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[quote=Anonymous][quote=Anonymous][quote=Anonymous]People really don’t know squat about taxes. I do taxes for a living and no way someone that makes minimum wage would pay that high in taxes (if it’s a family or single mom likely it would be a credit (they will get paid for working at such a low wage)). 7.25 minimum and posters saying that is 5 after tax don’t know what they are taking about.[/quote] Oh so since you know so much please do tell, how much tax would someone making $7.25 pay? Bc they would still have to pay taxes. Sorry but $7.25 isn’t a lot and even if they only paid $.25 in taxes it’s still lowering the take home amount. And the tax credit wouldn’t even be enough to make up for the low wage. Children and families are expensive. COL anywhere is expensive when you are only making $7.25[/quote] The employer covers taxes, $7.25 is take home![/quote]
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