Re: [ot] RIP Rosa Parks...

On Sat, 29 Oct 2005 15:56:05 -0700, Stuart Grey
<stuart.grey@xxxxxxxxxxxxxxxxxx> wrote:

>Offbreed wrote:
>> Stuart Grey wrote:
>>
>>> Offbreed wrote:
>>
>>
>>>> $24 fine today.
>>>
>>>
>>>
>>> Again, not much.
>>
>>
>> It is if you are not making much, and I think we can assume someone
>> riding the bus did not.
>>
>> I'd be surprised if someone making minimum wage clears $24 a day, after
>> taxes and normal expenses, even if she was a cheapskate.
>
>FEderal minimum wage rate $5.15/Hour
>
>$5.15/hour * 8 hours = $41.20
>
>Socialist Security tax = 7.56%
>
>No Income tax, there is no taxable income with one deduction.
>
>After tax check = (1 - 0.0756)*$41.20 = $38.08
>
>Conclusion: You're surprised. :-) (Yes, I AM a smart ass.)

Me, too. See? I told you we would be in agreement on many things.
:o)
Sue

>
>

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