No. of Recommendations: 2
That's kind of a meaningless way to calculate your tax bite. And an even crazier way to come to a decision to quit a job.


But....the wife is not immersed in this finance stuff like I am and like many of us are. So imagine how this situation looks to the typical (non-finance deep-diver) person:

**wife getting ready to sign the 1040** "Holy mackerel [that's not the exact word she used], we owe the IRS $25,000?? Waitaminute, that's just about the same as what my pay for the year was!! Remind me why I am working, am I working for us or am I working for the IRS?"

Anyway, she had an unpleasant boss and working conditions, so every time she laid out her complaints to me, I thought the job wasn't worth putting up with all the BS. I kept telling her she could quit and we'd be okay financially. Seeing a check to the IRS that just about equaled her salary was the last straw. Next time she called me at work to complain about something her boss pulled, I said "Reach down under your desk, pick up your purse, stand up, toss your badge and keys on your desk and walk out."
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