how to handle salary cut from pension funds and insurance?

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how to handle salary cut from pension funds and insurance?

Postby bunga » Sat Dec 09, 2006 2:03 am

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Postby FG Lurker » Sat Dec 09, 2006 2:33 am

I'm getting Jacked the same way.

Between tax, pension, medical, and whatever other nightmare deductions, my winter bonus (received today :)) shrunk by damn near 30%. Fuckers. :evil:
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Postby dimwit » Sat Dec 09, 2006 11:56 am

FG Lurker wrote:I'm getting raped the same way.



Wouldn't it be more apropos to say that you are being Jacked.:p

Sorry I can never resist a cheap pun.
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Postby FG Lurker » Sat Dec 09, 2006 11:57 am

dimwit wrote:Wouldn't it be more apropos to say that you are being Jacked.:p

:lol:

Fixed! :D
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Postby Greji » Sat Dec 09, 2006 2:33 pm

FG Lurker wrote:I'm getting Jacked the same way.

Between tax, pension, medical, and whatever other nightmare deductions, my winter bonus (received today :)) shrunk by damn near 30%. Fuckers. :evil:


Having just retired from the second Japanese government job and gone amaku dairi again (which will lead to a third retirement), I would like to extend my sincere appreciation to all of you who are getting fucked. I would like you to know that in honor of your sacrifices, I am only spending your money at the best and sleeziest of places that Roppongi has to offer.
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Postby FG Lurker » Sat Dec 09, 2006 3:09 pm

As soon as I can escape salaryman tax hell I will do everything legally possible to not support you gb... Nothing personal but taxes suck.
And you run and you run to catch up with the sun but it's sinking
Racing around to come up behind you again
The sun is the same in a relative way, but you're older
Shorter of breath and one day closer to death
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Postby Greji » Sat Dec 09, 2006 4:18 pm

FG Lurker wrote:As soon as I can escape salaryman tax hell I will do everything legally possible to not support you gb... Nothing personal but taxes suck.


Well, I better go to Roppongi tonight while I still have your support!
:p
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Postby Samurai_Jerk » Sat Dec 09, 2006 4:20 pm

Faith is believing what you know ain't so. -- Mark Twain
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Postby kamome » Mon Dec 11, 2006 3:02 pm

30% would be a dream for me. Here in the States, between federal, state and local taxes, my salary is reduced by close to a 50% effective rate of tax. Talk about a raping...or a Jacking. :(
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Postby FG Lurker » Mon Dec 11, 2006 3:32 pm

kamome wrote:30% would be a dream for me. Here in the States, between federal, state and local taxes, my salary is reduced by close to a 50% effective rate of tax. Talk about a raping...or a Jacking. :(

Yes, if I was in the US or Canada I'd be at 50% as well, so it is low in comparison... However it is still at least 20 percentage points too high!!!

Hopefully I'm a nonsalaryman by this time next year, or nearly so. Aah, deductions, glorious deductions.
And you run and you run to catch up with the sun but it's sinking
Racing around to come up behind you again
The sun is the same in a relative way, but you're older
Shorter of breath and one day closer to death
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Postby Samurai_Jerk » Mon Dec 11, 2006 4:17 pm

FG Lurker wrote:Yes, if I was in the US or Canada I'd be at 50% as well, so it is low in comparison... However it is still at least 20 percentage points too high!!!

Hopefully I'm a nonsalaryman by this time next year, or nearly so. Aah, deductions, glorious deductions.


I heard from a Swedish friend who's better off than me that once you pass a certain salary level, which I unfortunately haven't passed yet, J taxes start looking like Scandanavia.
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Postby FG Lurker » Mon Dec 11, 2006 5:23 pm

Samurai_Jerk wrote:I heard from a Swedish friend who's better off than me that once you pass a certain salary level, which I unfortunately haven't passed yet, J taxes start looking like Scandanavia.

Yes, once you pass 10 million yen things start to get bad. There is one level above that but I can't remember where it starts.

Many things besides tax rates depend on your salary too. Kids daycare for example, as well as national health and of course retirement.

As with most countries the worker is the one who gets fucked the worst. It's not possible to deduct anything besides normal crap like life insurance. Owning a business changes things considerably though, many things can be partially or totally written off. A good tax accountant is worth their weight in gold.
And you run and you run to catch up with the sun but it's sinking
Racing around to come up behind you again
The sun is the same in a relative way, but you're older
Shorter of breath and one day closer to death
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