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Very Hot Topic (More than 25 Replies) Suckers! (Read 722 times)
Archie
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Re: Suckers!
Reply #30 - Feb 11th, 2019 at 12:02am
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Wadsworth wrote on Feb 10th, 2019 at 1:44pm:
On the rich, not the middle class


Just so you know.
In 2016, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid roughly $538 billion, or 37.3 percent of all income taxes, while the bottom 90 percent paid about $440 billion, or 30.5 percent of all income taxes.Nov 13, 2018

Where is your fair share?

Smiley
  

Freedom
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Wadsworth
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Re: Suckers!
Reply #31 - Feb 11th, 2019 at 8:47am
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Archie wrote on Feb 11th, 2019 at 12:02am:
Just so you know.
In 2016, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid roughly $538 billion, or 37.3 percent of all income taxes, while the bottom 90 percent paid about $440 billion, or 30.5 percent of all income taxes.Nov 13, 2018

Where is your fair share?

Smiley

Just so you know.  The top 1% owns over half the wealth.  Not only in this country, but in the world
  

PaleoCon wrote on Jul 17th, 2019 at 10:18am:
No blacks will buy that cap.  Look at the bill! It's all curved like normal people wear. The bill of the hat is supposed to be flat with a shiny goofy looking sticker in the middle of it.

No self respecting thug would be without his sticker!

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petep
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Re: Suckers!
Reply #32 - Feb 11th, 2019 at 12:47pm
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Possibly Logical wrote on Feb 10th, 2019 at 3:27pm:
Wadsworth. I would stop talking if I were you. Petep is right on this one.


I’m not sure how else to explain it to him. If your gross was the same one year to the next, but the amount you kept was higher in year two - take home pay plus or minus refund or owed - then your effective tax rate is lower.

This am abc interviewed a woman complaint about not being able to take vacation because her refund this year was half of last year. But she acknowledged her take home pay had increased each paycheck. She didn’t say if she had a net benefit or not. But it was clear she only looked at her refund amount as a means of determining if the new tax laws helped or harmed her financially.
  
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Re: Suckers!
Reply #33 - Feb 11th, 2019 at 12:52pm
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Cades Cove wrote on Feb 9th, 2019 at 6:17pm:

Our system is so byzantine and f***ed up that people think their tax refund is a source of income.

The year-over-year change in the refund amount is probably not all that correlated, if at all, with net taxation.
  

Buddy_Love wrote on Jul 16th, 2019 at 5:17pm:
I'm fine where I am. I love America. However, you don't like America, so it's you that should leave.
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petep
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Re: Suckers!
Reply #34 - Feb 11th, 2019 at 12:56pm
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Rabbit_Reborn wrote on Feb 11th, 2019 at 12:52pm:
Our system is so byzantine and f***ed up that people think their tax refund is a source of income.

The year-over-year change in the refund amount is probably not all that correlated, if at all, with net taxation.


Thank you. Then again, one would have to do a very complex math equation with a fraction to calculate effective rate. Clearly some don’t get that.
  
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Wadsworth
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Re: Suckers!
Reply #35 - Feb 11th, 2019 at 6:56pm
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petep wrote on Feb 11th, 2019 at 12:47pm:
I’m not sure how else to explain it to him. If your gross was the same one year to the next, but the amount you kept was higher in year two - take home pay plus or minus refund or owed - then your effective tax rate is lower.

This am abc interviewed a woman complaint about not being able to take vacation because her refund this year was half of last year. But she acknowledged her take home pay had increased each paycheck. She didn’t say if she had a net benefit or not. But it was clear she only looked at her refund amount as a means of determining if the new tax laws helped or harmed her financially.

That is because what you explained is inaccurate. PL knows that.  That is why he never responded to my post .  The women you described is getting her money on the front end, not the back end.  There is no decrease in her taxes
  

PaleoCon wrote on Jul 17th, 2019 at 10:18am:
No blacks will buy that cap.  Look at the bill! It's all curved like normal people wear. The bill of the hat is supposed to be flat with a shiny goofy looking sticker in the middle of it.

No self respecting thug would be without his sticker!

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AmericanMom
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Re: Suckers!
Reply #36 - Feb 11th, 2019 at 7:21pm
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Rabbit_Reborn wrote on Feb 11th, 2019 at 12:52pm:
Our system is so byzantine and f***ed up that people think their tax refund is a source of income.

The year-over-year change in the refund amount is probably not all that correlated, if at all, with net taxation.


OMG.. THANK YOU!
Most people dont realize that if you are getting a refund you have given the government an interest free loan...

While we do try to have a minimal refund if any, this past year we were uncertian how the new laws would effect us so we are getting a bigger refund than normal, but Jeff's W-2 will be adjusted to fix that..

  
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AmericanMom
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Re: Suckers!
Reply #37 - Feb 11th, 2019 at 7:25pm
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Wadsworth wrote on Feb 11th, 2019 at 6:56pm:
That is because what you explained is inaccurate. PL knows that.  That is why he never responded to my post .  The women you described is getting her money on the front end, not the back end.  There is no decrease in her taxes



Where is the money not being taken from? What TAX deduction has decreased allowing her that savings??
Gosh you are a hard headed dolt.


You should have taken the hint..
Your wrong on this.

  
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Re: Suckers!
Reply #38 - Feb 11th, 2019 at 10:30pm
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AmericanMom wrote on Feb 11th, 2019 at 7:21pm:
OMG.. THANK YOU!
Most people dont realize that if you are getting a refund you have given the government an interest free loan...

While we do try to have a minimal refund if any, this past year we were uncertian how the new laws would effect us so we are getting a bigger refund than normal, but Jeff's W-2 will be adjusted to fix that..

 

Grin Grin Grin Grin Grin Grin
Sad that you did not know that.
  

PaleoCon wrote on Jul 17th, 2019 at 10:18am:
No blacks will buy that cap.  Look at the bill! It's all curved like normal people wear. The bill of the hat is supposed to be flat with a shiny goofy looking sticker in the middle of it.

No self respecting thug would be without his sticker!

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Wadsworth
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Re: Suckers!
Reply #39 - Feb 11th, 2019 at 10:31pm
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AmericanMom wrote on Feb 11th, 2019 at 7:25pm:
Where is the money not being taken from? What TAX deduction has decreased allowing her that savings??
Gosh you are a hard headed dolt.


You should have taken the hint..
Your wrong on this.


You are wrong on this.  Your taxes did not decrease.  You are getting your money upfront.  That is why your refund is less or in some cases, people have to pay at the end of the year.
  

PaleoCon wrote on Jul 17th, 2019 at 10:18am:
No blacks will buy that cap.  Look at the bill! It's all curved like normal people wear. The bill of the hat is supposed to be flat with a shiny goofy looking sticker in the middle of it.

No self respecting thug would be without his sticker!

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