4 ms·

Stupid question, but how did you pay 2012 taxes before 2012 was over?

• sybhn 14y ago
  well i didn't! hypothetically, we'd be talking about my 2011 earnings, already taxed, being retroactivity taxed (again) in fiscal year 2012.
  • muzz 14y ago
    well, that definitely is hypothetical, because that's not what happened
    • sybhn 14y ago
      "This despite the fact that I already paid my 2012 taxes back in September." fiscal year does not necessarily equals calendar year, how do you know for a fact that's not what happened?
      • muzz 14y ago
        Prop 30 raised personal income tax (and sales tax, a separate point), which is based on calendar years.