone could suggest a book for him to read so he can learn more about money and taxes. Maybe a Susan Orman or a Dave Ramsey book would help dido. Maybe bacha can teach him. Anyone that bought Amazon stock $200 BELOW face value must know something. Or else he was telling another fib when he bragged about his stock purchase. [/QUOTE]
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