DH gets raise and bonus, ex-wife profits
We had some good news lately. I lost my job and we were worried about DH's job too. But after his performance review not only did he get a $7000/yr raise, he got a $10,000 bonus. That was great news, right when I lost my job and we need the extra income while I look for another one.
Then I did the math. DH's seperation agreement says that he adjusts his CS payments every year, based on last years income. Which means we have to ADD $17,000 to his income and pay CS on this new amount.
What really gets me is it is the GROSS amount (17K) meanwhile, bonuses are taxed at 50% in this country (Canada) and the 7K put him in a higher tax bracket too! So, we'll get $5000 or so from the bonus, and an extra $291/month in income.
However, we now have to pay ex-wife and extra $248/month in Child support. So his "raise" of 7K gives us and extra $43/month in income. But here is the cruncher, his shared extra expenses now go up. She recently got a job (finally) but he will still be paying over 80% of all "extras" Because there are so many, we will actually PAY OUT MORE than the extra $43/month in income.
So what the HECK is wrong with this picture???? We have 2 kids, she has their 2 kids. MY HUSBAND gets a raise and a bonus and SHE AND THE FIRST TWO kids benefit. DH and the "second" family get screwed again.
Welcome to the wonderful world of BM's and "first" wives. Entitled by our F*&*&ED up LAWS to DH's hard earned money. Physically divorced, but financially still married to OUR HUSBANDS!