taxes

Who are America's real parasites?

Lefties.

FAIR TAX

jdavis cited numbers; all YOU did was blurt out a one-word opinion.  I'll take the numbers.

There two major reasons they paid no taxes.  Capital gains on investments yielded less than income -- that is they lost more than they got for the year,.  

Investments in tax free bonds for state, county, cities and some municipal development areas.  The new construction just outside Redstone Arsenal is an example.  

Shouldn't pay taxes if your income was $600,000 for the year, but lost $601,000 in the same year.  Tax free bonds mean states, counties and cities pay several percentage points less.  Make the bonds taxable, then explain to the voters why their state and local taxes will rise 10 to 20 percent.  Politicians will really love explaining that.  Most likely, the entire reason is a combination of the above two reasons.  Most investors spread out their funds to lessen their losses.

Here is an excellent example of how the party of permanent outrage and grievance will milk a fact, without explaining the reasons.  Cotton Mather would recognize them as colleges at the witch trials.

JT, burning witches, lately, are you!

Lord, but it must suck to go thru life as a low information processing Democrat -- unable to understand much of what you read and hear.  Basically, a functional illiterate.  

Just waiting for Priss or Crash to call me a liar as they are not illiterate -- their parents married before they were born.   

I'm going to need a link to the article, please.  The first article I came across about who does or doesn't pay taxes on that website was dated 2009.

And here is a statement by the same organization with no supporting information provided.

"TPC estimates that 43 percent of Americans will pay no federal income tax this year [2013], down from the peak of 50 percent in 2008 and 2009."

I guarantee you that 43-50% of Americans are not "earning" (need to know what that means exactly) over $211,000 per year.  So I'm going to have to question the validity of everything in the original post until better, supported information is provided.

Best, keep in mind that the blue leftie states support the red rightie states.

Dire, it's called creative accounting.

Correction:  the blue leftie states support the lefties residing within the red rightie states.

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Awww, JT, did I blow your little liberal thesis out of the water -- so sorry, I see you bring up the old progressive atale argument about red/blue state taxes, without expanation -- just like your original statement.  Deploying your deflector shield -- not as powerful as a force shield, however. As, I've stated, there are a number of reasons -- not one state sponging off another.

1. Medicare/social security beneficiaries are mostly older and migrate to warmer, less expensive states after retirement. Guess progressives will demand internal passports like the old Soviet Union and federal apporval to move.

2. Federal payments, in lieu of property taxes, for federal owned/controlled land. The western states, excepting the coastal states, have much of their land tied up by the government. Arizona -- aout 93 percent, I believe. Simple solution -- return all ands not required to the states or sell it. BLM controlled land, especially, Locally, TVA is much the same. But, the funds paid to the states are from our utility bills, not outside blue states.

3. Large military installations -- historically, this was a combination of old Demorat congressmen influencing the location of bases, warm climate to ensure more training days for the troops and cheap land.  Blue states did their best to run off such bases. Remember when Reagan desired to base a squadron in the SF Bay area. Lefties were in full cry.

No, its not creative accounting -- that is just another word for fraud. I'm familar wth such accounting and those who use it. Many, of whom, spent time in state and federal grey bar hotels -- many were Democrats.

Dragging progressives to the facts is a thankless task, but someone must do it.  Rather like admonishing small children for their bad or unsocial behavior.  

Due to the AHA actions my insurance I had for the previous 10 years was ended.  I had to go to BCBS and resubmit to enter the program thru another avenue. This was the first bill this month for my new insurance. The quoted premium was $1160 a month for family coverage, which was similar to what I previously paid, however when the statement came this month, it was $1240.  The reason?  There was an added $79 Healthcare Assessment Tax added to my bill.  If this is a monthly addition, this means I will be paying an additional $1000 in healthcare tax for the privilege of insuring my family.  Anyone who does not think that this AHA is nothing more than a shell game of redistribution is out of their minds.

teyates, thanks for what sounded like an intelligent, informed and correct posting. 

The rest of you just put "what I say it is " postings. Dire, you're usually better than that, or were you one of those "creative accountants"?

LOL!!! Coming from you, the king of the "what I say it is", or "someone told me or emailed me, but I can't search or enter links myself", that is super hilarious!!!! Surprised too that you didn't call him a liar and demand to see copies of his insurance forms!!

I pay well over $30,000 in income tax each year.  What exactly am I getting back from the blue states?

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Where a progressive can't counter with facts or logic, they throw invectives.  

Hoob, you're doing pretty good, congratulations.

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Entertainment if you like those "World's Dumbest" shows.

I can't even get potholes fixed on my streets.  I've spent $300 this year buying asphalt to fix them myself.  Again, what am I getting above and beyond what I'm paying in?

I can't even get potholes fixed on my streets.  I've spent $300 this year buying asphalt to fix them myself.  Again, what am I getting above and beyond what I'm paying in?

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You need to call the state of New York and tell them to send a little bit more

I said asphalt, not asshurt.

No counter statements to the reasons, I see,  Didn't think a progressive would be in favor of the federal government divesting itself of vast tracts of land and power. 

I said asphalt, not asshurt.

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Whatever

You know I have thought about this post for a few days.   One thing for sure is a "lefties always say is they paid taxes such as sales,payroll etc and worked to contribute to society.    The REAL PARASITES are millions who have never worked pay no income taxes, live in government housing for life, creating armies of illegitimate children for the village to raise and police to have to deal with.

I think we all agree that the working person need some more relief  from both the upper and lower classes of parasites.

I wonder what the real number is for government welfare for the top 1/2 percent and for the bottom 40%.I agree that a part of that 40% needs to get a knot jerked in their butts and work somewhere at something. I don't think I owe any millionaires any tax breaks either.

JT all I can tell you is thru hard work and determination and yes a little luck I make a good living in the 6 figures.  I can tell you there is no way someone like me paid by a check from a company that does withholding can LEGALLY avoid paying 33% income taxes.  Yes I can deduct my mortgage, a few other job related expenses, family and dependents and really that is all unless you own a business etc.  Yes, I am fortunate to have to pay that much but I can tell you when you know you have to give 70k to the government every year in just income taxes you are not happy.   Trust me when the Clintons, Buffett, Harry Reid and all the others clamoring to raise taxes they mean on people like me not them who protect their income in trusts and "charitable business" like the Gates.  This is why I favor a flat tax with a exemption for the necessities in life that all tax payers would get!

I can't remember the last time we got a refund. We've certainly not gotten one since we've been in business.

The accountants say that you should never get a refund, arrange your withholding so that you break even. I always paid in more than necessary and got a fat refund. Also, I was loaning money to the government interest free. 

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While I agree with 99% of this, I will note that the charitable trusts and foundations such as that of the Gates are not used to protect income, nor to avoid income taxes.  They are used to keep the Federal Government's hands off of already taxed wealth, while ultimately using that money for charitable purposes.   You can easily Google their tax returns. 

 In defense of Warren Buffet, he has given much of his wealth away, and when he talks about taxing the rich, he means his class of rich.  Clinton is just another liar.

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If you want a refund, that is easily arranged.  But what they don't tell you in the small print is that you will have to do without some of your current income to make this happen.

Crusty, that's right, if you make X dollars, you have to pay X tax. If you've paid more, you get a refund. If you paid less, you write them a check. Personally, I'd rather pay $20 a week more and get a refund than to have to write them a $20 check when I file.

LOL!! Let them use your money interest free.

If, the IRS owes a certain amount in refund, some people request delays. Enough allowed delays, and the government pays interest. Not a lot, but more than is paid on savings accounts. 

LOL!! Let them use your money interest free.

I realize that, if I had got $20 a week more, I would have spent it. On my refund, I got $20 X 52 weeks back in a refund. 

One more story. Back in the mid to late 70's, some people claimed 49 dependents on their withholding and put what they figured to be tax in a daily interest paying bank account. The idea was to get about 10% on it and when they paid their tax, they would have made a few hundred dollars. What actually happened was, all (I think) got into trouble with the IRS and it cost then money. I've always tried to pay in more than required and get a refund.

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Yep, lefty financial sense, let them use your money interest free.

I can't remember the last time we got a refund. We've certainly not gotten one since we've been in business.

I got a refund.

I arrange mine so I usually write a check for about $100. 

I don't want to have to write a check.  This being my first year of retirement, I'm having tax held out of my retirement at the same percentage as if I were working. If I'm doing it right, it sort of bugs me. When I file, I don't have anything to deduct, (thank goodness) so I have to take the standard deduction.