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Re:FICO to incorporate buy-now-pay-later loans into credit s... by JamesBarney on Tuesday June 24, 2025 @02:27PM (#44369195)
A family that makes 80k spends about

- 9400 on federal income taxes

- 12,000 on payroll taxes (including corp chunk b/c of economics)

- 3000-9000 on sales/property/stage income taxes

That's a pretty big chunk.

Re:FICO to incorporate buy-now-pay-later loans into credit s... by BobaFloutist on Tuesday June 24, 2025 @03:19PM (#44369916)
I guess I don't really count payroll taxes since it's not a line item in my budget. Anyway, that's certainly a bigger chunk than I was envisioning.