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One of the many quaint beliefs the Left has about the US is that it's a relatively low-tax country

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Comments

  • WestlinnDuckWestlinnDuck Member Posts: 15,731 Standard Supporter

    thechatch said:

    HHusky said:

    hardhat said:

    HHusky said:

    Paid 42% tax rate in Sweden, got free health care, free full time childcare (8:30am to 4pm), and $100 a month unlimited metro card.

    US I get taxed 28% and get toll roads

    I get taxed a lot more than 28% and still get toll roads.
    Bullshit. No you don’t.
    I'm really disappointed in you ladies. This is one of your favorite subjects, that we're not taxed enough. Did your booster shot have some side effects?
    There is zero chance any of you gals pays 28% of your income in taxes. Basic math fail.
    Is this where we drop our 941s and 1120S filings on the table or would you rather see a FY2020 P&L and figure it out for yourself?

    Fuck off.
    H is such a big shot lawyer he fails to understand most blue states have income tax on top of federal income tax. So worldly that one.
    And property taxes and sales taxes. Probably news to the dazzler but rich people live in expensive houses and buy more stuff than the little people that the dazzler hates. Just don't call property taxes and sales taxes progressive despite the fact that rich people pay multiple times what the middle class pays.
  • HHuskyHHusky Member Posts: 21,628
    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.
  • WestlinnDuckWestlinnDuck Member Posts: 15,731 Standard Supporter
    HHusky said:

    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.

    In California federal and state tax rate on wealthy marginal taxable income is over 50%. Toss in property taxes and sales taxes and you think they are undertaxed. For some reason, wealthy democrats in Cali aren't voluntarily paying their fair share but need to do so at gunpoint. Just like leftards everywhere.
  • HHuskyHHusky Member Posts: 21,628
    edited November 2021

    thechatch said:

    HHusky said:

    hardhat said:

    HHusky said:

    Paid 42% tax rate in Sweden, got free health care, free full time childcare (8:30am to 4pm), and $100 a month unlimited metro card.

    US I get taxed 28% and get toll roads

    I get taxed a lot more than 28% and still get toll roads.
    Bullshit. No you don’t.
    I'm really disappointed in you ladies. This is one of your favorite subjects, that we're not taxed enough. Did your booster shot have some side effects?
    There is zero chance any of you gals pays 28% of your income in taxes. Basic math fail.
    Is this where we drop our 941s and 1120S filings on the table or would you rather see a FY2020 P&L and figure it out for yourself?

    Fuck off.
    H is such a big shot lawyer he fails to understand most blue states have income tax on top of federal income tax. So worldly that one.
    So "a lot more than 28%", supposedly.

    Sure.
  • HHuskyHHusky Member Posts: 21,628

    HHusky said:

    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.

    In California federal and state tax rate on wealthy marginal taxable income is over 50%. Toss in property taxes and sales taxes and you think they are undertaxed. For some reason, wealthy democrats in Cali aren't voluntarily paying their fair share but need to do so at gunpoint. Just like leftards everywhere.
    Yes, I can easily believe many of you pay more than 28% on your last dollar of income. But you're not paying 28% of your income in taxes.
  • WestlinnDuckWestlinnDuck Member Posts: 15,731 Standard Supporter
    HHusky said:

    thechatch said:

    HHusky said:

    hardhat said:

    HHusky said:

    Paid 42% tax rate in Sweden, got free health care, free full time childcare (8:30am to 4pm), and $100 a month unlimited metro card.

    US I get taxed 28% and get toll roads

    I get taxed a lot more than 28% and still get toll roads.
    Bullshit. No you don’t.
    I'm really disappointed in you ladies. This is one of your favorite subjects, that we're not taxed enough. Did your booster shot have some side effects?
    There is zero chance any of you gals pays 28% of your income in taxes. Basic math fail.
    Is this where we drop our 941s and 1120S filings on the table or would you rather see a FY2020 P&L and figure it out for yourself?

    Fuck off.
    H is such a big shot lawyer he fails to understand most blue states have income tax on top of federal income tax. So worldly that one.
    So "a lot more than 28%", supposedly. Sure.
    Now, if you actually had an MBA, you would know that after-tax cash flow analysis uses the marginal fed and state rate on taxable income. They don't use any effective rate. Investment decisions are made on the margin. Really surprised (not) that this is news to you.
  • 46XiJCAB46XiJCAB Member Posts: 20,967
    Like a dropped egg.
  • HHuskyHHusky Member Posts: 21,628

    HHusky said:

    thechatch said:

    HHusky said:

    hardhat said:

    HHusky said:

    Paid 42% tax rate in Sweden, got free health care, free full time childcare (8:30am to 4pm), and $100 a month unlimited metro card.

    US I get taxed 28% and get toll roads

    I get taxed a lot more than 28% and still get toll roads.
    Bullshit. No you don’t.
    I'm really disappointed in you ladies. This is one of your favorite subjects, that we're not taxed enough. Did your booster shot have some side effects?
    There is zero chance any of you gals pays 28% of your income in taxes. Basic math fail.
    Is this where we drop our 941s and 1120S filings on the table or would you rather see a FY2020 P&L and figure it out for yourself?

    Fuck off.
    H is such a big shot lawyer he fails to understand most blue states have income tax on top of federal income tax. So worldly that one.
    So "a lot more than 28%", supposedly. Sure.
    Now, if you actually had an MBA, you would know that after-tax cash flow analysis uses the marginal fed and state rate on taxable income. They don't use any effective rate. Investment decisions are made on the margin. Really surprised (not) that this is news to you.
    Gasbag takes us off topic.

    What were the odds?
  • HHuskyHHusky Member Posts: 21,628
    46XiJCAB said:

    Like a dropped egg.

    ok
  • HHuskyHHusky Member Posts: 21,628

    thechatch said:

    HHusky said:

    hardhat said:

    HHusky said:

    Paid 42% tax rate in Sweden, got free health care, free full time childcare (8:30am to 4pm), and $100 a month unlimited metro card.

    US I get taxed 28% and get toll roads

    I get taxed a lot more than 28% and still get toll roads.
    Bullshit. No you don’t.
    I'm really disappointed in you ladies. This is one of your favorite subjects, that we're not taxed enough. Did your booster shot have some side effects?
    There is zero chance any of you gals pays 28% of your income in taxes. Basic math fail.
    Is this where we drop our 941s and 1120S filings on the table or would you rather see a FY2020 P&L and figure it out for yourself?

    Fuck off.
    H is such a big shot lawyer he fails to understand most blue states have income tax on top of federal income tax. So worldly that one.
    And property taxes and sales taxes. Probably news to the dazzler but rich people live in expensive houses and buy more stuff than the little people that the dazzler hates. Just don't call property taxes and sales taxes progressive despite the fact that rich people pay multiple times what the middle class pays.
    I didn't say rich people won't pay 28%+ in effective tax rates. Clearly many will. Try to pay attention, Gasbag.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,736 Founders Club

    HHusky said:

    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.

    In California federal and state tax rate on wealthy marginal taxable income is over 50%. Toss in property taxes and sales taxes and you think they are undertaxed. For some reason, wealthy democrats in Cali aren't voluntarily paying their fair share but need to do so at gunpoint. Just like leftards everywhere.
    @CirrhosisDawg cried like a bitch when Trump took his SALT exemption away

    Biden gave it back

    Rather than blame the state for high taxes rich Californians want poor folks in other states to pick up the slack

    A lot like H - I won't pay more but you should
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 16,209 Swaye's Wigwam
    HHusky said:

    thechatch said:

    HHusky said:

    hardhat said:

    HHusky said:

    Paid 42% tax rate in Sweden, got free health care, free full time childcare (8:30am to 4pm), and $100 a month unlimited metro card.

    US I get taxed 28% and get toll roads

    I get taxed a lot more than 28% and still get toll roads.
    Bullshit. No you don’t.
    I'm really disappointed in you ladies. This is one of your favorite subjects, that we're not taxed enough. Did your booster shot have some side effects?
    There is zero chance any of you gals pays 28% of your income in taxes. Basic math fail.
    Is this where we drop our 941s and 1120S filings on the table or would you rather see a FY2020 P&L and figure it out for yourself?

    Fuck off.
    H is such a big shot lawyer he fails to understand most blue states have income tax on top of federal income tax. So worldly that one.
    So "a lot more than 28%", supposedly.

    Sure.
    Lol at your insecurities. Small-time confirmed.
  • HHuskyHHusky Member Posts: 21,628

    HHusky said:

    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.

    In California federal and state tax rate on wealthy marginal taxable income is over 50%. Toss in property taxes and sales taxes and you think they are undertaxed. For some reason, wealthy democrats in Cali aren't voluntarily paying their fair share but need to do so at gunpoint. Just like leftards everywhere.
    @CirrhosisDawg cried like a bitch when Trump took his SALT exemption away

    Biden gave it back

    Rather than blame the state for high taxes rich Californians want poor folks in other states to pick up the slack

    A lot like H - I won't pay more but you should
    I'm already highly taxed. I'm calling bullshit on most here making that claim.
  • CuntWaffleCuntWaffle Member Posts: 22,499
    HHusky said:

    HHusky said:

    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.

    In California federal and state tax rate on wealthy marginal taxable income is over 50%. Toss in property taxes and sales taxes and you think they are undertaxed. For some reason, wealthy democrats in Cali aren't voluntarily paying their fair share but need to do so at gunpoint. Just like leftards everywhere.
    @CirrhosisDawg cried like a bitch when Trump took his SALT exemption away

    Biden gave it back

    Rather than blame the state for high taxes rich Californians want poor folks in other states to pick up the slack

    A lot like H - I won't pay more but you should
    I'm already highly taxed. I'm calling bullshit on most here making that claim.
    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,736 Founders Club
    Nice meltdown

    No one believes you but still
  • HHuskyHHusky Member Posts: 21,628

    HHusky said:

    HHusky said:

    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.

    In California federal and state tax rate on wealthy marginal taxable income is over 50%. Toss in property taxes and sales taxes and you think they are undertaxed. For some reason, wealthy democrats in Cali aren't voluntarily paying their fair share but need to do so at gunpoint. Just like leftards everywhere.
    @CirrhosisDawg cried like a bitch when Trump took his SALT exemption away

    Biden gave it back

    Rather than blame the state for high taxes rich Californians want poor folks in other states to pick up the slack

    A lot like H - I won't pay more but you should
    I'm already highly taxed. I'm calling bullshit on most here making that claim.
    We've sure got an awful lot of hypothetically highly taxed folks here. Short on details, though.
    I have it on good authority that paying an effective rate over 28% is highly taxed.
  • hardhathardhat Member Posts: 8,344
    So Americans are highly taxed or nah?
  • HHuskyHHusky Member Posts: 21,628
    hardhat said:

    So Americans are highly taxed or nah?

    naht those bitching about their taxes on this bored.
  • hardhathardhat Member Posts: 8,344
    HHusky said:

    hardhat said:

    So Americans are highly taxed or nah?

    naht those bitching about their taxes on this bored.
    You can't claim that the US is a low tax country though, as was the original point of the discussion.
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