Re: 1/3rd of American Men Don't Work.
[Re: KeithC]
#7360699
09/21/21 07:05 AM
09/21/21 07:05 AM
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J Staton
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J Staton
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The majority of taxes are just plain and simple theft. Supporting programs that the Founders never attended. I guess that's the thing with individual freedom, you might fail. In the race of a life as a free man/woman, taxes shoot you in the foot as you begin to run the race.
Last edited by J Staton; 09/21/21 07:06 AM.
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Re: 1/3rd of American Men Don't Work.
[Re: KeithC]
#7360938
09/21/21 02:20 PM
09/21/21 02:20 PM
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Joined: Aug 2011
Posts: 45,491 james bay frontierOnt.
Boco
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You cant have a functioning government or society without taxes. If you shirk your responsibility as a citizen you are a theif and a cheat. No different than an able bodied person lying to get disability or welfare-a cheat. In both cases it is the honest man who pays the price thru higher taxes.
Last edited by Boco; 09/21/21 02:23 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: 1/3rd of American Men Don't Work.
[Re: KeithC]
#7360958
09/21/21 02:36 PM
09/21/21 02:36 PM
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Joined: Dec 2010
Posts: 11,181 Armpit, ak
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Boco only 30% of Federal spending goes to functioning government. I'm sure I pay more than 30% of my taxes. Our society is plenty dysfunctional due to government spending. Just trying fix that part. It is sacrifice for the good I'm willing to make. It requires no effort, and I'm willing to make that effort.
Who is John Galt?
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Re: 1/3rd of American Men Don't Work.
[Re: Dirt]
#7360961
09/21/21 02:44 PM
09/21/21 02:44 PM
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Joined: Aug 2011
Posts: 45,491 james bay frontierOnt.
Boco
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Boco only 30% of Federal spending goes to functioning government. I'm sure I pay more than 30% of my taxes. Our society is plenty dysfunctional due to government spending. Just trying fix that part. It is sacrifice for the good I'm willing to make. It requires no effort, and I'm willing to make that effort. So a lot is wasted thru corruption.I think I read somewhere that the military paid $500 for a light bulb for example.obviously it didnt cost 500 to make the light bulb.Can we say siphoned off by crooks? Itis crooks everywhere that cost the honest man.I guess if you cant beat them join them.
Forget that fear of gravity-get a little savagery in your life.
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Re: 1/3rd of American Men Don't Work.
[Re: KeithC]
#7360966
09/21/21 02:56 PM
09/21/21 02:56 PM
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Joined: Dec 2010
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I ain't interested in the "Blame Game". Fact is the Federal government does not spend money wisely no matter what they spend it on. They don't care. It is Keynesian economics. The money goes out to stimulate the economy. That's it. They are supposed to reign in spending during good economic times. Apparently, there are none anymore. Next year I'll pay twice my taxes that the tax code says I owe, so everybody else's goes down. The funny thing is the IRS will send back the over payment. They have done it before. Hate to tell you this , but the IRS is big time in the Redistribution (outgoing) business too.
Last edited by Dirt; 09/21/21 03:11 PM.
Who is John Galt?
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Re: 1/3rd of American Men Don't Work.
[Re: KeithC]
#7360982
09/21/21 03:29 PM
09/21/21 03:29 PM
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Joined: Dec 2010
Posts: 11,181 Armpit, ak
Dirt
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"The percentage of filers with no liability spiked at 42 percent in 2009 with creation of the Making Work Pay tax credit. As the economy recovered from the Great Recession, the percentage of filers with no liability declined to 32 percent in 2017. The percentage has begun to spike again after the TCJA doubled the Child Tax Credit to $2,000 from $1,000. This increased the number of non-payers by more than 4 million, from 49.1 million to 53.3 million.
Many of these low-income taxpayers receive refundable tax credits, which means that they get a check back from the IRS even if they have no income tax liability.
The combination of deductions and refundable tax credits means many lower-income households face negative income tax rates. According to Congressional Budget Office (CBO) data for 2017, the lowest quintile faced a negative 10.9 percent income tax rate, and the second quintile faced a negative 1.0 percent income tax rate. We do not have CBO data for 2018, but we know that the Tax Cuts and Jobs Act reduced income taxes across all quintiles on average, so the negative rates for the bottom two quintiles should fall further and the middle quintile could dip into negative as well."
If I would have signed up for Obamacare and took my deserved subsidy, I could have paid negative taxes too.
"IRS Suspends Requirement to Repay Excess Advance Payments of the 2020 Premium Tax Credit
If you have excess advance payments of the premium tax credit (excess APTC) for 2020, you are not required to report the excess APTC on your 2020 tax return or file Form 8962, Premium Tax Credit."
They even let you keep the overpayment
Last edited by Dirt; 09/21/21 05:09 PM.
Who is John Galt?
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Re: 1/3rd of American Men Don't Work.
[Re: ]
#7360997
09/21/21 03:53 PM
09/21/21 03:53 PM
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Joined: May 2009
Posts: 15,631 Champaign County, Ohio.
KeithC
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Biden announced yesterday a 10 fold increase in refugees for 2022. Replacement workers are being ushered in as fast as possible.
That Dairy Queen with only drive thru hours will be open for indoor dining soon.
We should take the cream of immigrants, not the scum of the earth. The democrats are bringing in the scum, knowing they will almost assuredly be democrats for life. Keith
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Re: 1/3rd of American Men Don't Work.
[Re: KeithC]
#7361147
09/21/21 06:35 PM
09/21/21 06:35 PM
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Joined: Dec 2010
Posts: 11,181 Armpit, ak
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"Today, the President released his 2015 federal income tax returns. The President and the First Lady filed their income tax returns jointly and reported adjusted gross income of $436,065. The Obamas paid $81,472 in total tax. The President’s effective federal income tax rate is 18.7 percent."
Tax rate anything over $18,451 was 15% Anything over $74,901 was 25 to 35%
You think they were avoiding paying their fair share ?
Last edited by Dirt; 09/21/21 07:20 PM.
Who is John Galt?
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Re: 1/3rd of American Men Don't Work.
[Re: KeithC]
#7361174
09/21/21 07:12 PM
09/21/21 07:12 PM
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Joined: Dec 2010
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"Obama said that because his tax returns were public during his presidency, he wouldn't be able to take advantage of any loopholes. He added that he's happy to contribute, however, because of what the country has given him.
"I don't enjoy writing big checks to the Treasury Department any more than you do. But I have been so blessed by this country," he said.
"For me to be able to pay my fair share of sustaining this amazing nation so kids coming up behind me are going to have the same opportunities that I do, is something that I insist upon," he added."
Who is John Galt?
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