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07-16-2012, 05:20 PM
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6,456 posts, read 7,773,902 times
Reputation: 3736
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Quote:
Originally Posted by TiltheEndofTime
ISo all in all...is it better to make less and be taxed less or make more and be taxed more? Should there be a flat tax rate?
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It is better to make more and be taxed less. |
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07-16-2012, 05:25 PM
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85,572 posts, read 83,022,350 times
Reputation: 61296
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Let me earn as much as i can.
Ill gladely pay the taxes.
Your friend has no clue as to how taxes work if thats what she thinks.
All the refund means is she is witholding to much from her pay check.
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07-17-2012, 11:15 AM
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Location: Texas
1,769 posts, read 2,130,549 times
Reputation: 634
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I prefer to work/make less and live frugally.
First, it's my nature to be frugal.
Second, I don't want to help fund an evil government.
.
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07-17-2012, 01:48 PM
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1,369 posts, read 1,939,643 times
Reputation: 1649
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I also want to add that this woman stated she has two homes / mortgages she was paying for! I told her, if she wanted to cut costs, she would get rid of one of the houses. Oh, and the average middle class family doesn't have two homes.
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07-17-2012, 01:51 PM
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1,369 posts, read 1,939,643 times
Reputation: 1649
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Quote:
Originally Posted by ram2
It is better to make more and be taxed less.
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You're living in fantasy land, my man. |
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07-17-2012, 05:54 PM
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Location: Great State of Texas
86,068 posts, read 76,680,348 times
Reputation: 27652
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Quote:
Originally Posted by TiltheEndofTime
You're living in fantasy land, my man.
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Quite possible to do with deferring that income from current tax rates.
Take it out when you retire and most likely in a lower bracket.
I maxed out my 401K contributions every year. It not only lowered my bracket but was like having a p/t job with no taxes taken out.
Now I'm retired and in a much lower bracket. |
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