08-17-2018, 03:45 PM
(08-17-2018, 02:45 PM)PhilHos Wrote: It's always fun when young people get their first paycheck and invariably, one of their first questions is "What's FICA? And why is it taking my money?"
My son's first job was at a pizza place when he was 15. He asked if I could take him to buy a PS game the weekend after he got paid. I asked him how many hours he worked (I knew it was less than 10). I told him he wouldn't have enough cash and he went through the whole "$7.55 times 9 hours" thing.
He was disappointed when his $63.50 turned into about $47.
![[Image: 4CV0TeR.png]](https://i.imgur.com/4CV0TeR.png)