Interesting little tidbit

Harry 6674 · 11-12-2010, 02:23 PM

I think the army gave me an extra $50.00 per month.

Stewart Way · 11-12-2010, 04:47 PM

Tim
Your right, and what the expenses don't eat, since he is an Independent Contractor, he has to pay 15.3% SS, 20-26% Fed Tax and likely 6% State tax on what he pulls out for pay. That takes care of over 40% of what is left. Not too much all considered.
Harry
My Haz. duty pay was 90/mo. in 73-74

Greg Hill · 11-12-2010, 05:01 PM

i guess my point is why would you use the association's money to pay a parachute jumper?

Stewart Way · 11-12-2010, 05:44 PM

Oh, I thought your point was something else since you seemed to be claiming Nepotism. He is just part of the show. NHRAs effort to keep a stuntman off the doles of unemployment.

11-12-2010, 02:23 PM	#1
Harry 6674 Senior Member Join Date: Dec 2006 Posts: 589 Likes: 0 Liked 0 Times in 0 Posts	Re: Interesting little tidbit I think the army gave me an extra $50.00 per month.

11-12-2010, 04:47 PM	#2
Stewart Way Member Join Date: Aug 2003 Location: Atlanta Posts: 476 Likes: 20 Liked 70 Times in 22 Posts	Re: Interesting little tidbit Tim Your right, and what the expenses don't eat, since he is an Independent Contractor, he has to pay 15.3% SS, 20-26% Fed Tax and likely 6% State tax on what he pulls out for pay. That takes care of over 40% of what is left. Not too much all considered. Harry My Haz. duty pay was 90/mo. in 73-74 __________________ Stewart Way 2424 SS

11-12-2010, 05:01 PM	#3
Greg Hill VIP Member Join Date: May 2006 Location: Louisville , KY Posts: 1,995 Likes: 68 Liked 279 Times in 68 Posts	Re: Interesting little tidbit i guess my point is why would you use the association's money to pay a parachute jumper? __________________ Greg Hill 4171 STK

11-12-2010, 05:44 PM	#4
Stewart Way Member Join Date: Aug 2003 Location: Atlanta Posts: 476 Likes: 20 Liked 70 Times in 22 Posts	Re: Interesting little tidbit Oh, I thought your point was something else since you seemed to be claiming Nepotism. He is just part of the show. NHRAs effort to keep a stuntman off the doles of unemployment. __________________ Stewart Way 2424 SS