Midnight Marauder
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- Feb 28, 2009
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- #41
Let me explain the way of my world to you. I do not work, therefore have no W-4 to fill out. I make income off of day trades in the markets. They tax that windfall before you get it, to the tune of max rate which I believe is something like 38%. I have no control over that.Tax table will not change to reflect that 13.00 a week.The tax table has changed, what are you talking about?You do know that so called $13.00 a week Obama gave will count as income because the Tax table hasn't changed so next year you will actually have an added income of about $800.00 something that will be taxable.
However, at the end of the year my actual total income is below poverty level -- because I play in stocks mostly as a hobby. Therefore they owe me every penny they taxed me, back.
And always will, until they make windfall taxes non-refundable.