Please raise my taxes...

[Big Black Dog]

Please raise my taxes to at least 50% of my income. I have too much money now as it is. It's only right... It's such a Democratic thing to do. I'm tired of all the bitching and moaning and complaining in Congress. If we all paid 50% of our income in taxes maybe Harry Reid would STFU and actually do something constructive and not ask for another tax increase until at least next year.

 

[G.T.]

I do wonder if people know how a progressive tax system actually works. For instance, if you fall in the 30's as a percentage (bracket) it's not all of your income that's taxed at the 30-some odd percent, but only the income over x-amount inside of said bracket. I find it amazing how many people don't actually know that, it's weird.

 

[DiamondDave]

I wonder if liberals know that INCOME TAX IS ONLY 1 tax.. and that MANY of us who actually make a 'good living' end up paying close to or over 50% of our income in taxes

 

[G.T.]

I wonder if liberals know that INCOME TAX IS ONLY 1 tax.. and that MANY of us who actually make a 'good living' end up paying close to or over 50% of our income in taxes

Word, break that down for me player.

I'd like to see it fleshed out using real data, and not hypotheticals. (honest).

For instance, just speaking federally.....if you're in the 33% tax bracket, you are taxed nowhere near 33% on all of that income so don't say "well let's see, federal I pay 33%" and then go on to add others, equalling 50. That's not how it works.

Use real data. Let's see.....

 

[boedicca]

Please raise my taxes to at least 50% of my income. I have too much money now as it is. It's only right... It's such a Democratic thing to do. I'm tired of all the bitching and moaning and complaining in Congress. If we all paid 50% of our income in taxes maybe Harry Reid would STFU and actually do something constructive and not ask for another tax increase until at least next year.

I wouldn't count on that. Some on the left will not be satisfied until they take all of our income.

 

[beretta304]

2012 Tax Brackets | The White Coat Investor- Investing And Personal Finance Information For Physicians, Dentists, Residents, Students, And Other Highly-Educated Busy Professionals

 

[G.T.]

2012 Tax Brackets | The White Coat Investor- Investing And Personal Finance Information For Physicians, Dentists, Residents, Students, And Other Highly-Educated Busy Professionals

This should help people if they don't know off hand.

 

[G.T.]

This is also interesting from said link.

These tables include the employee and employer portion of social security and medicare taxes, reduced by the self-employment tax deduction. The alarming size of the “donut hole” is impressive. A single taxpayer earning $87,000 has a higher marginal tax rate than a star NFL quarterback. Likewise, a married taxpayer earning $37,000 in taxable income pays at a higher marginal rate than one with ten times the taxable income. What’s the moral of the story? Get to that $106,800 limit as quickly as possible to lower your marginal tax rates.

 

[DiamondDave]

I wonder if liberals know that INCOME TAX IS ONLY 1 tax.. and that MANY of us who actually make a 'good living' end up paying close to or over 50% of our income in taxes

Word, break that down for me player.

I'd like to see it fleshed out using real data, and not hypotheticals. (honest).

For instance, just speaking federally.....if you're in the 33% tax bracket, you are taxed nowhere near 33% on all of that income so don't say "well let's see, federal I pay 33%" and then go on to add others, equalling 50. That's not how it works.

Use real data. Let's see.....

Gas tax
property tax
sales tax
communications tax
luxury tax
rental car tax
911 tax
capital gains tax
cigarette tax
alcohol tax
energy producers tax
unemployment
social security
state tax
county tax
city tax


the list goes on and on and on, you fucking buffoon... the amount of taxes and the amount in taxes is staggering when you break it down

just for a week, keep all receipts, bills, etc and start adding up all the different taxes you end up paying.. and that is just the ones you see up front.. many MANY are 'included in the price' behind the scenes

grow up

 

[G.T.]

I wonder if liberals know that INCOME TAX IS ONLY 1 tax.. and that MANY of us who actually make a 'good living' end up paying close to or over 50% of our income in taxes

Word, break that down for me player.

I'd like to see it fleshed out using real data, and not hypotheticals. (honest).

For instance, just speaking federally.....if you're in the 33% tax bracket, you are taxed nowhere near 33% on all of that income so don't say "well let's see, federal I pay 33%" and then go on to add others, equalling 50. That's not how it works.

Use real data. Let's see.....

Gas tax
property tax
sales tax
communications tax
luxury tax
rental car tax
911 tax
capital gains tax
cigarette tax
alcohol tax
energy producers tax
unemployment
social security
state tax
county tax
city tax


the list goes on and on and on, you fucking buffoon... the amount of taxes and the amount in taxes is staggering when you break it down

just for a week, keep all receipts, bills, etc and start adding up all the different taxes you end up paying.. and that is just the ones you see up front.. many MANY are 'included in the price' behind the scenes

grow up

I do accounting - for a living. It doesn't add up to 50% of gross income, even for the richest. Might want to watch who you call a buffoon. Your list isn't even demonstrable, people buy properties they can't afford which sort of skews things, adurr.

Cap gains tax is essentially an income tax. The dollars you "gain" on the market were not previously taxed, so "adding" that to the compiled list is perplexing.



Flesh it out. Do the actual math, show the math. It's not 50%.

 

[Mr Natural]

Show me a country that has a higher standard of living that we enjoy with lower taxes.

 

[DiamondDave]

Word, break that down for me player.

I'd like to see it fleshed out using real data, and not hypotheticals. (honest).

For instance, just speaking federally.....if you're in the 33% tax bracket, you are taxed nowhere near 33% on all of that income so don't say "well let's see, federal I pay 33%" and then go on to add others, equalling 50. That's not how it works.

Use real data. Let's see.....

Gas tax
property tax
sales tax
communications tax
luxury tax
rental car tax
911 tax
capital gains tax
cigarette tax
alcohol tax
energy producers tax
unemployment
social security
state tax
county tax
city tax


the list goes on and on and on, you fucking buffoon... the amount of taxes and the amount in taxes is staggering when you break it down

just for a week, keep all receipts, bills, etc and start adding up all the different taxes you end up paying.. and that is just the ones you see up front.. many MANY are 'included in the price' behind the scenes

grow up

I do accounting - for a living. It doesn't add up to 50% of gross income, even for the richest. Might want to watch who you call a buffoon. Your list isn't even demonstrable, people buy properties they can't afford which sort of skews things, adurr.

Cap gains tax is essentially an income tax. The dollars you "gain" on the market were not previously taxed, so "adding" that to the compiled list is perplexing.



Flesh it out. Do the actual math, show the math. It's not 50%.

I do not care what you do for a living... nor would I hire some redistribution supporter as an accountant

And it does add up... even if you only pay an 18-20% rate on income for your federal tax.. the additional taxes you see and do not see are ASTOUNDING.. and this below is just a quick glance assessment

Income Related
Federal Income Tax $25,465
State Income Tax $6,113
County Income Tax $3,996
Social Security Tax $4,624
Medicare Tax $1,958
Self-Employment Tax $0
Alternative Minimum Tax $1,223
Home Related
Real Estate Tax $5,792
Electricity Tax $198
Natural Gas Tax $140
Cable Tax $254
Federal Landline Phone Tax $130
State Landline Phone Tax $590
Personal Expenses
Federal Cell Phone Tax $91
State Cell Phone Tax $328
Federal Gasoline Tax $239
State Gasoline Tax $306
Hotel Accommodations Tax $131
State Alcohol Tax $159
Cigarette Tax $1,097
Other
Sales Tax $864
Other Personal Property Tax $350
Estimated Annual Tax Liability = $54,048 (40.04% of Income)


I suggest a new career, bub... if you don't know this as an accountant, I feel sorry for your clients

 

[DiamondDave]

Show me a country that has a higher standard of living that we enjoy with lower taxes.

Oh.. so our 'quality' of living goes up the more we are taxed?? Hell.. why not just go like the Swedes and start giving 50-70% of our income in taxes... Hell, why not 80-90%?? Because the government knows SO much better how to spend my money



grow the fuck up with your progressive 'standards' on how we live

 

[G.T.]

Gas tax
property tax
sales tax
communications tax
luxury tax
rental car tax
911 tax
capital gains tax
cigarette tax
alcohol tax
energy producers tax
unemployment
social security
state tax
county tax
city tax


the list goes on and on and on, you fucking buffoon... the amount of taxes and the amount in taxes is staggering when you break it down

just for a week, keep all receipts, bills, etc and start adding up all the different taxes you end up paying.. and that is just the ones you see up front.. many MANY are 'included in the price' behind the scenes

grow up

I do accounting - for a living. It doesn't add up to 50% of gross income, even for the richest. Might want to watch who you call a buffoon. Your list isn't even demonstrable, people buy properties they can't afford which sort of skews things, adurr.

Cap gains tax is essentially an income tax. The dollars you "gain" on the market were not previously taxed, so "adding" that to the compiled list is perplexing.



Flesh it out. Do the actual math, show the math. It's not 50%.

I do not care what you do for a living... nor would I hire some redistribution supporter as an accountant

And it does add up... even if you only pay an 18-20% rate on income for your federal tax.. the additional taxes you see and do not see are ASTOUNDING.. and this below is just a quick glance assessment

Income Related
Federal Income Tax $25,465
State Income Tax $6,113
County Income Tax $3,996
Social Security Tax $4,624
Medicare Tax $1,958
Self-Employment Tax $0
Alternative Minimum Tax $1,223
Home Related
Real Estate Tax $5,792
Electricity Tax $198
Natural Gas Tax $140
Cable Tax $254
Federal Landline Phone Tax $130
State Landline Phone Tax $590
Personal Expenses
Federal Cell Phone Tax $91
State Cell Phone Tax $328
Federal Gasoline Tax $239
State Gasoline Tax $306
Hotel Accommodations Tax $131
State Alcohol Tax $159
Cigarette Tax $1,097
Other
Sales Tax $864
Other Personal Property Tax $350
Estimated Annual Tax Liability = $54,048 (40.04% of Income)


I suggest a new career, bub... if you don't know this as an accountant, I feel sorry for your clients

40% = / = 50% and I don't even have to look at your list.

And adding in luxury taxes like cigarrettes? funny, tbh. Really funny.


Also, dont tell me what I support like some mean arrogant ass hole. You don't know, and that's a fact.

 

[boedicca]

This is also interesting from said link.

These tables include the employee and employer portion of social security and medicare taxes, reduced by the self-employment tax deduction. The alarming size of the “donut hole” is impressive. A single taxpayer earning $87,000 has a higher marginal tax rate than a star NFL quarterback. Likewise, a married taxpayer earning $37,000 in taxable income pays at a higher marginal rate than one with ten times the taxable income. What’s the moral of the story? Get to that $106,800 limit as quickly as possible to lower your marginal tax rates.

And it's ignorant and misleading. The total tax burden as a percent of income is far more revealing.

 

[Mr Natural]

Show me a country that has a higher standard of living that we enjoy with lower taxes.

Oh.. so our 'quality' of living goes up the more we are taxed?? Hell.. why not just go like the Swedes and start giving 50-70% of our income in taxes... Hell, why not 80-80%?? Because the government knows SO much better how to spend my money



grow the fuck up with your progressive 'standards' on how we live

As he misses my point exactly.

I'm not surprised.

 

[DiamondDave]

I do accounting - for a living. It doesn't add up to 50% of gross income, even for the richest. Might want to watch who you call a buffoon. Your list isn't even demonstrable, people buy properties they can't afford which sort of skews things, adurr.

Cap gains tax is essentially an income tax. The dollars you "gain" on the market were not previously taxed, so "adding" that to the compiled list is perplexing.



Flesh it out. Do the actual math, show the math. It's not 50%.

I do not care what you do for a living... nor would I hire some redistribution supporter as an accountant

And it does add up... even if you only pay an 18-20% rate on income for your federal tax.. the additional taxes you see and do not see are ASTOUNDING.. and this below is just a quick glance assessment

Income Related
Federal Income Tax $25,465
State Income Tax $6,113
County Income Tax $3,996
Social Security Tax $4,624
Medicare Tax $1,958
Self-Employment Tax $0
Alternative Minimum Tax $1,223
Home Related
Real Estate Tax $5,792
Electricity Tax $198
Natural Gas Tax $140
Cable Tax $254
Federal Landline Phone Tax $130
State Landline Phone Tax $590
Personal Expenses
Federal Cell Phone Tax $91
State Cell Phone Tax $328
Federal Gasoline Tax $239
State Gasoline Tax $306
Hotel Accommodations Tax $131
State Alcohol Tax $159
Cigarette Tax $1,097
Other
Sales Tax $864
Other Personal Property Tax $350
Estimated Annual Tax Liability = $54,048 (40.04% of Income)


I suggest a new career, bub... if you don't know this as an accountant, I feel sorry for your clients

40% = / = 50% and I don't even have to look at your list.

And adding in luxury taxes like cigarrettes? funny, tbh. Really funny.


Also, dont tell me what I support like some mean arrogant ass hole. You don't know, and that's a fact.

As stated. .that is not ALL the taxes we are paying.. and yes, people do use tobacco, and are taxed on it... and that is a tax to be included

And yeah... you have shown yourself to support far left views and progressive tax schemes, which is a support for redistribution

 

[G.T.]

I do not care what you do for a living... nor would I hire some redistribution supporter as an accountant

And it does add up... even if you only pay an 18-20% rate on income for your federal tax.. the additional taxes you see and do not see are ASTOUNDING.. and this below is just a quick glance assessment

Income Related
Federal Income Tax $25,465
State Income Tax $6,113
County Income Tax $3,996
Social Security Tax $4,624
Medicare Tax $1,958
Self-Employment Tax $0
Alternative Minimum Tax $1,223
Home Related
Real Estate Tax $5,792
Electricity Tax $198
Natural Gas Tax $140
Cable Tax $254
Federal Landline Phone Tax $130
State Landline Phone Tax $590
Personal Expenses
Federal Cell Phone Tax $91
State Cell Phone Tax $328
Federal Gasoline Tax $239
State Gasoline Tax $306
Hotel Accommodations Tax $131
State Alcohol Tax $159
Cigarette Tax $1,097
Other
Sales Tax $864
Other Personal Property Tax $350
Estimated Annual Tax Liability = $54,048 (40.04% of Income)


I suggest a new career, bub... if you don't know this as an accountant, I feel sorry for your clients

40% = / = 50% and I don't even have to look at your list.

And adding in luxury taxes like cigarrettes? funny, tbh. Really funny.


Also, dont tell me what I support like some mean arrogant ass hole. You don't know, and that's a fact.

As stated. .that is not ALL the taxes we are paying.. and yes, people do use tobacco, and are taxed on it... and that is a tax to be included

And yeah... you have shown yourself to support far left views and progressive tax schemes, which is a support for redistribution

Show me one far left view I've supposedly shown, hot shit.

 

[DiamondDave]

Show me a country that has a higher standard of living that we enjoy with lower taxes.

Oh.. so our 'quality' of living goes up the more we are taxed?? Hell.. why not just go like the Swedes and start giving 50-70% of our income in taxes... Hell, why not 80-80%?? Because the government knows SO much better how to spend my money



grow the fuck up with your progressive 'standards' on how we live

As he misses my point exactly.

I'm not surprised.

No.. the point is you think that our quality of living is a result of our tax rates or our government's help... and ones like you usually start bringing up socialist styled 'ratings' that show Sweden or other redistributive countries as 'proof'...

You miss the very point that you were basing your shit on

 

[tjvh]

The Democrats argued that they only wanted to Tax the rich, until they discovered that simply Taxing the rich wasn't going to generate enough revenue to maintain their outrageous entitlement spending... They'll blame it on Republicans, but the reality is that everyone who makes a paycheck is going to have to ante up to continue the fiscal recklessness the Dems have embarked upon. Get it though your heads... They are looking forward to driving us all off that cliff... And while they are using their hand pointing at and blaming Republicans they will have their other hand grasped firmly upon your wallet, and it wont mean squat that you make less than 250 thousand.