I'm from Alaska the PFD is taxed just like regular income it comes out of your gross income also we don't get the whole thing anymore the Democrats have stolen over 65% of it every year forever now don't comment on something if you don't f****** know what happens in Alaska
That’s everywhere in Canada and most other developed countries. The US is one of the only developed countries with very low taxes in most states. Some states like California are an exception to that though
@@tylerclayton6081 that’s because everywhere else in the developer world. Besides, the United States is basically not a free country anymore. They are getting worse and worse going back to the monarchy days.
As someone from Illinois (it’s pretty similar here income tax wise) that’s actually not that bad. 100k in IL would be like 72,000 after taxes, plus I’m sure Alaska is a heck of a lot prettier than Illinois 😂
Things are more expensive. The property taxes in anchorage are high. There isn’t a lot of land in Anchorage to build homes (mountains on one side, ocean on the other) so housing. So spendy, Gasoline is near Cali prices. Vehicles, toys and everything else are more expensive because everything has to be shipped on a barge or a truck. I lived in Alaska for nearly 9 years. It’s not big city prices, but it’s higher.
He gets excited enuff about his shopping trip to make a video..which is a sign that Alaska is way to expensive!! I’d love to give it a try but ran into an engineer..a well paid engineer and I’m an X-ray tech and he said a three week job there nearly broke him and it’s just so frustrating
In belgium it would be 45% for the individual income tax then 13.something % for the ONEM (workers benefit) and then whatever tax your city needs oh and your boss had to pay a 25 % tax on the 100k as well, and the VAT tax is up to 21%
@@jessicamedley3454 technically you dont really see it if you are a wage worker its all taken out before you get your check, and 60 percent would only be for people making like more than 50k a year (its taken out in tranches) and the boss tax you dont see it at all but yeah we are one of the most taxed "free" economies in the world
If your in anything medical, nursing, etc.. there’s lots and it pays higher than the national average for those jobs. There’s definitely lots of professional jobs available. Like after you get an education in the lower 48 come up with a good paying career. The trades are big, plumbers make bank, anything mining or oil. What type of work you do?
There’s for sure general labour jobs if that’s what you mean, but nothing like some of the places in the south I’ve been. I’m my opinion it’s not worth it long term up there unless the pay is great. It’s real expensive to live up there too
NOT A TAX EXPERT. I did write software for company payroll systems, so this is based on what I learn doing that and my own experience since retirement. Ignoring taxes that you pay that do NOT come out of your paycheck (sales, property, insurance (which is not a tax), this seems about right. You will start getting some of the FICA after 65 when you go on Medicare and when you retire and draw on SS. Depending on when you retire, how long you live, and how much you paid in, etc., you could end up getting most or all of that back. Also, part of the FICA is matched by your employer (unless you are self-employed), which is additional money. Again, not an expert. If have something wrong, I apologize and please let me know for the future.
Yes your federal tax is going to be exactly the same it just depends on how much you make so it doesn't matter if you live in Alaska or if you live in California you're going to pay the same Medicare tax and federal tax it all depends on the amount of gross income the only big difference is we have no income tax
Yeah but everything from consumables and services pay up the ass and it makes you feel like you make 30k. I make 75 and barely afford a home. Also if you’re from cali, I was from there and I would make a little more and still can buy a home so don’t at me.
@@x-mess Looks good on paper…….. But here are you cons: Top 5 inflation rate High crime rate per 100k Huge schedule 1 drug presence Top 5 DUIs 2 seasons (freezing winter/ spring, summer is a dice roll) 20 plus hours per day of darkness in winter Road conditions Rusty cars J walking moose Amazon prime is like a week Top 10 in corruption Everything is expensive Snow days are non existent Sarah Palin List goes on…..
@@Jack-xy5xq I guess if you're renting you don't care about property tax, but the reality is that rent is paying someone's property tax., and, it's a tax.
That's the FICA. The percentages are odd, but for W2 employees it's 6.2% SS on the first 147,000$, for a max of $9,114; 1.45% Medicare tax on the first $200,000 of wages ($250,000 for joint returns; $125,000 for married taxpayers filing a separate return), plus 2.35% Medicare tax (regular 1.45% Medicare tax plus 0.9% additional Medicare tax) on all wages in excess of $200,000 ($250,000 for joint returns; $125,000 for married taxpayers filing a separate return). And if you're self employed... it gets worse: 12.4% OASDI on the first $147,000 of self-employment income, for a maximum tax of $18,228 (12.4% of $147,000); plus 2.90% Medicare tax on the first $200,000 of self-employment income ($250,000 of combined self-employment income on a joint return, $125,000 on a return of a married individual filing separately), plus 3.8% (2.90% regular Medicare tax plus 0.9% additional Medicare tax) on all self-employment income in excess of $200,000 ($250,000 of combined self-employment income on a joint return, $125,000 for married taxpayers filing a separate return).
Taxes, despite the fairly corrupt Govt officials/politicians; pave the roads, make harbours, supply the infrastructure to get your Water, Electricity, Gas, etc. Be thank fun if you can earn that much or even 3/4. Geez!!??
Eh, tax percentage is wrong. You're only paying, as a single earner (taxed as single, not married, or married filing separately), 24% on income above $89,076, PLUS $15,213.50. So, out of 100,000$, you'll pay: $15,213.50 - federal + 2,671.26 - (24% of 10,924, the amount over $89,076 you earned) For a total federal tax amount of $17,835.26 + HALF of FICA, if you are a W-2 employee, or ALL of FICA if you are self employed. So, income tax alone for ant state that doesn't have a state/city income tax, on $100,000 is $17,835.26. So, outside of FICA, you'd keep $82,164 before FICA. FICA isn't crazy, but it has its own breakdowns. bgm-cpa . com has an article on the social security wage base increase for 2022 that is a nice read. I can't link it here; it's disgustingly long for a URL, but you can find it pretty quickly by looking up "2022 FICA".
![NOSFERATU - Official Teaser Trailer [HD] - Only In Theaters December 25](http://i.ytimg.com/vi/b59rxDB_JRg/mqdefault.jpg)
Forgot to ADD the oil stipend give to the residents each year...
It’s a permanent fund dividend, not an oil stipend.
And it varies every year
It is not taxed
I'm from Alaska the PFD is taxed just like regular income it comes out of your gross income also we don't get the whole thing anymore the Democrats have stolen over 65% of it every year forever now don't comment on something if you don't f****** know what happens in Alaska
@@MultiRingtail - it is taxed. The federal government taxes it as regular income.
As a Alaskan we also get paid to live here!
That 2k a year or even less shouldnt even be counted.
@@STILLPHENOM it was $3284 this year. That’s 10% of what I made last year, for some people it’s pretty significant.
Yes I thought that.
@@STILLPHENOM 2k is nothing to scoff at
Not enuff to afford a shack that needs full remodel for 450k or rent that’s 3k for a hood rat apartment
Went to Fairbanks a week ago. Told my wife we moving there. I’m in Fl. She said I’ll come visit 😂 I’m still going
Florida has made me want to live in a frozen wasteland for the rest of my life.
You gotta do a Ontario Canada short. Make 100k right off the top is 40k to income tax. Brutal.
That’s everywhere in Canada and most other developed countries. The US is one of the only developed countries with very low taxes in most states. Some states like California are an exception to that though
@@tylerclayton6081 that’s because everywhere else in the developer world. Besides, the United States is basically not a free country anymore. They are getting worse and worse going back to the monarchy days.
@@tylerclayton6081 federal income tax is unconstitutional
40% for 100k is nothing its like 60% In denmark
@@brittanycunningham787really?
"The theft here isn't so bad"
lol it is bad here lol😊
Price for freedom and fresh air.Price-less🎉
I'm amazed that I only got one love but that's all I need thanks for the thumbs up.
Do you have any jobs there 😂
@@Joe.valantine Negative, but them people on their own islands are literally living there Best life
Damn I'm moving to Alaska
Alaska is amazing tax wise
Anchorage ranks top for most tax friendly cities in the country.
Ok 👍🏿 ❤ I’m on my way home RN!!
California hold my beer 😂
All these taxes were supposed to be temporary thats what they said
In Australia you would be paying 32.5%
You also forgot to add the tip for the IRS
As someone from Illinois (it’s pretty similar here income tax wise) that’s actually not that bad. 100k in IL would be like 72,000 after taxes, plus I’m sure Alaska is a heck of a lot prettier than Illinois 😂
Fucking we paying so much taxes everywhere come to vancouver bc canada fucking ridiculous
We getting ripted off for working
NY'r living in the EU. I'm envious of 22%. Enjoy your income.
You need to add back in the APF payment
I use to live off 45k a year . Could have been more, but I'd blow off work .
US Missouri
Looks pretty good but aren't things expensive there?
Not really to be honest. Its pretty standard. I can assure you anything in Cali is more expensive haha.
In a small town
I live In Alaska and that’s answer is no
Things are more expensive. The property taxes in anchorage are high. There isn’t a lot of land in Anchorage to build homes (mountains on one side, ocean on the other) so housing. So spendy, Gasoline is near Cali prices. Vehicles, toys and everything else are more expensive because everything has to be shipped on a barge or a truck. I lived in Alaska for nearly 9 years. It’s not big city prices, but it’s higher.
Seattle to Anchorage is about 15% difference over all. Further you move aways from the barge lines it gets exponentially more.
Great work
You forgot it’s 500 a week for shitty groceries for one person
You’re supposed to literally farm
@@ExploringinAmerica best comment 😂
@@ExploringinAmericashit I want that troubles! Good trouble on the farm that’s the 🇺🇸 I know
No different than any other state, except most states have income tax! I'm not sure what the point was! And that was gross income, not adjusted!✌️
He gets excited enuff about his shopping trip to make a video..which is a sign that Alaska is way to expensive!! I’d love to give it a try but ran into an engineer..a well paid engineer and I’m an X-ray tech and he said a three week job there nearly broke him and it’s just so frustrating
Is it easy to get Alaskan residency after graduation
Theft
feel I get taxed almost the same for earning half the amount
Still more than i ever made.
60% in the UK
In belgium it would be 45% for the individual income tax then 13.something % for the ONEM (workers benefit) and then whatever tax your city needs oh and your boss had to pay a 25 % tax on the 100k as well, and the VAT tax is up to 21%
Wait you’re saying you pay almost 60% of your income to taxes??
@@jessicamedley3454 technically you dont really see it if you are a wage worker its all taken out before you get your check, and 60 percent would only be for people making like more than 50k a year (its taken out in tranches) and the boss tax you dont see it at all
but yeah we are one of the most taxed "free" economies in the world
Thats so little tax holy
What abt dividend??
You forgot to add the dividend fund income.
As Alaskans, is there plenty of job opportunities or labor available?
If your in anything medical, nursing, etc.. there’s lots and it pays higher than the national average for those jobs. There’s definitely lots of professional jobs available. Like after you get an education in the lower 48 come up with a good paying career. The trades are big, plumbers make bank, anything mining or oil. What type of work you do?
There’s for sure general labour jobs if that’s what you mean, but nothing like some of the places in the south I’ve been. I’m my opinion it’s not worth it long term up there unless the pay is great. It’s real expensive to live up there too
NOT A TAX EXPERT. I did write software for company payroll systems, so this is based on what I learn doing that and my own experience since retirement. Ignoring taxes that you pay that do NOT come out of your paycheck (sales, property, insurance (which is not a tax), this seems about right. You will start getting some of the FICA after 65 when you go on Medicare and when you retire and draw on SS. Depending on when you retire, how long you live, and how much you paid in, etc., you could end up getting most or all of that back. Also, part of the FICA is matched by your employer (unless you are self-employed), which is additional money. Again, not an expert. If have something wrong, I apologize and please let me know for the future.
There's no sales tax in Alaska either.
Aren't federal taxes the same all over the country?
Yes your federal tax is going to be exactly the same it just depends on how much you make so it doesn't matter if you live in Alaska or if you live in California you're going to pay the same Medicare tax and federal tax it all depends on the amount of gross income the only big difference is we have no income tax
This is the lovely fkyu increase by biden
AUDIT YOUR GOVERNMENT PICK UP A CAMERA IN ALASKA
I live in Alaska
You all do know we were never supposed to pay income tax right? Feels like I'm the only one the knows this
It sounds pretty good.
A quarter of your salary.. has been the same way for Donkeys years..
Yeah but everything from consumables and services pay up the ass and it makes you feel like you make 30k. I make 75 and barely afford a home. Also if you’re from cali, I was from there and I would make a little more and still can buy a home so don’t at me.
Cool!
If is not bad actually
South Dakota $100k
Most people in Sodak don’t make 40
Not with Federal taxes 😒
Do Maryland…..
1 percent more than oregon
There is no difference on federal tax
Let me move to Alaska
Bad idea.
@@JAye365
Why? Moose and bears?
@@x-mess
Looks good on paper……..
But here are you cons:
Top 5 inflation rate
High crime rate per 100k
Huge schedule 1 drug presence
Top 5 DUIs
2 seasons (freezing winter/ spring, summer is a dice roll)
20 plus hours per day of darkness in winter
Road conditions
Rusty cars
J walking moose
Amazon prime is like a week
Top 10 in corruption
Everything is expensive
Snow days are non existent
Sarah Palin
List goes on…..
@@JAye365 there is nothing bad about this state other than rusty vehicles, drunks and the cold.
The shithole of my dreams
It’s nice here.
I know I was born and raised here but it has a lot of issues ( mostly heroine) and still manages to be the best state
@@choko_millck9432please, drugs are everywhere nowadays lol
That wasn’t too bad 🤔
Sounds good to me 🇦🇺
Yes farm grants like food stamps and stock options w oil and utility company ❤ add a tribal card u rolling!😂
And what about everything that you buy is taxed.
Cool 😊
What about social security?
That is FICA
Is that true they pay you to live there if so why do they pay you or anyone to live there
not bad❤
Uruguay please
Bro ice cream is 30 dollars a pint there what are the taxes
Google knows
Damn thats cheap
How about jersey lol
Do live there
Yeah but you live in alaska dude.
North Macedonia 🇲🇰 please
Doesn’t a loaf of bread cost $100,000 in Alaska?
🔰
no but fruit does.
Not that bad
Property tax?
Property tax is in all 50 states. It’s unconstitutional but when has that mattered to government.
@@Jack-xy5xq I guess if you're renting you don't care about property tax, but the reality is that rent is paying someone's property tax., and, it's a tax.
Many areas of AK do not have property taxes.
Uh what is state tax and why is it 0
No state income taxes in Alaska
States will individually tax their citizens. Alaska is the only one that not only doesn’t ask for that. But PAYS you to live there!
I make little more than that and have lived in Alaska my entire life, taxes are higher than that..
Do california now!!
How much do you get back when you file your taxes guarantee you it's more than I get in Ohio
Do china
Whst about medicare or ss?
That's the FICA. The percentages are odd, but for W2 employees it's 6.2% SS on the first 147,000$, for a max of $9,114;
1.45% Medicare tax on the first $200,000 of wages ($250,000 for joint returns; $125,000 for married taxpayers filing a separate return), plus
2.35% Medicare tax (regular 1.45% Medicare tax plus 0.9% additional Medicare tax) on all wages in excess of $200,000 ($250,000 for joint returns; $125,000 for married taxpayers filing a separate return).
And if you're self employed... it gets worse:
12.4% OASDI on the first $147,000 of self-employment income, for a maximum tax of $18,228 (12.4% of $147,000); plus
2.90% Medicare tax on the first $200,000 of self-employment income ($250,000 of combined self-employment income on a joint return, $125,000 on a return of a married individual filing separately), plus
3.8% (2.90% regular Medicare tax plus 0.9% additional Medicare tax) on all self-employment income in excess of $200,000 ($250,000 of combined self-employment income on a joint return, $125,000 for married taxpayers filing a separate return).
@@Just_Call_Me_Tim jeez Louise!
Rip
Where's the standard deduction??? Biased
Varies by person and done when filing taxes annually, not in you paycheck
Czech Republic 🇨🇿 please. Thank you!!!
Google Knows
F I CA ??
SS taxes
Add medical insurance, 5-7% towards retirement n thats going to significantly look much less.
Don't give your money to doctors, that's dumb
Taxes, despite the fairly corrupt Govt officials/politicians; pave the roads, make harbours, supply the infrastructure to get your Water, Electricity, Gas, etc. Be thank fun if you can earn that much or even 3/4. Geez!!??
75k in Idaho vs. Montana please!
Rip Off
You forgot to add sales tax so take about another 2,000 off. The land of the used to be free
No sales tax in Anchorage.
Sales tax is not an income tax.
Do Texas please
Texas has no state income taxes
Aren't you "paid" by the govt to live there?
No. It is a pfd which is paid to citizens for the drill of oil. It’s a fair share type of act. Varies from year to year.
Pff thats noting in the Netherlands is 45%
louisville Ky 40k
Eh, tax percentage is wrong. You're only paying, as a single earner (taxed as single, not married, or married filing separately), 24% on income above $89,076, PLUS $15,213.50.
So, out of 100,000$, you'll pay:
$15,213.50 - federal
+ 2,671.26 - (24% of 10,924, the amount over $89,076 you earned)
For a total federal tax amount of $17,835.26 + HALF of FICA, if you are a W-2 employee, or ALL of FICA if you are self employed.
So, income tax alone for ant state that doesn't have a state/city income tax, on $100,000 is $17,835.26. So, outside of FICA, you'd keep $82,164 before FICA. FICA isn't crazy, but it has its own breakdowns.
bgm-cpa . com has an article on the social security wage base increase for 2022 that is a nice read. I can't link it here; it's disgustingly long for a URL, but you can find it pretty quickly by looking up "2022 FICA".