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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

  • MikeDamoneMikeDamone Member Posts: 37,781
    HHusky said:

    There is zero chance any of you gals pays 28% of your income in taxes. Basic math fail.
    Agree. It’s much more
  • HHuskyHHusky Member Posts: 22,462

    24% federal tax bracket on $142k is about and %18 effective tax rate. Add about 15% for FICA and Medicare and you’re at %33. We haven’t talked about property, state, and sales tax yet.

    So fuck off.
    Even Gasbag must have his forehead in his palm.
  • HHuskyHHusky Member Posts: 22,462
    hardhat said:

    You can't claim that the US is a low tax country though, as was the original point of the discussion.
    Certainly not low taxed if we consider the imagined rates you all pay.
  • MikeDamoneMikeDamone Member Posts: 37,781
    HHusky said:

    Even Gasbag must have his forehead in his palm.
    Show your work, dumb fuck
  • RoadTripRoadTrip Member, Swaye's Wigwam Posts: 7,971 Founders Club
    HHusky said:

    High taxes? Counter factual. Most of you have an effective tax rate below (if not well below) 20%.
    H thinks yur all pore
  • hardhathardhat Member Posts: 8,344
    HHusky said:

    Certainly not low taxed if we consider the imagined rates you all pay.
    Still focused only on federal income tax?
  • MikeDamoneMikeDamone Member Posts: 37,781
    hardhat said:

    Still focused only on federal income tax?
    And likes to ignore %15 for FICA/Medicaid. Which is federal.
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 16,978 Swaye's Wigwam
    HHusky said:

    Certainly not low taxed if we consider the imagined rates you all pay.
    Wait wait wait, are we going to go with how the lower class doesn't actually pay taxes? Is that where you want to go?

    Oh please oh please oh please let's do it.



  • HHuskyHHusky Member Posts: 22,462
    RoadTrip said:

    H thinks yur all pore
    Not at all. I assume most of you also take advantage of at least some of the obvious ways to legally reduce your tax burden.
  • HHuskyHHusky Member Posts: 22,462
    hardhat said:

    Still focused only on federal income tax?
    No. But most of you start this discussion off by wildly overestimating your effective rate of federal taxation.

    Divide line 24 by line 9.
  • hardhathardhat Member Posts: 8,344
    HHusky said:

    No. But most of you start this discussion off by wildly overestimating your effective rate of federal taxation.

    Divide line 24 by line 9.
    Wrong move to assume what 'most of you'... etc think or do. The disjointed and dysfunctional way that Americans pay taxes causes people in some states like California or New York to pay a lot in overall taxes, and to receive a lot less in return from their local, state, and federal governments. Is this in dispute?
  • WestlinnDuckWestlinnDuck Member Posts: 16,413 Standard Supporter

    @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
    The irony is that the blue states have strict limits on the deductibility of the federal income tax on their state income tax returns. So, if you are in the top income tax brackets and earn an additional $100,000 of income you pay your federal income tax of approximately 40%. That leaves you with only $60,000 in cash. Then you file your state income tax return and have to pay state tax on the full $100,000 or 13.3% in Cali. So, you now have $46,700 of cash after federal and state taxes. So, the blue state dems are arguing that you should be able to deduct the full $13,300 on their federal income tax returns because you don't have the cash and it's unfair to pay federal income tax on cash you don't have. They completely ignore the much larger problem is that you have to pay state income tax on the money you send the feds. Phuck em.
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 16,978 Swaye's Wigwam

    It’s hard if you’re a dumbshit like you. Like I said. A person making $143k pays about 18% federal income tax and another 15% in FICA/Medicare (you’d be a dumbfuck to argue it’s half that, so I wouldn’t be surprised if you did). That’s an effective rate of ~33%.

    Why $143k, that’s the amount we’re FICA ends, so the rate goes down to 3%, but the person would be looking at higher marginal rates past that (32% at $164k). A person making $164k would pay ~19%, but would get a cut on FICA of 12% on about 20k, so about 1.5% reduction on their gross, so we are back to around 33%.

    Fuck off. We pay a shit ton in taxes. Add state and local and we get very close to European rates.


    We are seeing the dazzler's expertise in another field on full display once again.
  • PurpleThrobberPurpleThrobber Member Posts: 46,160 Standard Supporter

    It’s hard if you’re a dumbshit like you. Like I said. A person making $143k pays about 18% federal income tax and another 15% in FICA/Medicare (you’d be a dumbfuck to argue it’s half that, so I wouldn’t be surprised if you did). That’s an effective rate of ~33%.

    Why $143k, that’s the amount we’re FICA ends, so the rate goes down to 3%, but the person would be looking at higher marginal rates past that (32% at $164k). A person making $164k would pay ~19%, but would get a cut on FICA of 12% on about 20k, so about 1.5% reduction on their gross, so we are back to around 33%.

    Fuck off. We pay a shit ton in taxes. Add state and local and we get very close to European rates.


    Can I get a what what for some property taxes, sin taxes on booze/smokes and oppressive sales tax too?!?!

  • hardhathardhat Member Posts: 8,344
    Pete Holmes, most recent city attorney for Seattle, was asked why crime was going up in Seattle. He said 'More taxes will fix it'. Same answer lefties always give. And then they try to say that taxes are low, so why complain about a tiny little bit more. Those motherfuckers.
  • HHuskyHHusky Member Posts: 22,462
    Did anyone actually go look at their effective rate of taxation?

    You girls are great at telling me what someone could pay.
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 16,978 Swaye's Wigwam
    HHusky said:

    Did anyone actually go look at their effective rate of taxation?

    You girls are great at telling me what someone could pay.

    I notice you completely ignored my other comment. Real head scratcher as to why.
  • PurpleThrobberPurpleThrobber Member Posts: 46,160 Standard Supporter

    Car tabs, tax on your sewer,water, natural gas electric, phone, Internet, TV, gasoline…..
    Hotel rooms. Airport fees.

    WEED!!!!!

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