On 22/11/2011 10:01 PM, wrote:
On Tue, 22 Nov 2011 21:38:19 -0700,
wrote:

On 22/11/2011 7:59 PM, wrote:
On Tue, 22 Nov 2011 18:33:45 -0800 (PST), North Star
wrote:

On Nov 22, 9:18 pm, wrote:
On Tue, 22 Nov 2011 16:18:32 -0500, wrote:
On Mon, 21 Nov 2011 23:59:40 -0500, wrote:

On Mon, 21 Nov 2011 17:39:33 -0500, wrote:

not enough. not enough at all. they pay 15%. i pay 28%

Bull****.

If you pay 28% you are one of the 1%.

Two people, no kids, making a combined $100k end up paying about 11%
taking the standard deduction.

not too smart are you? 28% is middle class income:

http://taxes.about.com/od/Federal-In...ates-For-The-2...

•10% on taxable income from $0 to $8,500, plus
•15% on taxable income over $8,500 to $34,500, plus
•25% on taxable income over $34,500 to $83,600, plus
•28% on taxable income over $83,600 to $174,400, plus
•33% on taxable income over $174,400 to $379,150, plus
•35% on taxable income over $379,150.

no wonder you're right wing. you're too stupid to be anything BUT....

Who does your taxes Bob?

Let's start with $100,000 (you can follow along with your 1040 book)
You start out reducing your taxable income by $11400 for the standard
deduction

Then you reduce it by $7300 for 2 exemptions

You have 81300 that you take to the tax table

You get $12, 694 but you are not done yet

Now you subtract $800 from that for the "make work pay" tax credit

Your tax on $100,000 is $11,894
That is 11.9%, not 28%

That is for someone with no mortgage deduction, no kids no other
deductions.

but don't let facts confuse what Olbermann is telling you.- Hide quoted text -

- Show quoted text -

Good Lord... does that cover both Federal and State income taxes?

That is just Federal and Florida doesn't have state income taxes.

I did run the same $100,000 against the Ontario tax web site
calculator and it was scary.

There is a "payroll" tax on wages but Obama cut that to about 5%.
(plus the employer side of 7%.)

Want to get real scary, use the link below. It includes some hidden
taxes....and both provincial and federal taxes as Canadian provinces tax
more than US states do. A more accurate view.

http://www.fraserinstitute.org/tools...alculator.aspx


Yes if you run that same $100,000 I get this


Province Tax Bill Tax
Newfoundland $45,594
P.E.I $41,663
Nova Scotia $45,257
New Brunswick $42,472
Quebec $46,304
Ontario $43,629
Manitoba $43,166
Saskatchewan $43,169
Alberta $37,484
British Columbia $44,244

That "free" health care sure isn't.

Even if you bought a $15,000 "Cadillac" health plan you would still be
$15,000 ahead of the game

The same is true if you ran it on the $60,000
but would only have about 5 grand left over.


Newfoundland $27,227
P.E.I $23,556
Nova Scotia $25,249
New Brunswick $23,661
Quebec $25,824
Ontario $24,480
Manitoba $24,400
Saskatchewan $24,281
Alberta $21,259
British Columbia $25,040

Imagine how low our taxes could be if we were not the world's
policeman, spending $800 billion a year on the DoD.
Maybe we should just charge Western Europe, Canada, Israel, Korea and
Japan "protection" money.

Yep, it is "free" if you are on the lamb, in prison or welfare.

Milk the workers up here like slaves. But even the poor get it, $50 for
jeans, in Portland it be $13. Excise taxes can be crazy. And GST/PST
on everything.

I can beat this, I pay no where nears that but it is because I use tax
advantages. But can't beat it all.

Bad part is we do pay, but the service is crap. 40% in this city can't
get a family doctor, or perhaps more accurately, once that speaks
English. Best way to get a doctor si to get sick, then they will assign
you one.

Biggest economic growth is in the underground cash economy. To evade
taxes. You know, just like a 3rd world country.

It isn't all roses. Just that the warts are on the other cheek.

You could reduce military spending by $600 billion, and you still would
be spending more than China and Russia combined. Doesn't mean you
layoff 75%, just stop all the expensive stuff.


--
All successful people have one thing in common, if even for a moment
they think rationally.