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  • February 13, 2009 at 12:52 AM #15049
    yama
    Participant

    Greeting:

    I have a challenging question for you:

    I would like to figure out formula to calculate the following:

    Assumption:
    Annual Salary = $100,000.00
    Annual raise: 3.5% * Annual Salary
    Home price = $450,000.00
    Annnual property tax = 1.65%
    Federal Tax: 12%
    State Tax: 8%

    Figure out formula for annual tax return on property tax and mortgage per year given data listed above.

    What other helpful formula do you know?

    Thanks,

    February 13, 2009 at 7:51 AM #345712
    SD Transplant
    Participant

    There is an older topic on “what’s the perfect budget” covering various things on that yearly amount $100K. I haven’t read all the replies – but it will give you some info

    http://piggington.com/whats_the_perfect_budget

    February 13, 2009 at 7:51 AM #346032
    SD Transplant
    Participant

    There is an older topic on “what’s the perfect budget” covering various things on that yearly amount $100K. I haven’t read all the replies – but it will give you some info

    http://piggington.com/whats_the_perfect_budget

    February 13, 2009 at 7:51 AM #346139
    SD Transplant
    Participant

    There is an older topic on “what’s the perfect budget” covering various things on that yearly amount $100K. I haven’t read all the replies – but it will give you some info

    http://piggington.com/whats_the_perfect_budget

    February 13, 2009 at 7:51 AM #346173
    SD Transplant
    Participant

    There is an older topic on “what’s the perfect budget” covering various things on that yearly amount $100K. I haven’t read all the replies – but it will give you some info

    http://piggington.com/whats_the_perfect_budget

    February 13, 2009 at 7:51 AM #346272
    SD Transplant
    Participant

    There is an older topic on “what’s the perfect budget” covering various things on that yearly amount $100K. I haven’t read all the replies – but it will give you some info

    http://piggington.com/whats_the_perfect_budget

    February 13, 2009 at 10:14 AM #345826
    UCGal
    Participant

    Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)

    February 13, 2009 at 10:14 AM #346147
    UCGal
    Participant

    Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)

    February 13, 2009 at 10:14 AM #346387
    UCGal
    Participant

    Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)

    February 13, 2009 at 10:14 AM #346255
    UCGal
    Participant

    Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)

    February 13, 2009 at 10:14 AM #346288
    UCGal
    Participant

    Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)

    February 13, 2009 at 12:35 PM #346373
    cr
    Participant

    [quote=UCGal]Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)[/quote]

    Unless you’re a member of congress. Then it’s 2.8%. http://www.senate.gov/reference/resources/pdf/97-1011.pdf

    The sad thing is we pay for their increase despite getting a reduction.

    February 13, 2009 at 12:35 PM #346472
    cr
    Participant

    [quote=UCGal]Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)[/quote]

    Unless you’re a member of congress. Then it’s 2.8%. http://www.senate.gov/reference/resources/pdf/97-1011.pdf

    The sad thing is we pay for their increase despite getting a reduction.

    February 13, 2009 at 12:35 PM #346340
    cr
    Participant

    [quote=UCGal]Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)[/quote]

    Unless you’re a member of congress. Then it’s 2.8%. http://www.senate.gov/reference/resources/pdf/97-1011.pdf

    The sad thing is we pay for their increase despite getting a reduction.

    February 13, 2009 at 12:35 PM #346231
    cr
    Participant

    [quote=UCGal]Just an observation..

    I think the days of 3.5% annual increases are gone for the near term.

    More and more employers are looking at salary REDUCTIONS.

    (Yes, it sucks.)[/quote]

    Unless you’re a member of congress. Then it’s 2.8%. http://www.senate.gov/reference/resources/pdf/97-1011.pdf

    The sad thing is we pay for their increase despite getting a reduction.

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