Current Events > 44% of Americans don't pay income tax.

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Gheb
04/19/17 12:56:03 PM
#51:


meingott posted...
So basically the people who work the hardest, produce the most, and don't have any kids...are keeping the country afloat for the people who work less, produce less, and have more kids than the rest.


You really don't want to make having kids more financially difficult than it already is. Steady birthrates are important for a country's health. Just look at Japan, Korea, and China for issues when your population starts getting disproportionately old.
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De Evolution
04/19/17 12:56:44 PM
#52:


TheVipaGTS posted...
...I bet our own President didn't pay taxes either...actually, he admits to that.


I would dodge taxes too if I could. Can you blame him?

He even admitted he uses tax loopholes in his debate against Hillary. What idiot wouldn't?
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Let go your earthly tether. Enter the void. Empty, and become wind.
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meingott
04/19/17 12:56:51 PM
#53:


Darkman124 posted...
meingott posted...
17% for federal income tax for 2016, will be a good deal higher in 2017. i'm not paid on a 1099, i'm salaried.


i could've swore you told me you were a contractor


that was a while back. not anymore.

anyway, the next time i do my taxes my income will be ~100k. i'm fully expecting that 30k will have evaporated with no refund. federal will be higher than 17%.
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meingott
04/19/17 12:57:49 PM
#54:


Gheb posted...
meingott posted...
So basically the people who work the hardest, produce the most, and don't have any kids...are keeping the country afloat for the people who work less, produce less, and have more kids than the rest.


You really don't want to make having kids more financially difficult than it already is. Steady birthrates are important for a country's health. Just look at Japan, Korea, and China for issues when your population starts getting disproportionately old.


sure, but the world population is growing all the same and the economy is increasingly global. a constantly growing birth rate is not sustainable, and neither is expecting single high-earners to foot the bill for all the people who choose to have children.
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#55
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REMercsChamp
04/19/17 1:00:16 PM
#56:


This is great - I love supporting welfare moms and their 20 kids!!!!
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Antifar
04/19/17 1:02:02 PM
#57:


Questionmarktarius posted...

Simple solution: end block grants, immediately.
If the fifty states can't afford it, it's fantasy to assume that all fifty can.

Block grants are bad, but not for this reason.
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Balrog0
04/19/17 1:03:04 PM
#58:


god i hate how fucking stupid this board is sometimes
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Darkman124
04/19/17 1:03:24 PM
#59:


meingott posted...
Darkman124 posted...
meingott posted...
17% for federal income tax for 2016, will be a good deal higher in 2017. i'm not paid on a 1099, i'm salaried.


i could've swore you told me you were a contractor


that was a while back. not anymore.

anyway, the next time i do my taxes my income will be ~100k. i'm fully expecting that 30k will have evaporated with no refund. federal will be higher than 17%.


you should start itemizing

your state tax may be more than your standard deduction
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DifferentialEquation
04/19/17 1:03:41 PM
#60:


People who have kids that they can't afford should be getting prison time, not subsidies or any other kind of aid.
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Darkman124
04/19/17 1:04:30 PM
#61:


fenderbender321 posted...
I say we pull the bandage off now and let the wound heal


just to be clear

when you remove the bandage, wounds don't heal. they fester, and then you die of gangrene.
---
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Webmaster4531
04/19/17 1:06:13 PM
#62:


Questionmarktarius posted...
Webmaster4531 posted...
https://wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/

Simple solution: end block grants, immediately.
If the fifty states can't afford it, it's fantasy to assume that all fifty can.

Did you read what you wrote?

If the ... can't afford it, it's fantasy to assume that ... can.
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meingott
04/19/17 1:06:44 PM
#63:


Darkman124 posted...
you should start itemizing

your state tax may be more than your standard deduction


hate to break it to you darkman, but single high-earners get taxed up the ass. itemizing won't help me until i have a couple properties rented out and making money. right now i'm getting taxed a lot regardless of what i do.
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Balrog0
04/19/17 1:08:21 PM
#64:


meingott posted...
Darkman124 posted...
you should start itemizing

your state tax may be more than your standard deduction


hate to break it to you darkman, but single high-earners get taxed up the ass. itemizing won't help me until i have a couple properties rented out and making money. right now i'm getting taxed a lot regardless of what i do.


you should move to a state with a lower tax burden bro
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Darkman124
04/19/17 1:09:05 PM
#65:


meingott posted...
Darkman124 posted...
you should start itemizing

your state tax may be more than your standard deduction


hate to break it to you darkman, but single high-earners get taxed up the ass. itemizing won't help me until i have a couple properties rented out and making money. right now i'm getting taxed a lot regardless of what i do.


i was a single high earner once, i know. part of the problem is you can't itemize since you don't have a mortgage. my schedule A reduces my taxable income by almost 40k.
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#66
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Anteaterking
04/19/17 1:26:38 PM
#67:


Balrog0 posted...
you should move to a state with a lower tax burden bro


But then he would have to face the fact that his salary is partially based off of cost of living and local taxes.
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Antifar
04/19/17 1:26:51 PM
#68:


To be clear, the wound being discussed here is people's lives, and your proposed solution is to grind them into poverty to benefit a long-term view that hasn't really been articulated.

I don't see how increasing the burden on parents now benefits society in the long run.
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Webmaster4531
04/19/17 1:28:45 PM
#69:


fenderbender321 posted...
Darkman124 posted...
fenderbender321 posted...
I say we pull the bandage off now and let the wound heal


just to be clear

when you remove the bandage, wounds don't heal. they fester, and then you die of gangrene.


Well luckily we aren't talking about medical shit, and that the meaning of the expression still applies to the topic at hand. :)

That's the typical head in the sand response. Dark says the reality and you say your preferred reality.
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Darkman124
04/19/17 1:29:10 PM
#70:


fenderbender321 posted...
Darkman124 posted...
fenderbender321 posted...
I say we pull the bandage off now and let the wound heal


just to be clear

when you remove the bandage, wounds don't heal. they fester, and then you die of gangrene.


Well luckily we aren't talking about medical shit, and that the meaning of the expression still applies to the topic at hand. :)


the festering most certainly still applies. whenever a state dramatically cuts its social safety net, death rates rise, violence rises. and the rise of authoritarian leadership follows.
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#71
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Anteaterking
04/19/17 1:31:01 PM
#72:


fenderbender321 posted...
Darkman124 posted...
fenderbender321 posted...
I say we pull the bandage off now and let the wound heal


just to be clear

when you remove the bandage, wounds don't heal. they fester, and then you die of gangrene.


Well luckily we aren't talking about medical shit, and that the meaning of the expression still applies to the topic at hand. :)


The meaning of the expression doesn't have to do with exposing a wound, but rather that once a wound has healed there's going to be a point where you need to remove the bandage and that it's better to take it off quickly instead of a long painful process.
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meingott
04/19/17 1:31:47 PM
#73:


Darkman124 posted...
meingott posted...
Darkman124 posted...
you should start itemizing

your state tax may be more than your standard deduction


hate to break it to you darkman, but single high-earners get taxed up the ass. itemizing won't help me until i have a couple properties rented out and making money. right now i'm getting taxed a lot regardless of what i do.


i was a single high earner once, i know. part of the problem is you can't itemize since you don't have a mortgage. my schedule A reduces my taxable income by almost 40k.


omg darkman teach me to be like you. mentor me

Antifar posted...
To be clear, the wound being discussed here is people's lives, and your proposed solution is to grind them into poverty to benefit a long-term view that hasn't really been articulated.

I don't see how increasing the burden on parents now benefits society in the long run.


decrease the burden on singles
---
These people are literally ignorant of the law. It's astounding. As the situation escalates I will come out victorious. - DawkinsNumber4
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#74
Post #74 was unavailable or deleted.
Antifar
04/19/17 1:34:08 PM
#75:


meingott posted...
decrease the burden on singles

At the expense of children? At the expense of productivity?
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#76
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Darkman124
04/19/17 1:34:56 PM
#77:


meingott posted...

omg darkman teach me to be like you. mentor me


max your 401k pretax, max your ROTH posttax, do more charity events in your social life and less commercial events (and track the deductable part of those), track all schedule C expenses religiously, try not to turn over holdings in CMA investment porfolios frequently, and when you are confident your employment is long-term, buy a property. then deduct your state income tax, real estate tax, and mortgage interest.
---
And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not.
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The Admiral
04/19/17 1:34:56 PM
#78:


It's funny that liberals love throwing around the term "pay their fair share," and yet never seem to take issue with the 130 million Americans playing literally nothing in federal income taxes.
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- The Admiral
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Darkman124
04/19/17 1:35:24 PM
#79:


fenderbender321 posted...
People would change so much if we switched to the (better) method I'm proposing. You all always underestimate how society changes and reacts when pushed into a corner. It's like you don't respect how great and capable humans are.


people would kill and eat you

The Admiral posted...
It's funny that liberals love throwing around the term "pay their fair share," and yet never seem to take issue with the 130 million Americans playing literally nothing in federal income taxes.


because those people pay their share in state, excise, local, sales, and payroll taxes.
---
And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not.
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Antifar
04/19/17 1:35:49 PM
#80:


The Admiral posted...
It's funny that liberals love throwing around the term "pay their fair share," and yet never seem to take issue with the 130 million Americans playing literally nothing in federal income taxes.

Is your stance that we should tax the incomes of children and the retired?
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meingott
04/19/17 1:35:55 PM
#81:


Antifar posted...
meingott posted...
decrease the burden on singles

At the expense of children? At the expense of productivity?


"WAAAA think of the children!!!!!111!1"

at the expense of people not having kids they cant afford. if "muh childrenz" are gonna suffer because you can no longer ride on the back of singles and/or the childless, maybe you couldnt afford those kids.
---
These people are literally ignorant of the law. It's astounding. As the situation escalates I will come out victorious. - DawkinsNumber4
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Darkman124
04/19/17 1:36:51 PM
#83:


meingott posted...
Antifar posted...
meingott posted...
decrease the burden on singles

At the expense of children? At the expense of productivity?


"WAAAA think of the children!!!!!111!1"

at the expense of people not having kids they cant afford. if "muh childrenz" are gonna suffer because you can no longer ride on the back of singles and/or the childless, maybe you couldnt afford those kids.


and what is your solution for those people

we're talking about you saving less for retirement in post-tax accounts vs them not being able to make rent
---
And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not.
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meingott
04/19/17 1:36:56 PM
#84:


Darkman124 posted...
meingott posted...

omg darkman teach me to be like you. mentor me


max your 401k pretax, max your ROTH posttax, do more charity events in your social life and less commercial events (and track the deductable part of those), track all schedule C expenses religiously, try not to turn over holdings in CMA investment porfolios frequently, and when you are confident your employment is long-term, buy a property. then deduct your state income tax, real estate tax, and mortgage interest.


gonna worship this writing as my new holy scripture
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These people are literally ignorant of the law. It's astounding. As the situation escalates I will come out victorious. - DawkinsNumber4
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The Admiral
04/19/17 1:37:11 PM
#85:


Darkman124 posted...
because those people pay their share in state, excise, local, sales, and payroll taxes.


... which do not fund the same things as the federal government. Hence, they're freeloading off any federal programs not specifically funded by FICA taxes, which does not seem "fair."
---
- The Admiral
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Darkman124
04/19/17 1:37:20 PM
#86:


meingott posted...


gonna worship this writing as my new holy scripture


do NOT masturbate while reading it

i do not approve of that form of worship. so speaketh THE LORD. amen.
---
And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not.
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Antifar
04/19/17 1:37:32 PM
#87:


meingott posted...
if "muh childrenz" are gonna suffer because you can no longer ride on the back of singles and/or the childless, maybe you couldnt afford those kids.

So what becomes of those kids? Does their childhood poverty turn them into productive members of society, or
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Webmaster4531
04/19/17 1:37:56 PM
#88:


The Admiral posted...
It's funny that liberals love throwing around the term "pay their fair share," and yet never seem to take issue with the 130 million Americans playing literally nothing in federal income taxes.

Webmaster4531 posted...
https://wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/

---
Ad Hominem.
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meingott
04/19/17 1:38:03 PM
#89:


Darkman124 posted...
meingott posted...
Antifar posted...
meingott posted...
decrease the burden on singles

At the expense of children? At the expense of productivity?


"WAAAA think of the children!!!!!111!1"

at the expense of people not having kids they cant afford. if "muh childrenz" are gonna suffer because you can no longer ride on the back of singles and/or the childless, maybe you couldnt afford those kids.


and what is your solution for those people

we're talking about you saving less for retirement in post-tax accounts vs them not being able to make rent


no, we're talking about me being able to support my parents when they cant work anymore vs having to pay to raise other peoples children
---
These people are literally ignorant of the law. It's astounding. As the situation escalates I will come out victorious. - DawkinsNumber4
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meingott
04/19/17 1:38:44 PM
#90:


Darkman124 posted...
meingott posted...


gonna worship this writing as my new holy scripture


do NOT masturbate while reading it

i do not approve of that form of worship. so speaketh THE LORD. amen.


fffffffff

*puts pants back on*
---
These people are literally ignorant of the law. It's astounding. As the situation escalates I will come out victorious. - DawkinsNumber4
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Darkman124
04/19/17 1:39:03 PM
#91:


The Admiral posted...
... which do not fund the same things as the federal government. Hence, they're freeloading off any federal programs not specifically funded by FICA taxes, which does not seem "fair."


the design of public services is that no one using them is 'freeloading'
---
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meingott
04/19/17 1:40:37 PM
#92:


Antifar posted...
meingott posted...
if "muh childrenz" are gonna suffer because you can no longer ride on the back of singles and/or the childless, maybe you couldnt afford those kids.

So what becomes of those kids? Does their childhood poverty turn them into productive members of society, or


we can still help people now while educating future generations on avoiding children if they cant afford to raise them
---
These people are literally ignorant of the law. It's astounding. As the situation escalates I will come out victorious. - DawkinsNumber4
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Questionmarktarius
04/19/17 1:40:42 PM
#93:


https://en.wikipedia.org/wiki/Revenue_Act_of_1913
1% from that first dollar, and the highest bracket was 7%
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Balrog0
04/19/17 1:41:10 PM
#94:


The Admiral posted...
... which do not fund the same things as the federal government. Hence, they're freeloading off any federal programs, which does not seem "fair."


What do you mean?

Almost literally everything that state and local governments do are matched by federal dollars, so your state income and sales taxes do go towards your state's share of Medicaid, for instance, or prisons/LE money. Transit money is almost exclusively paid for through excise taxes (at all levels), so the burden is pretty equitable there, if not actually regressive.

I guess you can argue that we're freeloading off of military and border security expenses but then I'm pretty liberals hate those things and want to get rid of them so how is that not ideologically consistent?
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meingott
04/19/17 1:41:38 PM
#95:


Questionmarktarius posted...
When the modern income tax started in 1916, the top bracket was 7%, and the lowest bracket didn't start until $20000 ($492674 in 2016).
Hardly anyone paid federal income tax at the time.

https://en.wikipedia.org/wiki/Revenue_Act_of_1913


"BBbbbbbut think of the children!!!1111" - Antifar
---
These people are literally ignorant of the law. It's astounding. As the situation escalates I will come out victorious. - DawkinsNumber4
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hockeybub89
04/19/17 1:41:57 PM
#96:


The Admiral posted...
Darkman124 posted...
because those people pay their share in state, excise, local, sales, and payroll taxes.


... which do not fund the same things as the federal government. Hence, they're freeloading off any federal programs not specifically funded by FICA taxes, which does not seem "fair."

Fair does not mean equal. It also wouldn't be fair to increase the burden on the poor or penalize children for being born into that. Don't see how that would benefit society.
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Questionmarktarius
04/19/17 1:42:23 PM
#97:


meingott posted...
Questionmarktarius posted...
When the modern income tax started in 1916, the top bracket was 7%, and the lowest bracket didn't start until $20000 ($492674 in 2016).
Hardly anyone paid federal income tax at the time.

https://en.wikipedia.org/wiki/Revenue_Act_of_1913


"BBbbbbbut think of the children!!!1111" - Antifar


...actually, I screwed up. There was apparently a 1% tax at the $0-20000 bracket.

[edit] ...and screwed that up. The 1% bracket started at $3000 ($73901 in 2016)
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Darkman124
04/19/17 1:42:28 PM
#98:


meingott posted...


we can still help people now while educating future generations on avoiding children if they cant afford to raise them


one great way to do that is to have a robust policy on birth control and teaching safe sex that does not produce pregnancy. it's an excellent use of tax resources which typically pays dividends.
---
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Antifar
04/19/17 1:43:09 PM
#99:


I'm frankly unconvinced that government tax policy is a significant contributing factor to whether people have children or not. Instead, it seems like the scourge of children is more or less an independent variable here and our tax policy is designed to help those who do have children.
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That_Happened
04/19/17 1:43:19 PM
#100:


Darkman124 posted...
fenderbender321 posted...
People would change so much if we switched to the (better) method I'm proposing. You all always underestimate how society changes and reacts when pushed into a corner. It's like you don't respect how great and capable humans are.


people would kill and eat you


Underrated post. fenderbender is one of the board's dumber contrarians and all the shitposting he does has probably made him plump and delicious.
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meingott
04/19/17 1:44:11 PM
#101:


Antifar posted...
I'm frankly unconvinced that government tax policy is a significant contributing factor to whether people have children or not. Instead, it seems like the scourge of children is more or less an independent variable here and our tax policy is designed to help those who do have children.


the book i told you about addresses how welfare creates parasites because of how welfare traps people into remaining unemployed
---
These people are literally ignorant of the law. It's astounding. As the situation escalates I will come out victorious. - DawkinsNumber4
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