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The Leslie Corporation |
WELCOME TO LESLIECORP.COM |
r e c r u i t i n g e x c e l l e n c e s i n c e 1 9 7 7 |
Net Income And Tax Savings Worksheet |
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More important than how much you make each year is how much is left over for savings
at the end of the year. The average American now works until June 11 of each
year just to pay his taxes! Fill out the chart below to compare the savings potential
when working in a tax-free, expense paid job. |
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United States |
Items |
Tax-Free Country |
Yearly Net Income |
Mortgage/Rent per year plus home insurance, property taxes, maintenance |
Utility bills per year include electric, gas, water, sewer, cable, phone, trash |
Health Insurance include premiums, deductables, co-payments |
Food, Clothing, Entertainment |
Car Payment and Operation |
TOTAL EXPENSES |
POTENTIAL EARNINGS LEFT |
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$ (0,000) |
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$ (0,000) |
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$ (0,000) |
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Determining Your Savings Potential |
Roughly the same as what you pay in the US |
Provided free of charge |
Provided free of charge |
Provided free of charge |
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The first step is to establish what your NET income really is. Most people have no
accurate idea of their NET income because they don't write a check for their
taxes (they are taken from you before you receive your paycheck). The chart below
is designed to help you arrive at your actual NET income. |
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Gross Income enter your yearly gross income from all sources |
Federal Tax multiply your gross income times the appropriate percent and enter the result $00,000 to $ 25,454 = 15% $25,454 to $ 53,716 = 28% $53,716 to $122,746 = 31% |
Social Security Tax multiply gross income times .0765 (7.65%) and enter the result |
State Income Tax enter your state income tax, if any (average state income tax is 6%) |
Net Income deduct the federal, social security and state taxes from your gross income and enter the result. |
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Determining Your Net Income |
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