I have a label that I can almost get transparent.

The surrounding label is, but the transparent parts of the image itself arent.

I've tried saving it as both gif an d png with no luck.

what am i doing wrong?
Nothing. When you add an image to the label it replaces transparency with the background color of the label.
In response to ExPixel
Then what's the point of transparent labels?
In response to Saucepan Man
Text on the label will blend in with the background of the window.
In response to ExPixel
*Small awkward cheer from random guy at the back of the room - which is cut off abruptly by no one else cheering and looking at him strangely*

In response to Saucepan Man
It's been suggested already and it should've been implemented by now but the staff has other priorities.
In response to MDC
How dare they!*
In response to Saucepan Man
I guess the only thing to do would be to vote for it. Hopefully they add this soon. BYONDHelp?command=view_tracker_issue&tracker_issue=1623