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(former)FormerSanDiegan
ParticipantInflation.
August 11, 2010 at 3:56 PM in reply to: Are federal workers overpaid? Avg 123k?? It’s insane! #589614Participant[quote=bubba99]
The GS salary schedules have crept up by about $17,000/year since 2004. [/quote]
Must be a typo. That would total $102,000 increase over 6 years.
August 11, 2010 at 3:56 PM in reply to: Are federal workers overpaid? Avg 123k?? It’s insane! #589708Participant[quote=bubba99]
The GS salary schedules have crept up by about $17,000/year since 2004. [/quote]
Must be a typo. That would total $102,000 increase over 6 years.
August 11, 2010 at 3:56 PM in reply to: Are federal workers overpaid? Avg 123k?? It’s insane! #590243Participant[quote=bubba99]
The GS salary schedules have crept up by about $17,000/year since 2004. [/quote]
Must be a typo. That would total $102,000 increase over 6 years.
August 11, 2010 at 3:56 PM in reply to: Are federal workers overpaid? Avg 123k?? It’s insane! #590351Participant[quote=bubba99]
The GS salary schedules have crept up by about $17,000/year since 2004. [/quote]
Must be a typo. That would total $102,000 increase over 6 years.
August 11, 2010 at 3:56 PM in reply to: Are federal workers overpaid? Avg 123k?? It’s insane! #590660Participant[quote=bubba99]
The GS salary schedules have crept up by about $17,000/year since 2004. [/quote]
Must be a typo. That would total $102,000 increase over 6 years.
ParticipantThe real story on the 3,8% tax is not on sale of primary residence.
Its impact will be greater on investment income and sale of investment properties.
If you make 150K and sell a rental property for more than 100K profit, you will be hit.
Currently it hits those making more than 250K. Is this indexed for inflaiton ? Or will it ensnare a bunch of us in 20 years (much like the AMT currently does) because it is not indexed to inflation?
ParticipantThe real story on the 3,8% tax is not on sale of primary residence.
Its impact will be greater on investment income and sale of investment properties.
If you make 150K and sell a rental property for more than 100K profit, you will be hit.
Currently it hits those making more than 250K. Is this indexed for inflaiton ? Or will it ensnare a bunch of us in 20 years (much like the AMT currently does) because it is not indexed to inflation?
ParticipantThe real story on the 3,8% tax is not on sale of primary residence.
Its impact will be greater on investment income and sale of investment properties.
If you make 150K and sell a rental property for more than 100K profit, you will be hit.
Currently it hits those making more than 250K. Is this indexed for inflaiton ? Or will it ensnare a bunch of us in 20 years (much like the AMT currently does) because it is not indexed to inflation?
ParticipantThe real story on the 3,8% tax is not on sale of primary residence.
Its impact will be greater on investment income and sale of investment properties.
If you make 150K and sell a rental property for more than 100K profit, you will be hit.
Currently it hits those making more than 250K. Is this indexed for inflaiton ? Or will it ensnare a bunch of us in 20 years (much like the AMT currently does) because it is not indexed to inflation?
ParticipantThe real story on the 3,8% tax is not on sale of primary residence.
Its impact will be greater on investment income and sale of investment properties.
If you make 150K and sell a rental property for more than 100K profit, you will be hit.
Currently it hits those making more than 250K. Is this indexed for inflaiton ? Or will it ensnare a bunch of us in 20 years (much like the AMT currently does) because it is not indexed to inflation?
August 10, 2010 at 1:51 PM in reply to: Are federal workers overpaid? Avg 123k?? It’s insane! #588921ParticipantI stand corrected. Reading further down in this thread I see the direct job-for-job comparison by USAToday. I was surprosed by this result, and retract my previous statements.
Fire them all.
[quote=FormerSanDiegan][quote=jficquette]We are talking double the pay for private employees. Double the pay for jobs that are mostly unneeded.[/quote]
It is NOT double the pay for the same or similar job. It is a comparison of general population (which includes retail employees, sanitation, fast-food, etc) to a specific population which is primarily administrative.
(most of the government jobs that would be equivalent to these lower paying jobs are contracted out and not performed by federal employees).It is an apples-to-oranges comparison.[/quote]
August 10, 2010 at 1:51 PM in reply to: Are federal workers overpaid? Avg 123k?? It’s insane! #589457ParticipantI stand corrected. Reading further down in this thread I see the direct job-for-job comparison by USAToday. I was surprosed by this result, and retract my previous statements.
Fire them all.
[quote=FormerSanDiegan][quote=jficquette]We are talking double the pay for private employees. Double the pay for jobs that are mostly unneeded.[/quote]
It is NOT double the pay for the same or similar job. It is a comparison of general population (which includes retail employees, sanitation, fast-food, etc) to a specific population which is primarily administrative.
(most of the government jobs that would be equivalent to these lower paying jobs are contracted out and not performed by federal employees).It is an apples-to-oranges comparison.[/quote]
August 10, 2010 at 1:51 PM in reply to: Are federal workers overpaid? Avg 123k?? It’s insane! #589565ParticipantI stand corrected. Reading further down in this thread I see the direct job-for-job comparison by USAToday. I was surprosed by this result, and retract my previous statements.
Fire them all.
[quote=FormerSanDiegan][quote=jficquette]We are talking double the pay for private employees. Double the pay for jobs that are mostly unneeded.[/quote]
It is NOT double the pay for the same or similar job. It is a comparison of general population (which includes retail employees, sanitation, fast-food, etc) to a specific population which is primarily administrative.
(most of the government jobs that would be equivalent to these lower paying jobs are contracted out and not performed by federal employees).It is an apples-to-oranges comparison.[/quote]
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