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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums1973: My grandma made $5,804.28
That was the year my Grandfather died, so she only worked 10 months, not all twelve months.
She had to get a job after he died.
Fortunately, her house was paid for.
Here was her taxes:
Federal withheld: $830.70
FICA: $336.03
State: $83.09
Just found it interesting. Paperwork was found while cleaning out her house.
My, how things have changed!
sinkingfeeling
(51,477 posts)Blue_true
(31,261 posts)He was an unskilled laborer.
$ 7200.00 as a second year teacher in upstate NY.
Ms. Toad
(34,109 posts)paid $10,005.
Massacure
(7,526 posts)The other interesting thing is that the federal government withheld about 20% of her pay. In today's world, that would be about 15% (assuming your W4 was filed as single and not married).
Indykatie
(3,697 posts)I remember thinking I was well paid at the time.
roamer65
(36,747 posts)Everything is about 10x as high as it was when I was born. 1965.
pansypoo53219
(21,001 posts)jaysunb
(11,856 posts)Selling Volkswagens.