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re: I've about had enough of sending the gubmint my money
Posted on 4/15/15 at 6:07 pm to rootisback
Posted on 4/15/15 at 6:07 pm to rootisback
Meh, the pain is equal to me whether it's seeing a big delta from my gross pay to my net pay or whether it's writing the IRS a check every year.
Income taxes suck in general. We should be able to run a basic government without them.
Income taxes suck in general. We should be able to run a basic government without them.
Posted on 4/15/15 at 6:21 pm to hipgnosis
Just for fun:
2016
Aid to Israel: $3.1B
Total welfare spending: $393B
We send roughly one day of welfare payments to Israel. I'm not defending our Israel aid. I think we should cut it (and aid to the PA). But they're not in the same ballpark as far as scope.
2016
Aid to Israel: $3.1B
Total welfare spending: $393B
We send roughly one day of welfare payments to Israel. I'm not defending our Israel aid. I think we should cut it (and aid to the PA). But they're not in the same ballpark as far as scope.
Posted on 4/15/15 at 6:27 pm to PrivatePublic
quote:
Meh, the pain is equal to me whether it's seeing a big delta from my gross pay to my net pay
On this note, I feel compelled to point out that corporations simply pass their tax burden on to their customers.
So while you are paying taxes on your gross pay, directly, you are also paying taxes on your net pay, embedded in the cost of everything you buy.
All this horse shite about corporations not paying enough taxes.... they tack it on to their cost of doing business. And corporations (thus their customers) pay plenty in taxes.
Which liberal arse hat is going to be the first to post a Huffington Post "article" about some mega-corp with record profits that didn't pay taxes?
Posted on 4/15/15 at 6:33 pm to the808bass
quote:
2016
Aid to Israel: $3.1B
Total welfare spending: $393B
:inb4corporatesubsidies:
Posted on 4/15/15 at 6:41 pm to Vols&Shaft83
This year sucked in terms of paying. And frick the self employment tax.
Posted on 4/15/15 at 6:45 pm to deeprig9
In theory, the government would love it if most corporations didn't pay income tax. That would mean that a large chunk of their profits would be going towards salaries.
Posted on 4/15/15 at 6:47 pm to Alahunter
quote:
This year sucked in terms of paying. And frick the self employment tax.
it sucks big fat purple hippopotamus dicks.
Posted on 4/15/15 at 6:58 pm to the808bass
quote:
The bottom 20% have a net negative federal liability.
Those people shouldn't be allowed to vote in federal elections. No representation without taxation.
Posted on 4/15/15 at 7:28 pm to rootisback
Government entities take over 40% of my paycheck. That's about 20% too much to pay all government expenses that are necessary.
Posted on 4/15/15 at 7:49 pm to the808bass
quote:
Just for fun:
2016
Aid to Israel: $3.1B
Total welfare spending: $393B
We send roughly one day of welfare payments to Israel. I'm not defending our Israel aid. I think we should cut it (and aid to the PA). But they're not in the same ballpark as far as scope.
The jab I made about it being kosher to question Israeli aid vs bashing the black guy for buying beer isn't totally represented by those numbers. The 393 billion consists of a lot of types of welfare, from health care on down the line.
I think food stamps are between 70 and 80 billion.
Still quite a large gap, yes.
I'd probably argue we spend a lot more than 3.1 billion in the name of Israeli interests, I think that figure is sort of the official direct payments, but regardless, whatevs.
As part of a full scope debate I'd probably argue that health care costs, as they relate to the welfare total, are astronomically higher than they should be due to the nightmarish complex created by the bureaucratic and corporatist model that runs the industry.
There's a lot to say on it. I don't think the figures you shared are as telling as it might appear at first glance. And of course, there's a whole lot more than Israeli aid to tag onto that side of the debate.
Posted on 4/15/15 at 7:52 pm to hipgnosis
I like how you're using "corporatists" instead of "capitalists" now.
You're learning, grasshopper
You're learning, grasshopper
Posted on 4/15/15 at 7:55 pm to hipgnosis
Well, no one expects you to ameliorate your views. I certainly wasn't.
Posted on 4/15/15 at 8:10 pm to hipgnosis
I think a lot of people realize there is something wrong. What to do about it is a whole lot more difficult though. We were boned from the beginning, it is the political parties which are and were the problem. The "corporatists" are simply taking advantage of the situation presented to further their profits. Which is really their job anyway.
Posted on 4/15/15 at 8:11 pm to rootisback
And yes, normal taxes plus self employment tax fricking sucks.
Posted on 4/15/15 at 8:21 pm to the808bass
quote:
Well, no one expects you to ameliorate your views. I certainly wasn't.
The force is limited, my friend.
It's like the big guy in The Green Mile, so much power is needed to create magic, rest is needed on the backend.
I gave it to work today.
Presented with spaces -- in before I never unpack my views.
Posted on 4/15/15 at 8:22 pm to CheeseburgerEddie
quote:
The "corporatists" are simply taking advantage of the situation presented to further their profits. Which is really their job anyway.
What Shaft said might have thrown you off. Corporatism isn't capitalism, it might be an evolution of capitalism, if you, like some minds through history have thought. But no, the terms aren't interchangeable.
Corporatism is powerful interest groups controlling an industry, a market, an entire economy -- controlling the atmosphere of a country, or countries. Deeply rooted and intertwined relationships with government bureaucracies is a strong component of this ism. You can call it crony capitalism, state capitalism, fascism.. it's all the same genre.
This post was edited on 4/15/15 at 8:28 pm
Posted on 4/15/15 at 8:24 pm to Vols&Shaft83
quote:
This year sucked in terms of paying. And frick the self employment tax.
it sucks big fat purple hippopotamus dicks.
How many of you get the privilege of paying a Federal Excise tax.
Now take your total sales for the year. Take 10% of that and send it to Uncle Sam. Hell, I do every singe quarter.
Posted on 4/15/15 at 8:31 pm to Vols&Shaft83
quote:
And frick the self employment tax.
That's why you start the business in a relatives name and pay yourself a salary plus a "bonus" at the end of the fiscal year. The bonus puts your company 1 dollar in the red for the year. your relative writes off loss on his/her taxes and you only pay the regular income tax since you're listed as being employed by your relative.
Posted on 4/15/15 at 8:35 pm to deltaland
quote:
That's why you start the business in a relatives name and pay yourself a salary plus a "bonus" at the end of the fiscal year. The bonus puts your company 1 dollar in the red for the year. your relative writes off loss on his/her taxes and you only pay the regular income tax since you're listed as being employed by your relative.
Correct me if I'm wrong, but even as an employee, the employer still has to pay the employer portion of the payroll taxes on your behalf, therefore you are still paying the "self employment penalty" because it still comes out of the same bucket. Make sense?
Posted on 4/15/15 at 10:21 pm to rootisback
I agree. Writing rather large checks for contract work every year makes me hate my govt a little more and more. You haven't lived until you cut a personal check to the US govt for $10k +.
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