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Almost 40% of my income goes directly to taxes. Is that typical?
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Date: July 5th, 2024 1:43 PM Author: irradiated puppy Effective rates: Federal: 23% FICA: 4% State: 6% Property tax: 4% Sales taxes: 2%
=39%
That doesn't include things like tolls, fees, payroll taxes my employer pays...
Where does it all go? What are we getting for it? |
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Date: July 5th, 2024 2:17 PM Author: Amber duck-like home fat ankles Have you ever been outside?
Have you seen the roads, airports, hospitals, schools, police, senior citizens, etc? Did you think all of that stuff was free? |
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Date: July 5th, 2024 3:36 PM Author: charismatic boiling water cr. and then imagine these systems are envisioned, created, and maintained by the most retarded, most lazy, most bureaucratically neutered, most disincentivized, most corrupt, and most insulated class of workers we have in this country. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812635) |
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Date: July 8th, 2024 7:35 PM Author: Amber duck-like home fat ankles yes the elites (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47822086) |
Date: July 5th, 2024 1:44 PM Author: Plum Comical Indian Lodge https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F03b83b17-f9b5-4887-94c1-22a89fcce729_1024x585.jpeg
https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcb15709-4915-455e-b2a1-0c127679b618_1920x1080.png |
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Date: July 5th, 2024 1:46 PM Author: Odious doobsian shitlib Sounds right.
It makes me insanely irate when I think how much I pay in taxes. |
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Date: July 5th, 2024 4:17 PM Author: Kink-friendly copper associate (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812727) |
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Date: July 5th, 2024 9:06 PM Author: Lascivious Black Circlehead Hospital LJL at the unemployed fat man who is literally collecting food stamps who is angry about "taxes" (that he has probably never paid in his life). (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47813588) |
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Date: July 5th, 2024 1:47 PM Author: mind-boggling mother Everything same for me except no state income tax but much higher home insurance.. and property tax not as high because I don't have rich property.. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812304) |
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Date: July 5th, 2024 4:21 PM Author: Puce plaza international law enforcement agency Texas is awesome. Extremely regressive tax system here. Fuck poors, it's great to be rich here. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812732) |
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Date: July 5th, 2024 1:48 PM Author: mind-boggling mother And my federal tax is probably higher than yours while my property is poor unlike yours. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812307) |
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Date: July 5th, 2024 1:49 PM Author: excitant violent business firm you're also excluding further taxes on investing that money. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812311) |
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Date: July 5th, 2024 1:54 PM Author: Odious doobsian shitlib Nice gainz u got dere (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812326) |
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Date: July 5th, 2024 1:57 PM Author: submissive boyish native sweet tailpipe 180 (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812341) |
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Date: July 5th, 2024 1:57 PM Author: irradiated puppy Paying 20-25% on long term capital gains is relatively less irritating because it's significantly less than what I'm otherwise paying on income. Once you accept that some amount of taxation is OK in theory to fund a government, there is no good reason capital gains shouldn't be subject to some sort of taxation to at least the same extent W2 wages are taxed. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812340) |
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Date: July 5th, 2024 1:59 PM Author: Histrionic topaz national taxes don't fund the government.
taxes are a pressure valve for inflation and a way to keep you grinding on the wagie treadmill for life. progressive income taxes are the equivalent of enemy scaling in an RPG to keep you from being overpowered. truly wealthy capital holders pay effectively zero income tax.
the government is funded by printing money. |
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Date: July 5th, 2024 2:07 PM Author: multi-colored sickened sex offender (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812368) |
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Date: July 5th, 2024 2:06 PM Author: multi-colored sickened sex offender ljl this is an amazing goy answer cause it demonstrates how jews can just move the goal poasts, u pay even more than 20-25% for income so u are fine with that for capgains, such a good deal! i got the goy tax special!
furk u goy, capgains shld be taxed at zero its insane, its ur money and u can do whatever u want with it, wtf does the govt get a dip out of ANYTHING u make , its total bullshit, all tax upon individual income shld be abolished |
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Date: July 5th, 2024 2:07 PM Author: excitant violent business firm (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812372) |
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Date: July 5th, 2024 4:05 PM Author: brass hateful library Based TT. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812709) |
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Date: July 5th, 2024 4:23 PM Author: Puce plaza international law enforcement agency > its ur money and u can do whatever u want with it
Yeah like give it to somebody else, who then uses it effectively, and then at some point you get that money back with growth.
Changes hands twice, you're lucky it's just one taxable event instead of two. |
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Date: July 5th, 2024 5:26 PM Author: unholy adulterous bawdyhouse legal warrant Every time we look at our brokerage accounts should be a taxable event (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812915) |
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Date: July 5th, 2024 1:56 PM Author: multi-colored sickened sex offender its funny ppl just accept this, tax literally everything. its all so insane and just a transfer of wealthy from YOU to faggot losers like govt workers, military shits, and then welfare niggas and fats
its all insane, no one even questions the rates like why did all rich countries decide rates from like 40-60% were good for top incomes? its all just assumed this is good
and taxing corporate profits, then capital gains of shareholders, then the income workers make from corporation.. ljl this is just tax over tax over tax. its such jewish shit
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Date: July 5th, 2024 1:57 PM Author: Plum Comical Indian Lodge (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812338) |
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Date: July 5th, 2024 2:17 PM Author: Bateful Shimmering Background Story pay your fair share (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812410) |
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Date: July 5th, 2024 1:58 PM Author: Vibrant canary organic girlfriend candlestick maker Rookie numbers, I'm 45% (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812342) |
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Date: July 5th, 2024 1:58 PM Author: Aromatic generalized bond It mainly all goes indirectly to the shareholders and executives of large healthcare conglomerates and health insurance companies through Medicare / Medicaid / Tricare / Obamacare subsidies, indirectly to the shareholders and executives of junk food companies through SNAP / WIC / TANF, and indirectly to the shareholders and executives of large military contractors from the so-called "defense" budget.
A bit goes straight to boomers as Social Security or to Israel and Ukraine to subsidize their government programs, including ones we don't have. Some goes to teachers unions indirectly through state grants to buy votes.
And don't forget you missed tax on pre-tax retirement accounts that the Gov will just tax later, even if likely at lower rates. |
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Date: July 5th, 2024 2:04 PM Author: Histrionic topaz national (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812358) |
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Date: July 5th, 2024 3:12 PM Author: electric carnelian lay telephone healthcare is one of the biggest grifts in the US (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812568) |
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Date: July 5th, 2024 5:31 PM Author: bright orchestra pit Take a look at healthcare stocks over the last 2 years my man. Shit's a disaster. Over the past 3 years, healthcare is +0.6%; the S&P is at +27.91% What are you smoking? (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812929) |
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Date: July 5th, 2024 2:03 PM Author: irradiated puppy And people say things like, "They have free healthcare, better public schools, and better infrastructure in western Europe but they pay for it with higher taxes." Do they really? Does the average mid-career white collar professional in Switzerland or Denmark get more than 40% of their pay directly taken by taxes? (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812354) |
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Date: July 5th, 2024 2:04 PM Author: Histrionic topaz national no, they pay less in taxes (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812359) |
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Date: July 8th, 2024 3:03 PM Author: unholy adulterous bawdyhouse legal warrant https://en.wikipedia.org/wiki/List_of_sovereign_states_by_tax_revenue_to_GDP_ratio
European countries are 29 of the top 30 countries. Americans cannot begin to comprehend how pervasive and relentless taxation is in Europe |
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Date: July 5th, 2024 2:08 PM Author: multi-colored sickened sex offender its all stupid bullshit logic, taxes didnt even exist anywhere thesee levels for 99.99% of human history. u are just transferrring wealth, its a huge transfer of waelth thats all it does. saying it provides any benefit is stupid as shit cause the govt is always more inefficient at providing whatever
JEWS JEW JEWJWJJWJWWJ |
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Date: July 5th, 2024 2:09 PM Author: Histrionic topaz national redditors will harangue you for this and say
"I don't know about you, but I enjoy having roads to drive on and an educated citizenry. I have no problem paying my fair share." |
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Date: July 5th, 2024 2:12 PM Author: multi-colored sickened sex offender yep they will pretend whatever ur X contribution wldnt have been possible unless there was 40% tax to pay for roads and shit
its all such drivel and bullshit but ppl really believe this shit |
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Date: July 5th, 2024 2:25 PM Author: orchid round eye The presence of feral niggers allows a society to have less nice things at a given tax burden. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812437) |
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Date: July 5th, 2024 3:10 PM Author: Rose massive national security agency I'm right at or slightly over 50% (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812560) |
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Date: July 5th, 2024 4:21 PM Author: drab stimulating weed whacker foreskin 40% and still no free healthcare. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812734) |
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Date: July 5th, 2024 9:09 PM Author: Twisted theatre partner (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47813592) |
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Date: July 5th, 2024 4:57 PM Author: Fishy exhilarant spot people who are hurt Death and taxes amirite guys haha. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812827) |
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Date: July 5th, 2024 5:00 PM Author: supple milk indirect expression file as married and claim two fake kids on your return. That helped me a lot. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812831) |
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Date: July 5th, 2024 5:24 PM Author: Anal location hunting ground your federal tax rate is actually pretty low, you must be in a lower/middle bracket or have a ton of deductions. what's the problem here exactly? (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47812911) |
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Date: July 8th, 2024 3:11 PM Author: Yapping Boistinker Brunch Hey GJR did you know you’re annoying and ugly? (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47821161) |
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Date: July 5th, 2024 5:25 PM Author: Anal location hunting ground "here does it all go? What are we getting for it?"
Being Israel's sugar daddy isn't cheap, especially when they are plotting WW3.
Friendly Reminder, the jewish zionist billionaire scum pushing for WW3 pay a lower marginal tax rate than you. hth |
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Date: July 5th, 2024 6:07 PM Author: milky trip school karate Import third world slaves to deliver increasingly nutrient depleted “food” to jews and women with fake jobs (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47813033) |
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Date: July 5th, 2024 9:10 PM Author: angry selfie whorehouse 51% here in California (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47813593) |
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Date: July 8th, 2024 6:08 PM Author: supple milk indirect expression There’s no way that’s your effective rate unless you make like 1 million plus salary (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47821751) |
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Date: July 9th, 2024 10:23 AM Author: sexy ticket booth immigrant what's the breakdown? (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47823649) |
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Date: July 5th, 2024 9:24 PM Author: pea-brained beady-eyed casino Good post imo. The money goes to Employing Losers. Some people look at their federal rate, shrug, and say “well at least it’s less than Europe.” But they overlook that we’re going to pay way the fuck more into SS than we get out of it bc Scumbags and boomers are draining it. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47813628) |
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Date: July 8th, 2024 6:09 PM Author: supple milk indirect expression You aren’t correctly interpreting your effective rate. (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47821752) |
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Date: July 9th, 2024 10:25 AM Author: translucent heady coffee pot stage 60% here in Brussels (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47823651) |
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Date: July 9th, 2024 10:53 AM Author: supple milk indirect expression OP is an idiotic. He thinks he pays a “property tax” that is 4 percent of his income lol (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47823764) |