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Old 10-08-2012, 09:51 AM
 
11,531 posts, read 10,286,380 times
Reputation: 3580

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Quote:
Originally Posted by bluesjuke View Post
Savoir Faire-
"Saint Smitty, the Mother Theresa of the right wing world, when he's not buying lunches for strange men in airports (Larry Craig?), he's giving half of his money to taxes, and fighting for the rights of the working man."





A little slander always helps a discussion.
Saint Smitty has bragged about buying lunches for strange men in airports and also brags about being more generous than many people.

Look at his posting history if you don't believe me.
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Old 10-08-2012, 10:53 AM
 
16,212 posts, read 10,814,566 times
Reputation: 8442
This might have already been said, but maybe you should move to a state to a town with no state income tax or local tax. It'd save you some money. I don't pay half of my income our in taxes and I live in GA and I honestly feel out state taxes are way too high, but it is nothing like 50% all put together, including things I buy. You should stop buying so much crap, that'd save you money and taxes.
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Old 10-08-2012, 10:54 AM
 
Location: Va. Beach
6,391 posts, read 5,165,396 times
Reputation: 2283
Quote:
Originally Posted by andywire View Post
Quite a problem indeed. Other problems to note are wages that just aren't cutting it anymore, record low taxes on the wealthy which do nothing for the economy, and record low capital gains taxes.

Waa freaking waa!

Capital Gains taxes are only what? 15%? Have youj people thought about the fact that INCOME taxes are paid on the money BEFORE it is realized as Capital Gains? It's taxed twice? How much more money do you want to get out of the profits? The more you raise the taxes, the more things will cost. Or has that fact escaped your cognizance? If i have stocks, the money a company earns is taxed, BEFORE I receive payout on my stocks.

How about the fact that the LAST time Minimum wages were raised, (A 3 step process), More people lost their jobs than ever! Blame it on Bush? Yeah right, it was Pelosi and Reid who foisted that upon us with the funds for our military bill. As soon as minimum wage went up, so did job losses, and the cost of almost everything.

Last edited by Darkatt; 10-08-2012 at 11:03 AM..
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Old 10-08-2012, 11:05 AM
 
Location: NJ
18,665 posts, read 19,962,294 times
Reputation: 7315
Quote:
Originally Posted by smittyjohnny38 View Post
He is paying it on investment income that at one timehas already been taxed at a high rate

Except of course, Wall St traders, who are investing the firms money, not theirs, and get taxed at the Golden People Carried Interest 15 percent rate. (This differs from capital gains, where skin in the game is required).

Why in the world would we reward those who took NO personal risk?

But of course, the OP, does not realize his taxes are sky high partly to cover such Wall St bums .
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Old 10-08-2012, 11:12 AM
 
33,016 posts, read 27,443,387 times
Reputation: 9074
Quote:
Originally Posted by smittyjohnny38 View Post
When you combine federal, state, property, medicare, ss, and sales taxes I am paying roughly 50 percent tax on my labor. . If I buy a 60 dollar pair of sneakers those sneakers really cost me 120 dollars, because thats how much Id have to make to really buy those sneakers. And you want to squeeze more money from the working man. You lazy socialists are the most generous people Ive ever met when your own money isnt on the line.

I'm not a liberal but I'll take a crack at this...

Depends on what state in which you live and pay property taxes. Many states have preferential property tax rates for homeowners, rates much lower than those levied on rental property..

The house in which I live has an extra $1500 property tax per year because it's a rental.

Be grateful you own your home.
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Old 10-08-2012, 11:13 AM
 
Location: Texas
9,189 posts, read 7,594,686 times
Reputation: 7801
Quote:
50 percent of what I make goes to taxes, and you lazy liberals want to squeeze more from me?
You probably don't have much anyways. This isn't your personal forum.
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Old 10-08-2012, 11:14 AM
 
1,637 posts, read 1,880,558 times
Reputation: 1240
Quote:
Originally Posted by freemkt View Post
I'm not a liberal but I'll take a crack at this...

Depends on what state in which you live and pay property taxes. Many states have preferential property tax rates for homeowners, rates much lower than those levied on rental property..

The house in which I live has an extra $1500 property tax per year because it's a rental.

Be grateful you own your home.


My property taxes are 9500 year. I live in Illinois. State income taxes were raised 67% last year. Spending cuts were nill across the board in this state, and now the Gov is crying to the Feds for a bailout. Ive seen what Democratic corruption can do to a state. Not good.
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Old 10-08-2012, 11:18 AM
 
33,016 posts, read 27,443,387 times
Reputation: 9074
Quote:
Originally Posted by Darkatt View Post
How about the fact that the LAST time Minimum wages were raised, (A 3 step process), More people lost their jobs than ever! Blame it on Bush? Yeah right, it was Pelosi and Reid who foisted that upon us with the funds for our military bill. As soon as minimum wage went up, so did job losses, and the cost of almost everything.

As an adult actually working for a living at minimum wage and paying inflated rent (due to inflated taxes on rental property), should adult breadwinners have to settle for a lower minimum wage so that Johnny can work after school?
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Old 10-08-2012, 11:19 AM
 
Location: The Brat Stop
8,347 posts, read 7,237,465 times
Reputation: 2279
Quote:
Originally Posted by smittyjohnny38 View Post
When you combine federal, state, property, medicare, ss, and sales taxes I am paying roughly 50 percent tax on my labor. . If I buy a 60 dollar pair of sneakers those sneakers really cost me 120 dollars, because thats how much Id have to make to really buy those sneakers. And you want to squeeze more money from the working man. You lazy socialists are the most generous people Ive ever met when your own money isnt on the line.
:c rying:
Cry us a river.
awww, quityerb*tchen
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Old 10-08-2012, 11:20 AM
 
1,637 posts, read 1,880,558 times
Reputation: 1240
Quote:
Originally Posted by NoJiveMan View Post
:c rying:
Cry us a river.
awww, quityerb*tchen



Sounds like a government employee to me, if you even have a job.
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