So Hannah is about to come home from babysitting tonight. She was paid $50. I know. Pretty good gig right? However, I see a teaching moment. So when she gets home, I will regrettably inform her of the following. Before she can spend a dime (or save it) she must first pay: Household tax- $9 Room tax - $3 Driving you tax-$2.5 Pet tax - $1.25 DWYD tax - $. 75 (dealing with your drama) Extra surcharge - $. 25 Total deductions - $16.75 Net income -$33.25 Also note: if she decides to gift, invest or otherwise employ said net capital, it will be subject to further taxation. Best bet? Stay home, watch Netflix and snack on whats already provided at home.
Posted on: Sun, 17 Nov 2013 03:51:20 +0000
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