Way OT: Did the taxes today..l

[Clem'sSon]

Taking it right in the chute. Our leftists here should be happy.

Wife finished them up, then we we printed to file....old school. Twenty-nine pages worth, and this minion lost his mind. Barked at the printer the entire cycle...

 

[GoodWord28]

Your poor tax planning is not a red or blue government’s fault.

 

[Orange 77]

Just curious, don't trust e-filing or just like to go to the post office?

 

[Trading Tiger]

I don't know about you, but I've come to realize that We The People have been experiencing a whole lot of taxation without representation, and I'm getting pretty tired of it.

 

[CUT93]

Quite frankly, it's ridiculous. Wife, w-2 earner makes $60K. Husband self employed. Does not take long in the year to get to the point where the husband is paying 40%+ in taxes on everything he can not write off. This starts at what would be considered middle to lower middle class earnings @ ~$84K combined(taxable) income.

 

[GoodWord28]

Quite frankly, it's ridiculous. Wife, w-2 earner makes $60K. Husband self employed. Does not take long in the year to get to the point where the husband is paying 40%+ in taxes on everything he can not write off. This starts at what would be considered middle to lower middle class earnings @ ~$84K combined(taxable) income.

Deductions have never been higher

 

[RdKgTgr]

Deductions have never been higher

Dude.....remember $7500 exemption for each dependant that was eliminated several years ago and the current $10k cap on property and state tax. The increase in the standard deduction doesn't make up for what was eliminated/reduced.

If you make a lot of $$ and don't owe anything, it's owe...owe...owe.

 

[dbjork6317]

Dude.....remember $7500 exemption for each dependant that was eliminated several years ago and the current $10k cap on property and state tax. The increase in the standard deduction doesn't make up for what was eliminated/reduced.

If you make a lot of $$ and don't owe anything, it's owe...owe...owe.

Why should I have to pay for your kids? Sounds like just another entitlement to me.

 

[CUT93]

Deductions have never been higher

That would be true even if the rate for 20K of income was 50%. What exactly is your point?

 

[CUT93]

Why should I have to pay for your kids? Sounds like just another entitlement to me.

I agree. Let's just go to a straight national sales tax, get rid of the irs and put that budget $$$ towards SS/Medicare.

 

[RdKgTgr]

Why should I have to pay for your kids? Sounds like just another entitlement to me.

My kids are grown and I'm retired....like I said, good income and no debt.....owe every year.

 

[GoodWord28]

My kids are grown and I'm retired....like I said, good income and no debt.....owe every year.

I hear ya. Go talk to a tax planner…there are a lot of tax shelter that are probably available to you. Gotta play the game unfortunately.

 

[thebooyaa]

taxes. suck but its a lot worse in other countries...grin and bear it

 

[Hammerdawg.NEAR]

taxes. suck but its a lot worse in other countries...grin and bear it

Just because taxes are higher in other countries doesn’t mean we should just throw our hands up and say “at least this ain’t Denmark”

 

[Buzzards Roost]

Worst thing for me is Medicare Part B premium. Unlike the progressive income tax where the higher rate is paid just on the part over the bracket; you can literally make $1 more income and pay thousands more a year. Especially if married.

 

[dbjork6317]

Just because taxes are higher in other countries doesn’t mean we should just throw our hands up and say “at least this ain’t Denmark”

I wonder if we did a cost analysis of the higher amount of taxes you’d pay in Denmark vs. the higher amount you pay in the US on healthcare and education how close they’d come out. There’s a lot of people in this country who spend a lot of their after tax income on debt from healthcare expenses and college tuitions.

 

[Toasted712]

Just because taxes are higher in other countries doesn’t mean we should just throw our hands up and say “at least this ain’t Denmark”

But you kinda should. We are taxed lower than basically every developed nation. Taxes are a necessary evil.

Should we not have taxes? Or what do you think an appropriate % should be?

The short of it is it mostly comes out in the wash with healthcare and other things.

 

[madchad]

Why should I have to pay for your kids? Sounds like just another entitlement to me.

Holy Moly! I agree with you. My tax bill shows a pie chart. Over 70 percent goes to Greenville school district.

 

[southerncaltiger]

Just because taxes are higher in other countries doesn’t mean we should just throw our hands up and say “at least this ain’t Denmark”

As I’ve posted before, I’m willing to pay my share and more (to a point) to compensate for those lazy, loser, fat-asses less fortunate in society, but at some point my perspective becomes—you tax the shite out of me because you deem me “rich”. Where the hell is my incentive to keep working harder/smarter if you just keep saddling me with higher taxes and “phase out” any write offs because, again, you deem me “rich”?

 

[dbjork6317]

As I’ve posted before, I’m willing to pay my share and more (to a point) to compensate for those lazy, loser, fat-asses less fortunate in society, but at some point my perspective becomes—you tax the shite out of me because you deem me “rich”. Where the hell is my incentive to keep working harder/smarter if you just keep saddling me with higher taxes and “phase out” any write offs because, again, you deem me “rich”?

Ok. Then stop. Become poor. See how that works out for you.

 

[metalman82]

As I’ve posted before, I’m willing to pay my share and more (to a point) to compensate for those lazy, loser, fat-asses less fortunate in society, but at some point my perspective becomes—you tax the shite out of me because you deem me “rich”. Where the hell is my incentive to keep working harder/smarter if you just keep saddling me with higher taxes and “phase out” any write offs because, again, you deem me “rich”?

Same here brother. As long as we enable people to languish in poverty through non-earning entitlement programs instead of incentivizing hard work you will end up with a society where the hard workers become less and less and the government leaches become more and more.

 

[CUT93]

Same here brother. As long as we enable people to languish in poverty through non-earning entitlement programs instead of incentivizing hard work you will end up with a society where the hard workers become less and less and the government leaches become more and more.

This! We incentivize people at both ends of the spectrum to make choices that are not beneficial to society, or themselves, in many cases. On the lower end, we steal peoples self respect, self esteem, and and finally their will to succeed by providing just enough assistance to stay afloat without having to make hard choices. Often, this happens slowly in the form of acceptance of being poor over time. We encourage many single, and some married, women to have children they can not afford and bring even more kids into this world with the odds to succeed in life stacked against them. All under the guise of "helping" those less fortunate.

On the upper end, many would likely take more risk, expand business and create more jobs if there was a better return on both the risk and excess time put in to do so.

 

[financeNfootball]

This was the first year in my working career (~17 years) that I poorly managed my personal taxes and I got hit with a nice little surprise a few weeks ago.

Just wait until the QBID and other tax breaks are rolled back in a couple years. I’ve already peaked ahead and my taxes will go up 15k+ per year (easily and maybe more) if the TCJA cuts are not extended. It’s going to suck and really put a pinch on some small business owners and a lot of others IMO.

 

[scotchtiger]

As I’ve posted before, I’m willing to pay my share and more (to a point) to compensate for those lazy, loser, fat-asses less fortunate in society, but at some point my perspective becomes—you tax the shite out of me because you deem me “rich”. Where the hell is my incentive to keep working harder/smarter if you just keep saddling me with higher taxes and “phase out” any write offs because, again, you deem me “rich”?

Just think, the current administration wants to raise taxes even further on those “rich” billionaires families making $400K.

Anyone who sees taxes in that range knows it’s not the families making in the hundreds of thousands who aren’t paying their “fair share.”

 

[dickerj]

I only want to say that we should continue to subsidize children and their education. This whole thing doesn't work without them, and you were subsidized when you were a child.

If you'd prefer a 1 child policy and eventual collapse of your state, by all means head over to China.

 

[tigerGUY]

I don't know about you, but I've come to realize that We The People have been experiencing a whole lot of taxation without representation, and I'm getting pretty tired of it.

Time for a good Civil unrest that makes BLM and January 6 look like playground pussies. I'd give it a go and I'm one-legged, deaf and almost 70.

I picture the Senate...Congress...White House...FBI and Justice Department DM's on the their knees facing a jury of We the People live on camera on the lawn of the White House. I'd banish them to play in Area 51 as targets while taking every over the top lifetime pension for little to no service they were elected for by honest people that foolishly believed these monumental power hungry liars that believe they are smarter than us to a man. And they fvcking are.

We have too many lazy minded citizens that think nothing of what's happening. They're the GD sheep...and it comprises the overwhelming majority of the people. A fvcking shame we let down our forefathers that beat the British in the worst of conditions to found THE UNITED STATES OF AMERICA.

If We the People are lucky, they'll try to abort the Second Amendment and physically try to take our guns. I imagine we'd find millions marching on Washington. It's not like we don't have more experienced military leadership in our plate. There are over 100,000,000 gun owners. Think about that. That happens and it's pushed to the limit just before whoever calls the shots gives the go ahead.

It's hard to convey to those younger people why we older people love America so much because we grew up in a different America. Our leaders in Washington for the past 30-35 years has been almost as evil as any regime we don't agree with when we invade their country. I used to think Socialism and Communism was the enemey(it's thriving here). It's not anymore. It's our Government.

We better have used the 3 trillion missing dollars ( see 911). That's not conspiracy. The conspiracy is within our "leadership". There are many people that believe we already own superior weapons born from a different planet. The Chinese sure as hell aren't afraid of us with that nut Xi in power.

Throw this old man's rant out, but you folks believing in milk and honey and all is well will find it contains arsenic when it's too late. But one thing we can all agree on is Gooooo Tigers!!

 

[Tiger Guru]

I don't know about you, but I've come to realize that We The People have been experiencing a whole lot of taxation without representation, and I'm getting pretty tired of it.

I thought about this the other day. We actually started a war with the largest army in the world over taxes and just think of the taxes you pay now.

We are so soft as a society we literally allow them to tax us on our own income and everything else under the sun and our thought process is “what can we do about it?”

I thought about this and I thought about our news media. It’s already over. It’s been over. There really isn’t anything we can do about it now.

Oh well, you going to the Spring Game?

 

[thadkew]

Shit, if it's way off topic, why the fvck is it on here? Take to the other goddamn board
@Cris_Ard

 

[OrangeTigerTower]

Why should I have to pay for your kids? Sounds like just another entitlement to me.

Because they will be the ones paying for your social security. The .gov needs to encourage pop growth else we end up like China

 

[scotchtiger]

Shit, if it's way off topic, why the fvck is it on here? Take to the other goddamn board
@Cris_Ard

Don’t. Click.

 

[RdKgTgr]

I hear ya. Go talk to a tax planner…there are a lot of tax shelter that are probably available to you. Gotta play the game unfortunately.

Shhhh....wife is a CPA, can't replace her!!

 

[diehardtiger1989]

Shit, if it's way off topic, why the fvck is it on here? Take to the other goddamn board
@Cris_Ard

Are you ok? You seem angry.

 

[coop#]

A lot of angry white people in this thread

 

[BlueRidgedf]

A lot of angry white people in this thread

This is how liberals are the racist. How do you know all these people are white. Because you think black people don't have jobs and don't pay taxes.

 

[coop#]

This is how liberals are the racist. How do you know all these people are white. Because you think black people don't have jobs and don't pay taxes.

Context clues. Much like my assumption that you are a white redneck

 

[Jjh7]

the annual 6 figure extortion dear leader demands or it's off to the gulag.

don't really get why people don't collectively ignore it. for one not a single dollar they confiscate is spent effectively. they also obviously don't give a flying fk about managing their spending or debt...we're already at 33 trillion plus ~80-100+ trillion of unfunded entitlements. we're just throwing pearls to the pigs to push up the daisies. if debt doesn't matter...at all...to them, get it from someone else.

 

[BlueRidgedf]

Context clues. Much like my assumption that you are a white redneck

And also liberals don't think black people are smart enough to get a ID.

 

[scotchtiger]

A lot of angry white people in this thread

Taxes are definitely one of the things that makes me angry. It’s absurd how much we pay while others skate by on the backs of the producers. The guy paying a single digit effective rate complaining about how others need to pay their fair share is worse than the shittiest left lane driver. Though both should be thrown off a cliff.

 

[Clemson Goat]

Social Programs are not free someone has to pay for them.

 

[coop#]

Taxes are definitely one of the things that makes me angry. It’s absurd how much we pay while others skate by on the backs of the producers. The guy paying a single digit effective rate complaining about how others need to pay their fair share is worse than the shittiest left lane driver. Though both should be thrown off a cliff.

Oh, I don't disagree. It's interesting to me how we are trying to right the wrongs of inequality with higher taxes, while ignoring the fact that people that have to still work are the ones paying taxes. I'm still working because my family didn't benefit from inequality over the last 400 years. If you're trying to make up for those wrongs, take money from all the 30 and 40 year olds in Charlotte I see not working just living off of their trust funds and inheritance