This question was inspired by another thread.
As a percentage of your gross income, what is your net income? (I've attached a poll for those who would prefer to respond anonymously.)
Take net income (that's the amount is actually deposited into your account on payday.
) and divide by gross income and multiply by 100.
Since we just closed out another year, I used my annual totals for 2009.
(I have a lot of deductions from my paycheck!
Maybe everyone else does, too... )
My net pay was 40% of gross for 2009.

Take net income (that's the amount is actually deposited into your account on payday.

Since we just closed out another year, I used my annual totals for 2009.
(I have a lot of deductions from my paycheck!

My net pay was 40% of gross for 2009.
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