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It's easy to see why people would get around 60% back. Say you get paid twice a month -- 24 times a year and you get a year-end bonus of
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03-15-2013, 09:34 AM
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A True Z Fanatic
 
Join Date: Jan 2010
Location: Austin, TX
Posts: 1,951
Drives: '10 370ZR '13 BRZ
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It's easy to see why people would get around 60% back. Say you get paid twice a month -- 24 times a year and you get a year-end bonus of $7500. $7500 x 24 = 180,000. So your bonus may have taxes withheld as if you were making 180,000 a year. The bracket for that in 2012 was 33%. Add social security and medicare and you are pretty damn near 40%.
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