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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
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 4/15/15 at 6:07 pm to
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.
Posted by the808bass
The Lou
Member since Oct 2012
111519 posts
Posted on 4/15/15 at 6:21 pm to
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.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63997 posts
Posted on 4/15/15 at 6:27 pm to
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 by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69908 posts
Posted on 4/15/15 at 6:33 pm to
quote:

2016
Aid to Israel: $3.1B
Total welfare spending: $393B





:inb4corporatesubsidies:
Posted by Alahunter
Member since Jan 2008
90738 posts
Posted on 4/15/15 at 6:41 pm to
This year sucked in terms of paying. And frick the self employment tax.
Posted by thomass
Member since Jan 2014
3526 posts
Posted on 4/15/15 at 6:45 pm to
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 by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69908 posts
Posted on 4/15/15 at 6:47 pm to
quote:

This year sucked in terms of paying. And frick the self employment tax.




it sucks big fat purple hippopotamus dicks.



Posted by Tantal
Member since Sep 2012
13976 posts
Posted on 4/15/15 at 6:58 pm to
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 by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119144 posts
Posted on 4/15/15 at 7:28 pm to
Government entities take over 40% of my paycheck. That's about 20% too much to pay all government expenses that are necessary.
Posted by hipgnosis
Member since Mar 2015
1226 posts
Posted on 4/15/15 at 7:49 pm to
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 by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69908 posts
Posted on 4/15/15 at 7:52 pm to
I like how you're using "corporatists" instead of "capitalists" now.





You're learning, grasshopper
Posted by the808bass
The Lou
Member since Oct 2012
111519 posts
Posted on 4/15/15 at 7:55 pm to
Well, no one expects you to ameliorate your views. I certainly wasn't.
Posted by CheeseburgerEddie
Crimson Tide Fan Club
Member since Oct 2012
15574 posts
Posted on 4/15/15 at 8:10 pm to
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 by CheeseburgerEddie
Crimson Tide Fan Club
Member since Oct 2012
15574 posts
Posted on 4/15/15 at 8:11 pm to
And yes, normal taxes plus self employment tax fricking sucks.
Posted by hipgnosis
Member since Mar 2015
1226 posts
Posted on 4/15/15 at 8:21 pm to
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 by hipgnosis
Member since Mar 2015
1226 posts
Posted on 4/15/15 at 8:22 pm to
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 by LanierSpots
Sarasota, Florida
Member since Sep 2010
61660 posts
Posted on 4/15/15 at 8:24 pm to
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 by deltaland
Member since Mar 2011
90604 posts
Posted on 4/15/15 at 8:31 pm to
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 by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63997 posts
Posted on 4/15/15 at 8:35 pm to
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 by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 4/15/15 at 10:21 pm to
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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