- Apr 1, 2011
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No, you don't. You fell for a hoax.I do.
Seems you dont.
But whatever works for you.
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No, you don't. You fell for a hoax.I do.
Seems you dont.
But whatever works for you.
Ok, one way is for lazy illiterates.
well here, let me ask you a simple question, did Al Sharpton avoid paying taxes, yes or no?Why would I know that? Do you just assume I defend democrats regardless of what they actually do? I don’t. I don’t blindly defend them like you do republicans Yep, they failed to make the wealthy pay their fair share.
Or you might get a 1099 because you earned money from investments. Doesn't mean you liquidated they money, so it isn't earned income until you exercise the investment.really?
The employer submits the 1099 for IRS comparison to the 1099 recipient and his/her return.
Now, ifd you receive a 1099 it means during the course of the year, you earned at least 600 a year with that business. If you do not file quarterly, you will be penalized and charge interest for money earned each quarter prior to the fourth quarter.
You actually called me a moron in the same sentence where you said you don't file the 1099. You are required to do so by law as a recipient of the 1099.
LMAo ...and you called me a moron.
Classic.
I don’t know. Maybe. I don’t give a shit about Sharpton. I don’t mindlessly, knee jerk defend any democrat like you do with republicans.well here, let me ask you a simple question, did Al Sharpton avoid paying taxes, yes or no?
I fell for a hoax?No, you don't. You fell for a hoax.
that's exactly what a sheeple would say rather than being honest that ole Al avoided paying his taxes. How can one debate with someone like you who ignores basic facts? It isn't achievable to have an honest discussion and it isn't who you are.I don’t know. Maybe. I don’t give a shit about Sharpton. I don’t mindlessly, knee jerk defend any democrat like you do with republicans.
/----/ Yeah, I understand. I worked for Fortune 50 companies that explained our true compensation at every yearly review. Here's a calculator. Put in your salary and comps and see your true cost to your employer.I do.
Seems you dont.
But whatever works for you.
Lol okay he didn’t pay taxes. Are we done?that's exactly what a sheeple would say rather than being honest that ole Al avoided paying his taxes. How can one debate with someone like you who ignores basic facts? It isn't achievable to have an honest discussion and it isn't who you are.
Let's just call a fact a fact. Here's the info on ole Al.
How Much Does Al Sharpton Owe In Taxes?
A report says that Reverend Al Sharpton and his for-profit businesses owe a chubby $4.5 million in state and federal taxes. According to Sharpton's lawyer, the notice of federal tax lien refers to Sharpton's federal income tax return for the year 2009, which has been extended until October 15...kiiky.com
in other words....you dont have any way to refute what I said so instead you chose to claim it is irrelevantYou're higgling about stuff minutia that doesn't matter. That's because you know you are wrong.
Let this be a lesson in tax politics. The wealthy and corporations are not “taxed enough already” because they do not pay the OFFICIAL tax rate. They pay an EFFECTIVE tax rate.
Trump paid $716 in federal taxes in 2016 and 2017. The average 20k household plays more than $800. Those making between 50k and 75k pay an average of 5k in taxes.
“Real estate offers some unique tax advantages, mainly the ability to write off depreciation against income. It’s common for a real estate investor to show a loss on their income tax return while receiving positive cash flow for the year.
Fractional real estate investors also receive similar benefits. The investment platform Arrived Homes, known for letting investors buy shares of rental properties with as little as $100, paid out $47,000 in dividends to investors in 2021, but only about $2,800 was considered taxable income. The rest was nontaxable return of principal.
That means Arrived Homes investors collectively only needed to report $2,800 in taxable income, despite receiving $47,000 in dividends. Arrived Homes has already paid out $303,000 in dividends so far in 2022 and investors will likely get another nice break come tax time next year.
Another likely reason for Trump’s low tax bills is the use of a tax loss carryforward. Companies such as The Trump Organization can carry losses over from one year to offset taxes in subsequent years. Trump used this strategy after realizing nearly $1 billion in losses in the early 1990s. He was able to carry those losses over each year until 2005.”
How Donald Trump Paid Less In Taxes Than A Household Earning Only $20,000 Per Year
Donald Trump has taken a lot of heat over the years about his income taxes or, more specifically, his ability to get out of paying what most would consider his fair share. Trump has kept a tight grip on his tax returns, becoming the first president in 40 years not to release them to the public...finance.yahoo.com
the fact you couldn't just answer the first ask is inherent to the bullshit you bring in here daily. Dishonest until you can't be.Lol okay he didn’t pay taxes. Are we done?
they follow tax law? how about ole Al here?Well now we know what Trump and his base have in common
No offense....but I had a shoulder pain and went on the internet and told I likely had bone cancer. I went to the orthopedist and he showed me my MRI and it appeared I had serious shoulder issues form my collegiate athletic days back in the late 70's./----/ Yeah, I understand. I worked for Fortune 50 companies that explained our true compensation at every yearly review. Here's a calculator. Put in your salary and comps and see your true cost to your employer.
Employee Total Compensation Calculator
www.calcxml.com
All the more reason to rewrite the tax code completely and get it down to 5 pages.
No, that's wrong.
Yes, that's how it works. Where you go wrong is in believing that additional 15% comes out of your pocket rather than the employee's. That's a hoax the government likes to cultivate.I fell for a hoax?
I have owned on run a dozen companies. I have had partners, accounting advisors and experienced a number of audits with nothing found to be askew.
But you...a poster on some message board knows better. Cool.
Let me put it his way...
The statutory cost of an employee is about 15% of their annual income. This includes insurance contribution by the employer as well as payroll tax which, by definition (not skewed by politics), is what an emploer pays in addition to the gross pay of the employee.
Now...that 15% is based on my experience in NY and it may be different elsewhere.
But if I pay an employee 100K, he/she will cost me 115K ro carry.
That is how it works.
How are they "squatting" and "making everyone else pay?"That I indeed support. Too bad rightwingers don't want to, they just want to squat for free and make 'everybody else' pay.
It's actually Democrats who promote the deductions, moron. Remember, it was Reagan, a Republican, who got rid of them all.No, it isn't; you just like to pretend all those deductions and shelters don't exist for some reason, even though we know Republicans promite them all the time, it's their core business.