When you drivers mention your pay are you saying your gross (before taxes) or net (after taxes)?
Im going to assume NET but I just want to make sure.
When people talk about pay...
Discussion in 'Questions From New Drivers' started by runawayload, Feb 16, 2013.
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When ppl ask me about the pay,im talking after taxes.
mje Thanks this. -
dunno, i make .36 a mile + .02 if i run over 2100 miles in 7 days + .02 safety bonus paid on all miles run in a quarter. i avg 2960 miles a week. that's all GROSS. i aint getting rich, but for only having about 10 months experience. i'll take it.
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Should be gross. Deductions will vary depending upon the person's situation. Taxes, insurance, retirement contributions, etc.
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Gross!! always gross. After tax depends on to many differing factors, #dependents, health ins. child support ect
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The reason I ask is I see people say I make 700-900 or 1000 a week. If thats gross then one can assume theres roughly 40% coming out for taxes and other things.
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Who knows half the time it's BS
Ghost Ryder Thanks this. -
i think most people when quoting their salary use gross as the amount they give, regardless of what job they have. government has had us trained for years to ignore all the deductions, and take the net we get for granted. quickest way to have a revolt over the tax situation would be to make everyone actually responsible for all the payments they make to the government. instead, at this time of year, most americans are overjoyed that its tax time...means an extra paycheck that they call a refund. most are too stupid or indoctrinated to get that it was their money to begin with. and your 40% figure is WAY off. for the average 52k employee with a family of 4 the take home pay would be just over 42k per year...or about 81% of gross. single person making 52k per year would see 73% as net. this assumes you live in new york (where i live), a very high tax state. lower taxed states would result in a higher percentage. this did not take into account any refund or tax owed, but rather calculated using a gross to net calculator. of course if you pay for insurance, that might make it closer to 40%.DOTrevenuepatrol Thanks this.
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I make 28% of load pay and take home around 800 on a bad week 1200 on good one's
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