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posted to rec.boats
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
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Where does the Goldman Sachs money go??
"Bill McKee" wrote in message
m...
"nom=de=plume" wrote in message
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"Bill McKee" wrote in message
m...
"nom=de=plume" wrote in message
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wrote in message
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On Mon, 26 Apr 2010 11:58:13 -0700, "nom=de=plume"
wrote:
wrote in message
news:sv7at5trllmm8aa7fgcf4c7osrn91cdcen@4ax. com...
On Sun, 25 Apr 2010 21:18:39 -0600, Canuck57
wrote:
On 25/04/2010 7:16 PM, wrote:
My real problem is, this will put
us past the evil $250k mark if I try to roll it all at once and
the
IRS will come after me.
Pray tell what is the $250K mark? Some penalties? And roll it into
what? IRA? Capital gains amount??
If you make over $250k the Obama tax increases really smack you.
Untrue. It's a small increase. Those over $250K hardly care. At least
that's
my reaction anyway.
If you really "make" over $250k I agree but if you just get slammed
into the $250k bracket for a one time thing it seems more painful. I
do understand there are averaging tricks but I am trying to keep it
simple if I can.
Anyone who is close to the $250K line isn't going to be hanging
themselves in the garage over the tax diff. if they should actually
have reported income over that amount.
--
Nom=de=Plume
Why not **** about the excess taxes when you make +$250k? You must
never had a great year as an attorney. When the state and Feds take
about 1/2 your money you have a bought the right to bitch. If you are a
California resident married, no children at home and lets say you get a
windfall of $200 stock option. The Feds will take 35% taxes, 1.5%
Medicare tax and the State of California will take 10%. Nice, $46.5% of
your money just went to government entities. Where a family of 4 making
$50k pays no income tax. They and their kids get a free ride. No wonder
they like Obama and government stimulus checks, and spending. They
forget that the excess spending is going to cause inflation and massive
debt for those children.
Blah, blah from you. We all know you're never going to be in the over
$250K category. So, you're the one bitchin about a tax break. Dumb is as
dumb is.
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Nom=de=Plume
I am more likely to have been in that catagory than a failed "patent"
attorney.
Meta message: You aren't, never were, and never will be.
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Nom=de=Plume
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