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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: puce athletic conference mad-dog skullcap 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: Zippy institution 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: Brass Insecure Hall Laser Beams 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: Zippy institution yes the elites (http://www.autoadmit.com/thread.php?thread_id=5550858&forum_id=2Reputation#47822086) |
Date: July 5th, 2024 1:44 PM Author: Crystalline Background Story 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: rebellious mint mad cow disease 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: Balding Sable Coldplay Fan (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: jet-lagged geriatric box office 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: cheese-eating stain 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: carnelian property death wish 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: cheese-eating stain 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: Nighttime plaza dysfunction 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: rebellious mint mad cow disease 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: Disgusting community account 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: puce athletic conference mad-dog skullcap 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: appetizing deranged indirect expression 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: Mischievous Ultramarine Love Of Her Life (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: Mischievous Ultramarine Love Of Her Life 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: Nighttime plaza dysfunction (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: motley dun base 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: carnelian property death wish > 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: hairless opaque brethren 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: Mischievous Ultramarine Love Of Her Life 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: Crystalline Background Story (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: Boyish Topaz Coffee Pot 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: Startling dog poop 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: adventurous chestnut clown 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: appetizing deranged indirect expression (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: Cyan Old Irish Cottage 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: rambunctious regret 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: puce athletic conference mad-dog skullcap 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: appetizing deranged indirect expression 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: hairless opaque brethren 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: Mischievous Ultramarine Love Of Her Life 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: appetizing deranged indirect expression 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: Mischievous Ultramarine Love Of Her Life 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: Diverse Unhinged Tanning Salon Becky 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: hyperventilating plum headpube 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: aphrodisiac stead 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: free-loading step-uncle's house voyeur (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: azure thriller elastic band 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: big cuck 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: Lilac floppy degenerate sanctuary 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: godawful boiling water 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: Lilac floppy degenerate sanctuary "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: Idiotic office 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: Transparent Charismatic Point 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: big cuck 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: bonkers white menage hissy fit 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: vermilion provocative boltzmann chapel 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: big cuck 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: big-titted at-the-ready national people who are hurt 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: big cuck 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) |