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Let's talk taxes

2001400ex
2001400ex Member Posts: 29,457
I'm hearing that we should have low tax rates and people should be free to donate rather than pay taxes. Here's someone's 2015 information.

Adjusted gross income - $436,063
Taxable income - $290,640
Total tax paid - $81,472

Income tax rate - 18.7%

Charitable contributions - $64,066

Donations rate - 14.7%
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Comments

  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
  • greenblood
    greenblood Member Posts: 14,560
    2001400ex said:

    I'm hearing that we should have low tax rates and people should be free to donate rather than pay taxes. Here's someone's 2015 information.

    Adjusted gross income - $436,063
    Taxable income - $290,640
    Total tax paid - $81,472

    Income tax rate - 18.7%

    Charitable contributions - $64,066

    Donations rate - 14.7%

    Your point?

    I thought you'd be down with this. If a passivist like yourself doesn't want your money to go to the military, it doesn't have to. You can choose where it goes.
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.
  • Southerndawg
    Southerndawg Member, Swaye's Wigwam Posts: 8,347 Founders Club

    Taxation is theft




    And a subsidy to supposed burger flipping CPAs such as yourself.

    FTFY
  • 2001400ex
    2001400ex Member Posts: 29,457

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    I'm hearing that we should have low tax rates and people should be free to donate rather than pay taxes. Here's someone's 2015 information.

    Adjusted gross income - $436,063
    Taxable income - $290,640
    Total tax paid - $81,472

    Income tax rate - 18.7%

    Charitable contributions - $64,066

    Donations rate - 14.7%

    Your point?

    I thought you'd be down with this. If a passivist like yourself doesn't want your money to go to the military, it doesn't have to. You can choose where it goes.
    I don't have a point, I was making an observation.
  • doogie
    doogie Member Posts: 15,072
    Losses on hamburger stands in Eastern Montana generate a lot of deductions
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    True tax code simplification would affect all taxable entities. CPAs and Tax Attorneys would certainly be affected across the board. In other words, a complex tax code as it currently exists in the US, is most certainly a subsidy for CPAs and Tax Attorneys, which is why both groups lobby vehemently against true tax code simplification. It sounds like you need to hang up your spatula and get out of the kitchen at "your firm" more often to broaden your knowledge base a bit.
    Correct. But I've never seen one politician ever actually push for true simplification. They say "we are going from 7 brackets to 3, look how simple that is". Great, you just changed a calculation in a computer. Reality is, the determination of what constitutes income will always be complex and that's what CPAs and attorneys work on.
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    2001400ex said:

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    True tax code simplification would affect all taxable entities. CPAs and Tax Attorneys would certainly be affected across the board. In other words, a complex tax code as it currently exists in the US, is most certainly a subsidy for CPAs and Tax Attorneys, which is why both groups lobby vehemently against true tax code simplification. It sounds like you need to hang up your spatula and get out of the kitchen at "your firm" more often to broaden your knowledge base a bit.
    Correct. But I've never seen one politician ever actually push for true simplification. They say "we are going from 7 brackets to 3, look how simple that is". Great, you just changed a calculation in a computer. Reality is, the determination of what constitutes income will always be complex and that's what CPAs and attorneys work on.
    The entire point of the low-tax rate/elimination of deductions advocated numerous times throughout the years by many politicians is apparently not "simplification" in the world of HondoFS...

    Speed limit IQ...
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    True tax code simplification would affect all taxable entities. CPAs and Tax Attorneys would certainly be affected across the board. In other words, a complex tax code as it currently exists in the US, is most certainly a subsidy for CPAs and Tax Attorneys, which is why both groups lobby vehemently against true tax code simplification. It sounds like you need to hang up your spatula and get out of the kitchen at "your firm" more often to broaden your knowledge base a bit.
    Correct. But I've never seen one politician ever actually push for true simplification. They say "we are going from 7 brackets to 3, look how simple that is". Great, you just changed a calculation in a computer. Reality is, the determination of what constitutes income will always be complex and that's what CPAs and attorneys work on.
    The entire point of the low-tax rate/elimination of deductions advocated numerous times throughout the years by many politicians is apparently not "simplification" in the world of HondoFS...

    Speed limit IQ...
    None of the points you make even touch determination of income. Deductions are easy to calculate too.

    Your simple mind continues to amaze me.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,103
    edited March 2017

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    True tax code simplification would affect all taxable entities. CPAs and Tax Attorneys would certainly be affected across the board. In other words, a complex tax code as it currently exists in the US, is most certainly a subsidy for CPAs and Tax Attorneys, which is why both groups lobby vehemently against true tax code simplification. It sounds like you need to hang up your spatula and get out of the kitchen at "your firm" more often to broaden your knowledge base a bit.
    Fuck CPAs. They should DIAFF along with attorneys. The world would be a better place.

    Call for genocide? Don't twist.
  • Southerndawg
    Southerndawg Member, Swaye's Wigwam Posts: 8,347 Founders Club

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    True tax code simplification would affect all taxable entities. CPAs and Tax Attorneys would certainly be affected across the board. In other words, a complex tax code as it currently exists in the US, is most certainly a subsidy for CPAs and Tax Attorneys, which is why both groups lobby vehemently against true tax code simplification. It sounds like you need to hang up your spatula and get out of the kitchen at "your firm" more often to broaden your knowledge base a bit.
    Fuck CPAs. They should DIAFF along with attorneys. The world would be a better place.

    Call for genocide? Don't twist.
    https://www.youtube.com/watch?v=GW72Gmqjse4
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    The core issue is that the tax code is so outrageously complex that it is faceless tyrant.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,103
    edited March 2017

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    True tax code simplification would affect all taxable entities. CPAs and Tax Attorneys would certainly be affected across the board. In other words, a complex tax code as it currently exists in the US, is most certainly a subsidy for CPAs and Tax Attorneys, which is why both groups lobby vehemently against true tax code simplification. It sounds like you need to hang up your spatula and get out of the kitchen at "your firm" more often to broaden your knowledge base a bit.
    Fuck CPAs. They should DIAFF along with attorneys. The world would be a better place.

    Call for genocide? Don't twist.
    https://www.youtube.com/watch?v=GW72Gmqjse4
    I'm more of a Broadway guy. Not gay, don't twist. Everybody...sing along!

    Will you join in our crusade?
    Who will be strong and stand with me?
    Beyond the barricade
    Is there a world you long to see?

    https://www.youtube.com/watch?v=gMYNfQlf1H8
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    2001400ex said:

    2001400ex said:

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    True tax code simplification would affect all taxable entities. CPAs and Tax Attorneys would certainly be affected across the board. In other words, a complex tax code as it currently exists in the US, is most certainly a subsidy for CPAs and Tax Attorneys, which is why both groups lobby vehemently against true tax code simplification. It sounds like you need to hang up your spatula and get out of the kitchen at "your firm" more often to broaden your knowledge base a bit.
    Correct. But I've never seen one politician ever actually push for true simplification. They say "we are going from 7 brackets to 3, look how simple that is". Great, you just changed a calculation in a computer. Reality is, the determination of what constitutes income will always be complex and that's what CPAs and attorneys work on.
    The entire point of the low-tax rate/elimination of deductions advocated numerous times throughout the years by many politicians is apparently not "simplification" in the world of HondoFS...

    Speed limit IQ...
    None of the points you make even touch determination of income. Deductions are easy to calculate too.

    Your simple mind continues to amaze me.
    No, most of the flat tax proposals also simplifies income such as dividends, capital gains, house sales, etc etc...amazing how that works.

    And I like how you are now lecturing the details on something that you said didn't even exist in your previous post...your "intelligence" and grasp of the issues is truly amazing.
  • Sledog
    Sledog Member Posts: 37,823 Standard Supporter
    2001400ex said:

    I'm hearing that we should have low tax rates and people should be free to donate rather than pay taxes. Here's someone's 2015 information.

    Adjusted gross income - $436,063
    Taxable income - $290,640
    Total tax paid - $81,472

    Income tax rate - 18.7%

    Charitable contributions - $64,066

    Donations rate - 14.7%

    https://www.washingtonpost.com/blogs/fact-checker/post/obamas-gifts-to-charity-just-1-percent/2012/02/14/gIQAXuMDER_blog.html?utm_term=.96559e53911b
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    2001400ex said:

    I'm hearing that we should have low tax rates and people should be free to donate rather than pay taxes. Here's someone's 2015 information.

    Adjusted gross income - $436,063
    Taxable income - $290,640
    Total tax paid - $81,472

    Income tax rate - 18.7%

    Charitable contributions - $64,066

    Donations rate - 14.7%

    https://www.washingtonpost.com/blogs/fact-checker/post/obamas-gifts-to-charity-just-1-percent/2012/02/14/gIQAXuMDER_blog.html?utm_term=.96559e53911b
    Are you calling Huckabee a liar?
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    Oh so you are a CPA this week.

    So you have boobs-like time to post on message boards 24-7 during what is typically a CPA's busiest time of year?

    No one believes you.

  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    2001400ex said:

    2001400ex said:

    I'm hearing that we should have low tax rates and people should be free to donate rather than pay taxes. Here's someone's 2015 information.

    Adjusted gross income - $436,063
    Taxable income - $290,640
    Total tax paid - $81,472

    Income tax rate - 18.7%

    Charitable contributions - $64,066

    Donations rate - 14.7%

    Your point?

    I thought you'd be down with this. If a passivist like yourself doesn't want your money to go to the military, it doesn't have to. You can choose where it goes.
    I don't have a point, I was making an observation.
    If there were ever a case for geno.., er uh, to bring sigs back. Hondo just made it relevant and mandatory.
  • 2001400ex
    2001400ex Member Posts: 29,457
    salemcoog said:

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    Oh so you are a CPA this week.

    So you have boobs-like time to post on message boards 24-7 during what is typically a CPA's busiest time of year?

    No one believes you.

    I am an auditor. And my work is spread throughout the year fault evenly. But keep thinking CPAs only do taxes.
  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    2001400ex said:

    salemcoog said:

    2001400ex said:

    Taxation is theft




    And a subsidy to supposed CPAs such as yourself.

    I don't do taxes, I don't even do my own. However the people in my firm that do taxes, 95% of the work is getting the information ready for the tax return. Taxation is not a subsidy for CPAs. And the proposed tax plans that supposedly make it simpler, do nothing to make taxes easier. They just change the calculation in the computer. The funny part is "just go to a flat tax and get rid of those CPAs". You might get rid of H&R block, Jackson Hewitt, etc. But that doesn't make the tax returns we do any easier cause they are all farms, small businesses or other stuff that complicates the return.
    Oh so you are a CPA this week.

    So you have boobs-like time to post on message boards 24-7 during what is typically a CPA's busiest time of year?

    No one believes you.

    I am an auditor. And my work is spread throughout the year fault evenly. But keep thinking CPAs only do taxes.
    The lowest of the low. How could anyone have guessed?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,079 Founders Club
    Auditor is a fancy name for a snitch
  • 2001400ex
    2001400ex Member Posts: 29,457

    Auditor is a fancy name for a snitch

    You clearly don't get it either.
  • AZDuck
    AZDuck Member Posts: 15,381
    How can you guys just delete or change facts or infoormatiom on Wikipedia? You must work there I assume?
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    AZDuck said:

    How can you guys just delete or change facts or infoormatiom on Wikipedia? You must work there I assume?

    Wooks gonna Wook.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,079 Founders Club
    2001400ex said:

    Auditor is a fancy name for a snitch

    You clearly don't get it either.
    You should get some stiches
  • Sledog
    Sledog Member Posts: 37,823 Standard Supporter

    2001400ex said:

    Auditor is a fancy name for a snitch

    You clearly don't get it either.
    You should get some stiches
    Hondo got stitches. Husband knots.