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Employer Issues
Reply to "Recalculate Your Nanny's Paycheck Withholding!"
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[quote=Anonymous][quote=Anonymous]The difference is that MB's can afford a tiny hit and most nannies cannot afford the hit. I know that I really will have a hard time if it amounts to a lot of money lost having never gotten a raise. It would be difficult for me to also want to stick with a job where I am now essentially taking home less. MB acknowledges that I deserve a raise but just won't give one so that they can keep up with their posh lifestyle. Time for me to look for a new job where this hit to my paycheck won't really be noticed.[/quote] Have you actually done the math to see what the difference will be in your paycheck? It's only a 2% difference. In my case it was less than $20/week. If people can't absorb a loss of $20/week they really need to take a look at their budget and figure out a way to live more within their means. No one should be living right down to the last penny of their paycheck. (And before people flame me for that statement I realize there are millions of people making minimum wage who do live that way...I am not referring to that group of people) Everyone (employers and nannies) will feel the difference, but if people are budgeting the way they should be the adjusted tax won't be devastating. [/quote]
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