Jump to content
Sign in to follow this  
chico

Tax Man

Recommended Posts

Well off to pay the powers that be. Blows that it has to be this way. We both get soaked claiming married with zero and still have to pay!

  • Like 1

Share this post


Link to post
Share on other sites

whats even worse is our wonderful president makes 500k a year and somehow gets off paying only 18% federal tax. Something is very wrong with that

Share this post


Link to post
Share on other sites
whats even worse is our wonderful president makes 500k a year and somehow gets off paying only 18% federal tax. Something is very wrong with that

 

Huh? What exactly is wrong with that? You think he's cheating on his taxes? :blink: :D

 

The $480K he made was adjusted gross income. You understand what that means, right?? No one pays taxes based on gross income. You pay based on your net income after deductions. He donated something like $60K to charity and I'm sure had any other standard types of deductions also.

 

You and I are treated no differently. ;)

 

S.

 

:)

Share this post


Link to post
Share on other sites
whats even worse is our wonderful president makes 500k a year and somehow gets off paying only 18% federal tax. Something is very wrong with that

 

Huh? What exactly is wrong with that? You think he's cheating on his taxes? :blink: :D

 

The $480K he made was adjusted gross income. You understand what that means, right?? No one pays taxes based on gross income. You pay based on your net income after deductions. He donated something like $60K to charity and I'm sure had any other standard types of deductions also.

 

You and I are treated no differently. ;)

 

S.

 

:)

Haha...Stanley trying to explain taxes to a guy that pays more in taxes than most people make in a year...Thats funny right there

Share this post


Link to post
Share on other sites
/>Well off to pay the powers that be. Blows that it has to be this way. We both get soaked claiming married with zero and still have to pay!

You must have a bad tax man

Share this post


Link to post
Share on other sites
whats even worse is our wonderful president makes 500k a year and somehow gets off paying only 18% federal tax. Something is very wrong with that

 

Huh? What exactly is wrong with that? You think he's cheating on his taxes? :blink: :D

 

The $480K he made was adjusted gross income. You understand what that means, right?? No one pays taxes based on gross income. You pay based on your net income after deductions. He donated something like $60K to charity and I'm sure had any other standard types of deductions also.

 

You and I are treated no differently. ;)

 

S.

 

:)

Haha...Stanley trying to explain taxes to a guy that pays more in taxes than most people make in a year...Thats funny right there

 

Not keeping track of who makes how much on here. Not into comparing salaries with folks..... Don't really care (Generally considered bad form anyway.....). I was just trying to point-out that the 18% figure is based on gross income, which really isn't a valid thing to compare it to depending on deductions. Didn't seem like he was taking that into consideration based on his comment.

 

I'm sure Shedhunteraz can and will reply for himself if he wants to though. Especially if he want's it advertised on here how much money he makes..... ;)

 

S.

 

:)

Share this post


Link to post
Share on other sites

Remember.....

 

Paying more taxes is Patriotic.

 

Joe Biden (d) Crazytown, USA

Share this post


Link to post
Share on other sites

And now the IRS is seizing our tax refunds, based on taxes owed by Deceased parents. Congress secretly lifted the 10 year statute of limitations law.

 

Pay taxes when your dead.. Only in America.

Share this post


Link to post
Share on other sites
whats even worse is our wonderful president makes 500k a year and somehow gets off paying only 18% federal tax. Something is very wrong with that

 

Just what is "wrong" with that? 18% is his effective tax rate, not his marginal tax rate. Warren Buffett, who makes billions in dividend and capital gain income a year, has about the same effective tax rate.

Share this post


Link to post
Share on other sites
/> Well off to pay the powers that be. Blows that it has to be this way. We both get soaked claiming married with zero and still have to pay!

You must have a bad tax man

 

Not really. underpaying is easy to do and something that even a really good tax preparer might set someone up for various reasons.

Share this post


Link to post
Share on other sites
And now the IRS is seizing our tax refunds, based on taxes owed by Deceased parents. Congress secretly lifted the 10 year statute of limitations law.

 

Pay taxes when your dead.. Only in America.

 

 

There goes snapshot- you and your offensive, off-color remarks :) hahaha

 

sorry I had too.....

Share this post


Link to post
Share on other sites
And now the IRS is seizing our tax refunds, based on taxes owed by Deceased parents. Congress secretly lifted the 10 year statute of limitations law.

 

Pay taxes when your dead.. Only in America.

 

 

There goes snapshot- you are your offensive, off-color remarks :) hahaha

 

sorry I had too.....

Thank you. I'll be here all week. ;)

  • Like 1

Share this post


Link to post
Share on other sites

I'm not sure what is considered average, but I get approximately 18% total taxes deducted from my checks. I get a refund this year. But not big a big one.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×