On 11/22/11 9:33 PM, 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?


It's just federal income tax. There's more to it than that, of course.
Federal tax rates in the USA are lower than in other western countries
but, of course, we don't get the benefits other countries have, such as
national health insurance.

On 22/11/2011 3:39 PM, Disgusted wrote:
On 11/22/2011 4:18 PM, bpuharic 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...1-Tax-Year.htm


•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....


Those are the rates for "taxable" income after deductions, credits, etc.
And we do NOT pay 28% on the whole "taxable" amount. There are brackets
below the 28% bracket where the applied tax is lower.

From your cite the first 8.5K is taxed at 10%. From 8.5K to 34.5K is
taxed at 15% and so on. Thus the net percentage paid is lower that 28%
for the bracket under discussion.

But you're too stupid to know that. I hope your account is smarter than
you are.

Pretty obvious bpuharic never has worked or filed, just a jailbird loser.

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

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

But economic freedom is where it is at:

http://www.fraserinstitute.org/uploa...erica-2011.pdf

65% of Canada has none to low (red). No mistake why I live in Alberta.

Coincidentally or not, the red provinces are also the largest,
liberal-socialist types.
--
All successful people have one thing in common, if even for a moment
they think rationally. They talk about ascent of Canada, but is it
pretty much the west.

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.

On Nov 23, 1:01*am, wrote:
On Tue, 22 Nov 2011 21:38:19 -0700, Canuck57
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.- Hide quoted text -

- Show quoted text -

Just who do you protect us from?
Our most dangerous opponent is a Republican led US gov't.

On Tue, 22 Nov 2011 17:39:13 -0500, Disgusted wrote:

On 11/22/2011 4:18 PM, bpuharic 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...1-Tax-Year.htm

•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....


Those are the rates for "taxable" income after deductions, credits, etc.
And we do NOT pay 28% on the whole "taxable" amount. There are
brackets below the 28% bracket where the applied tax is lower.

From your cite the first 8.5K is taxed at 10%. From 8.5K to 34.5K is
taxed at 15% and so on. Thus the net percentage paid is lower that 28%
for the bracket under discussion.

But you're too stupid to know that. I hope your account is smarter than
you are.

I can understand why you're disgusted.

On 23/11/2011 12:11 AM, wrote:
On Tue, 22 Nov 2011 23:45:50 -0700,
wrote:

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.


The expensive stuff is really the soldiers and sailors. Not only do
you have the salaries and benefits now. if they hang around 20 years
you own them for another 40 years.
The hardware is really just a jobs program, employing aerospace,
electronic and big iron companies like the ship builders.
If you look at a big DoD contract you will see it has a little pork
for at least 35 states,

One huge problem was has is that it is pure 100% wealth consumption.
There is no residual value once a bomb goes off.

Building a bridge, it is inefficient reallocation of wealth but has a
residual return. Ditto education, but war has no return.

I agree though, transition from a war economy to a peaceful one will be
hard. But given todays markets coinciding with Bernenke
print/counterfeit rant, I would say USA is toast.

And wealth is rapidly diminishing in the USA, too much consumption and
not enough production. At some point the consumption side will be
forced to back off or US will go Zimbabwe. Lets see how far Bernanke
insanity goes.

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

On Tue, 22 Nov 2011 14:26:22 -0700, Canuck57
wrote:

On 22/11/2011 2:18 PM, bpuharic 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...1-Tax-Year.htm

•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....

Bull****, the tables you quoted are for taxable income, not gross income
you dumb**** loser.

didnt read the original poster did you?


oh. you can't read

On Tue, 22 Nov 2011 17:39:13 -0500, Disgusted wrote:

On 11/22/2011 4:18 PM, bpuharic 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...1-Tax-Year.htm

•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....


Those are the rates for "taxable" income after deductions, credits, etc.
And we do NOT pay 28% on the whole "taxable" amount. There are
brackets below the 28% bracket where the applied tax is lower.

From your cite the first 8.5K is taxed at 10%. From 8.5K to 34.5K is
taxed at 15% and so on. Thus the net percentage paid is lower that 28%
for the bracket under discussion.

But you're too stupid to know that. I hope your account is smarter than
you are.

oh. you dont know what a marginal tax rate is

even though you just defined it

yeah, you're right wing alright

On Tue, 22 Nov 2011 20:40:57 -0700, Canuck57
wrote:

Pretty obvious bpuharic never has worked or filed, just a jailbird loser.

says the guy who lives in a social welfare state who complains about
social welfare states