Columbia financial aid

Columbia2002
Mon, 11 Feb 2008 00:14:59 +0000

ok, so we’re both wrong…clearly adding 8% the way you did is wrong.



No, just still haven’t a clue about any of this. You’re just wrong. You say that the FICA taxes are the same as income tax. You wholly ignore the AMT. And so on. You’re fundamentally out of your league even in terms of understanding the basics.

Besides, the SDI cap isn’t all that relevant because we’re talking about joint filers making an aggregate of 200k here.



sounds like educating myself on something like that would be quite a waste of time…even if i was making 200k since you can just pay someone a couple hundred bucks to take care of it for you



Um, it makes sense to understand the basics of how the tax system works if you actually earn a paycheck. You should know how various investments are taxed so you know whether to do 401k’s, IRAs, tax-free savings accounts, short and long term equities, etc. You should know how deductions work so you know how you’ll be affected if you buy rather than rent. People who make money understand this stuff so they know how to make even more money.



so, even though you claim i’m “as naive as a high school student on the issue” you really haven’t made any argument that would disprove my calculation…



Your “calculation” is already at 35%, and you forgot to add in FICA. So we’re well over 40% already.