Tax on ultra wealthy

UW_Doog_Bot said:

2001400ex said:

Sledog said:

HHusky said:

Sledog said:

Guy I know just got a bonus check for 100k in Cali. His check after taxes was 41,300.00 The government's shouldn't get more than the worker. Ever.

Either an apocryphal tale or there’s a piece of information missing.

Oh and how do you figure that?

37% federal, 13% state, 1.45% Medicare , 1% disability, 6.2% social security.

58.65%

That's fucking Kalifornia and the feds.

Now I know you just completely made that story up. You just outed yourself dumbfuck.

To be in the 37% tax bracket, your income has to be over $400k. And social security ends under $130k.

But remember, sledog is not known as a liar.

Jesus, if you really are an accountant you've gotta be the worst fucking one that I've ever talked to. I already gave you a very reasonable and easy explanation. Yes, withholding can be higher than the effective rate on bonuses for a variety of reasons. I've had it happen, was pissed, and had to go get an explanation of why it happened.

Also, are we really arguing over if something along 49% vs. 58% makes it too much? Both are too fucking much. Fucking Christ, the colonists revolted over less than 5% of their income going to taxes.

HHusky said:

SFGbob said:

HHusky said:

UW_Doog_Bot said:

You know, if they felt that strongly about it they could just pay more in taxes, or even better, give to needy charities...

https://stjude.org/about-st-jude/why-support-st-jude.html?sc_dcm=244600628&d_creative=116665941&sc_cid=bnn72778&gclid=CjwKCAjw__fnBRANEiwAuFxET7qZTPWKN4xDWsUvXOV1zp9b74P08gaSAiRUcxTgNGSUAEip0kGpSBoCSWIQAvD_BwE

Those who play by the rules but favor changing the rules are always told they could just volunteer to play by the rules they favor. It’s a stupid response. They want billionaires like yourself to pay more too.

Yeah it's "stupid" because it exposes you for the hypocrites and frauds you are. You can have exactly what you want right now. There is nothing stopping you and every other person who wants to pay more in taxes from writing a check to the government right now. I on the other hand, want lower taxes and if I decide on my own to start paying less in taxes I'll have the power of the state come down on my head and force me to pay my taxes, there's nothing I can do about it.


You want higher taxes? Start paying them now O'Keefed. You can have exactly what you want today, but you won't do it because you're a fraud. You don't want to pay higher taxes, you want other people to pay higher taxes.

blob, I already pay higher taxes than you do and I'll bet I give away more too. I am proposing to pay even more than I already do in taxes; you can pay a little more too. That's how a society works.

HHusky said:

Sledog said:

HHusky said:

SFGbob said:

HHusky said:

UW_Doog_Bot said:

You know, if they felt that strongly about it they could just pay more in taxes, or even better, give to needy charities...

https://stjude.org/about-st-jude/why-support-st-jude.html?sc_dcm=244600628&d_creative=116665941&sc_cid=bnn72778&gclid=CjwKCAjw__fnBRANEiwAuFxET7qZTPWKN4xDWsUvXOV1zp9b74P08gaSAiRUcxTgNGSUAEip0kGpSBoCSWIQAvD_BwE

Those who play by the rules but favor changing the rules are always told they could just volunteer to play by the rules they favor. It’s a stupid response. They want billionaires like yourself to pay more too.

Yeah it's "stupid" because it exposes you for the hypocrites and frauds you are. You can have exactly what you want right now. There is nothing stopping you and every other person who wants to pay more in taxes from writing a check to the government right now. I on the other hand, want lower taxes and if I decide on my own to start paying less in taxes I'll have the power of the state come down on my head and force me to pay my taxes, there's nothing I can do about it.


You want higher taxes? Start paying them now O'Keefed. You can have exactly what you want today, but you won't do it because you're a fraud. You don't want to pay higher taxes, you want other people to pay higher taxes.

blob, I already pay higher taxes than you do and I'll bet I give away more too. I am proposing to pay even more than I already do in taxes; you can pay a little more too. That's how a society works.

You can donate more and not try and force everyone else to pay more. Just pit some big numbers in the donation box on the tax form. Or they have to force you to give?

Private charity isn't a substitute for paying for your demands on us, Mall Cop.

UW_Doog_Bot said:

2001400ex said:

Sledog said:

HHusky said:

Sledog said:

Guy I know just got a bonus check for 100k in Cali. His check after taxes was 41,300.00 The government's shouldn't get more than the worker. Ever.

Either an apocryphal tale or there’s a piece of information missing.

Oh and how do you figure that?

37% federal, 13% state, 1.45% Medicare , 1% disability, 6.2% social security.

58.65%

That's fucking Kalifornia and the feds.

Now I know you just completely made that story up. You just outed yourself dumbfuck.

To be in the 37% tax bracket, your income has to be over $400k. And social security ends under $130k.

But remember, sledog is not known as a liar.

Jesus, if you really are an accountant you've gotta be the worst fucking one that I've ever talked to. I already gave you a very reasonable and easy explanation. Yes, withholding can be higher than the effective rate on bonuses for a variety of reasons. I've had it happen, was pissed, and had to go get an explanation of why it happened.

Also, are we really arguing over if something along 49% vs. 58% makes it too much? Both are too fucking much. Fucking Christ, the colonists revolted over less than 5% of their income going to taxes.