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Old 02-28-2014, 09:21 PM
 
32,062 posts, read 15,058,461 times
Reputation: 13685

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Quote:
Originally Posted by Tilt11 View Post
Couple That Found $10 Million in Gold Coins Will Have to Hand Over HOW MUCH in Taxes? | Video | TheBlaze.com

Good guy government. "Hey, thats half ours now you lowly pukes!!"

Work hard, luck out, find treasure on your own property, doesnt matter. The government gets to take what they feel is rightfully theirs. I hate the government more and more. The forceful over reaching hand that gets to take and then spend wildly. All the while, the elitists in DC are over paid and get the best benefits and whatnot as our expense.

I swear, the Founding Fathers would be rolling in their graves to see what's become of Government. Government is now everything that they feared. Overly powerful elitist jerks. And we as a people stand by and just laugh or shrug. We are pathetic as a whole.

Why blame the government. We all pay taxes on our income whether we earn it or find it. The couple's fault was in disclosing this info. Personally, I would have kept it to myself
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Old 02-28-2014, 09:27 PM
 
Location: New Jersey
16,911 posts, read 10,589,904 times
Reputation: 16439
Quote:
Originally Posted by Harrier View Post
Could you cite this decision?

Harrier could probably find it on his own, but he would wager that many of us here would be interested in reading the opinion.
I believe it was Murphy v. IRS in 2006 that initially dealt with compensatory damages as income but could have been applied to other areas as well.
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Old 02-28-2014, 09:28 PM
 
Location: Los Angeles County, CA
29,094 posts, read 26,005,925 times
Reputation: 6128
Quote:
Originally Posted by MJJersey View Post
I believe it was Murphy v. IRS in 2006 that initially dealt with compensatory damages as income but could have been applied to other areas as well.
Thank you.

Harrier will check it out.
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Old 02-28-2014, 09:35 PM
 
Location: San Antonio Texas
11,431 posts, read 18,999,262 times
Reputation: 5224
Quote:
Originally Posted by MJJersey View Post
I think the tax code should take the cost of living index into consideration. That would make things much, much, much more equitable. It's BS that I am taxed at the same rate as a person living in Idaho.
I've ALWAYS thought that too. Ditto for the standard mileage allowance. Here in Calif, we're gouged with the highest gasoline prices in the country, yet have the same mileage allowance rate as the rest of the US.
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Old 02-28-2014, 09:37 PM
 
Location: New Jersey
16,911 posts, read 10,589,904 times
Reputation: 16439
Quote:
Originally Posted by wehotex View Post
I've ALWAYS thought that too. Ditto for the standard mileage allowance. Here in Calif, we're gouged with the highest gasoline prices in the country, yet have the same mileage allowance as the rest of the US.
True, NJ has relatively low gasoline costs. I wouldn't mind having that increase my federal taxes if the feds also took our state income, sales tax, property tax and general consumer prices into consideration. It really is a great idea.
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Old 02-28-2014, 09:37 PM
 
Location: Los Angeles County, CA
29,094 posts, read 26,005,925 times
Reputation: 6128
Quote:
Originally Posted by wehotex View Post
Here in Calif, we're gouged with the highest gasoline prices in the country, yet have the same mileage allowance as the rest of the US.
Yet you liberals keep voting for the Democrats responsible for the gasoline taxes that are the crux of the high prices.

Oil companies have to import oil because left-wingers won't allow them to drill offshore - which would result in lower prices.

Quit complaining and start voting Republican.
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Old 02-28-2014, 09:41 PM
 
1,825 posts, read 1,419,059 times
Reputation: 540
Quote:
Originally Posted by MJJersey View Post
True, NJ has relatively low gasoline costs. I wouldn't mind having that increase my federal taxes if the feds also took our state income, sales tax, property tax and general consumer prices into consideration. It really is a great idea.
The feds do. It is just that most people don't itemize. However Republicans wan't to get rid of that.

http://www.crainsnewyork.com/article...wealthy-nyers#
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Old 02-28-2014, 09:43 PM
 
Location: San Antonio Texas
11,431 posts, read 18,999,262 times
Reputation: 5224
Quote:
Originally Posted by Harrier View Post
Yet you liberals keep voting for the Democrats responsible for the gasoline taxes that are the crux of the high prices.

Oil companies have to import oil because left-wingers won't allow them to drill offshore - which would result in lower prices.
Speak for yourself. I've voted for Boxer and Feinstein in the past, but I've just about given up on them. I'm voting third party from here on out. Neither party is for the American middle class. Import oil? There's plenty of fracking going on right now within this country. We should have nuked China when we had the chance- then we'd have no overpopulation and no competition for finite resources like oil. No need to kill dolphins, whales and other endangered marine life.
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Old 02-28-2014, 09:53 PM
 
Location: Los Angeles County, CA
29,094 posts, read 26,005,925 times
Reputation: 6128
Quote:
Originally Posted by wehotex View Post
Speak for yourself. I've voted for Boxer and Feinstein in the past, but I've just about given up on them.
Harrier is glad to hear it.

When you stop claiming that Californians are "gouged" concerning gasoline prices then he will believe.
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Old 02-28-2014, 10:01 PM
 
26,143 posts, read 19,838,779 times
Reputation: 17241
Angry *

No surprise at all...... THEY SHOULD HAVE KEPT THIER MOUTH SHUT ABOUT IT!!
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