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Author Topic: Can't Wait Any Longer Donatathon - Remember, you're still waiting...  (Read 49812 times)

Keizo

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #240 on: November 19, 2009, 05:23:14 pm »

I liked the positive message of this topic and donated $20 just now.

Of course, when the next version is released, more donations will follow. But that goes without saying. :)
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Grimlocke

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #241 on: November 19, 2009, 06:46:46 pm »

Donoted the remaining 20.02 euros on my paypal account to the cause.


Look at Paypal being cheap though.
I had to enter the amouth in USD, so after donating 29.09$, paypal insisted on taking 0.01 euros from my bank account!
As 29.09$ is 20.02106031 euros.
The cheap bastards round off their numbers wrong to make 1 cent profit. Bankers and busynessmen are such lowly people  ;D

On another subject entirly, you dont need completelly different tastes in games to like both DF and the Total War series, the living proof being me.
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Idiom

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #242 on: November 19, 2009, 07:30:45 pm »

...my quick MS calculator curiosity shows that Toady, if he were working a 40 hour workweek in 2008, he made somewhere around 15$ to 16$ an hour.

As of this year, MS calculator says a little over 12$ an hour if he were working a standard 40 hour workweek so far. Likely this will jump up with the impending release.

On an actually related note, I have some Top Raman I can donate.
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Footkerchief

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #243 on: November 19, 2009, 07:51:01 pm »

On an actually related note, I have some Top Raman I can donate.

We're trying to help him here.
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woose1

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #244 on: November 19, 2009, 08:33:47 pm »

I can donate a quiet prayer of love and forgiveness.  :)


...yeah, I'm poor. Sorry mate!
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platypus

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #245 on: November 19, 2009, 09:03:09 pm »

I was going to wait until after the release, but someone annoyed me enough to prompt me to donate $100 right away.

GO TARN! \o/
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Kardos

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #246 on: November 19, 2009, 10:59:47 pm »

Dwarf Fortress, where the players solve problems not even implemented yet, and where the players donate to Toady and ThreeToe to vent off steam.
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Keizo

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #247 on: November 20, 2009, 01:12:34 pm »

...my quick MS calculator curiosity shows that Toady, if he were working a 40 hour workweek in 2008, he made somewhere around 15$ to 16$ an hour.

As of this year, MS calculator says a little over 12$ an hour if he were working a standard 40 hour workweek so far. Likely this will jump up with the impending release.

This might be a taboo topic, but do you think Toady has to pay taxes on that $12-$15/hr? I imagine he does. And with that in mind it makes me consider upping my donation amounts...
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Mephansteras

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #248 on: November 20, 2009, 01:18:12 pm »

He does. He talked about taxes and paypal fees and stuff at one point. I think maybe the Status Report in January or February of this year. Somewhere around there.
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Timst

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #249 on: November 20, 2009, 02:06:16 pm »

I'm wondering, what is the minimal wage in USA ?

In france it's about 1300 € a month (raw, actually it's more like 1000 € net, which translate to around $1485). But then again, the cost of life is higher here than in the US.

And yes, I'd too like to know what are the taxes for donations, if it's not too personal. It'a peculiar business model, so it raise questions :)

Mephansteras

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #250 on: November 20, 2009, 02:08:08 pm »

Might depend a bit on the laws of Washington State, but basically it counts as income for him. So he'll have to pay taxes as a self-employed business based on the amount he makes.

Not sure off the top of my head what that is, but it's going to be something like 10-20% I would imagine.
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Aqizzar

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #251 on: November 20, 2009, 02:10:43 pm »

Depends on what his total for the year is.  I wonder if he's thought of incorporating...
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Mephansteras

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #252 on: November 20, 2009, 02:12:39 pm »

That's true, if he's registered as a business he should be able to deduct a good portion of his apartment as Office Space, which can help a good bit. Plus deducting things like the cost of a new computer or whatnot. Very helpful!
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PermanentInk

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #253 on: November 20, 2009, 05:24:53 pm »

That's true, if he's registered as a business he should be able to deduct a good portion of his apartment as Office Space, which can help a good bit. Plus deducting things like the cost of a new computer or whatnot. Very helpful!

I know less about business deductions than about personal deductions (and not much about that, either), but I wonder if Toady's overall income isn't too low for this to matter.  There's a standard deduction on income tax, and if your individual deductions don't add up to more than that, you're better off just taking the standard.  I bet even a very liberal interpretation of his costs as business expenses would fall well short of this, but I don't really know.  Also, I imagine there are restrictions on things like claiming rent on your primary residence as a business expense, since it's obviously also personal.  I bet resources on artist live/work spaces would have useful info on this.
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Heron TSG

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Re: Can't Wait Any Longer Donatathon - Over $2000
« Reply #254 on: November 21, 2009, 06:06:27 pm »

Might depend a bit on the laws of Washington State, but basically it counts as income for him. So he'll have to pay taxes as a self-employed business based on the amount he makes.

We have sales tax, not income tax, and therefore only federal taxes would apply.
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