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Reply to "Do most nannies pay taxes?"
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[quote=Anonymous]I think realistically, only a very small percentage pay taxes nationwide. It doesn't make them dishonest. It make them poor. Single people pay a really high tax rate which means the Feds are pulling 20% of their income or thereabouts. In my state, a nanny making $18 gross is only netting $13, )16 gross nets about $10-11. That's peanuts in a city where studio apartments rent for $1300 and up and require three times that in income just to have the application considered. Nannies go off books as a means of survival. Parents budgets don't change just because the housing market is out of concern control. [/quote]
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