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Taxes

Started by Speedbag, March 08, 2011, 02:53:00 PM

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AJ

#15
March 08, 2011, 06:10:47 PM
^^you're really tired ;D

Since you got a refund, you gave the gov't more $ in 2010 than you needed to.  that cash was an interest-free loan to Uncle Sam, deducted from your paycheck.  If you owe taxes, you've essentially received an interest free loan from the gov't for the time period Jan 1, 2011 to whenever you pay up (April 14 for hbliam)
Quote from: The Bacon Junkie on November 08, 2011, 09:32:47 PM
It was great meeting "The Dude" at long last.   She brought us some epic beer.

AJ

#16
March 08, 2011, 06:14:38 PM
Quote from: Monster Dave on March 08, 2011, 06:02:45 PM
Either I'm really tired or that makes no practical sense what-so-ever.
Oh...unless you were referring to the "side business, home interest, and going to school" bit, in which case nevermind :)
Quote from: The Bacon Junkie on November 08, 2011, 09:32:47 PM
It was great meeting "The Dude" at long last.   She brought us some epic beer.

ducpainter

#17
March 08, 2011, 06:21:01 PM
 [popcorn]
"Once you accept that a child on the autistic spectrum experiences the world in
 a completely different way than you, you will be open to understand how that
 perspective
    is even more amazing than yours."
    To realize the value of nine  months:
    Ask a mother who gave birth to a stillborn.
"Don't piss off old people The older we get, the less 'Life in Prison' is a deterrent."


hbliam

#18
March 08, 2011, 06:32:01 PM
Quote from: Monster Dave on March 08, 2011, 06:02:45 PM
Either I'm really tired or that makes no practical sense what-so-ever.

You must be really tired.

ducpainter

#19
March 08, 2011, 06:33:06 PM
 [popcorn]
"Once you accept that a child on the autistic spectrum experiences the world in
 a completely different way than you, you will be open to understand how that
 perspective
    is even more amazing than yours."
    To realize the value of nine  months:
    Ask a mother who gave birth to a stillborn.
"Don't piss off old people The older we get, the less 'Life in Prison' is a deterrent."


hbliam

#20
March 08, 2011, 06:37:20 PM
Quote from: AJ on March 08, 2011, 04:33:50 PM
I love my country, and I know I have to contribute my share...
...but I'm still jealous.

Sorry, when I said grand total I added both my State and Federal burden together. Feds 6.75%, State 2.35%.  [thumbsup]

Keep in mind that some people's 9.1% is more in dollars then someone else's 25%. I paid my FAIR share.

mitt

#21
March 08, 2011, 06:41:38 PM


While I was complaining about taxes years ago, an old friend of mine said it is always better to be on the paying end than the receiving end.   I think that still holds true.


mitt

ducpainter

#22
March 08, 2011, 06:47:07 PM
Quote from: mitt on March 08, 2011, 06:41:38 PM

While I was complaining about taxes years ago, an old friend of mine said it is always better to be on the paying end than the receiving end.   I think that still holds true.


mitt
Someday...

I'd like to pay a million dollars in taxes. ;D
"Once you accept that a child on the autistic spectrum experiences the world in
 a completely different way than you, you will be open to understand how that
 perspective
    is even more amazing than yours."
    To realize the value of nine  months:
    Ask a mother who gave birth to a stillborn.
"Don't piss off old people The older we get, the less 'Life in Prison' is a deterrent."


AJ

#23
March 08, 2011, 06:50:41 PM
Quote from: hbliam on March 08, 2011, 06:37:20 PM
Keep in mind that some people's 9.1% is more in dollars then someone else's 25%. I paid my FAIR share.
Absolutely!!!
I've just lived in Taxachusetts & California (feels like 10% on everything) for the past 16 years....feels like more than my fair share...

Ok, ok, i'll quit my whining  :)
Quote from: The Bacon Junkie on November 08, 2011, 09:32:47 PM
It was great meeting "The Dude" at long last.   She brought us some epic beer.

Grampa

#24
March 08, 2011, 06:52:40 PM
Quote from: ducpainter on March 08, 2011, 06:47:07 PM
Someday...

I'd like to pay a million dollars in taxes. ;D

pay mine then.... thats a good start  [laugh]
Gaspar, Melchior and Balthasar kicked me out of the band..... they said I didnt fit the image they were trying to project. 

So I went solo.  -Me

Some people call 911..... some people are 911
-Marcus Luttrell

hbliam

#25
March 08, 2011, 06:53:18 PM
Quote from: ducpainter on March 08, 2011, 06:47:07 PM
Someday...

I'd like to pay a million dollars in taxes. ;D

Exactly.

AJ

#26
March 08, 2011, 06:54:35 PM
Quote from: ducpainter on March 08, 2011, 06:47:07 PM
Someday...
I'd like to pay a million dollars in taxes. ;D
YES [laugh]
Quote from: The Bacon Junkie on November 08, 2011, 09:32:47 PM
It was great meeting "The Dude" at long last.   She brought us some epic beer.

ducpainter

#27
March 08, 2011, 07:00:31 PM
Quote from: bobspapa on March 08, 2011, 06:52:40 PM
pay mine then.... thats a good start  [laugh]
When I owe a mil...

no problem. ;)
"Once you accept that a child on the autistic spectrum experiences the world in
 a completely different way than you, you will be open to understand how that
 perspective
    is even more amazing than yours."
    To realize the value of nine  months:
    Ask a mother who gave birth to a stillborn.
"Don't piss off old people The older we get, the less 'Life in Prison' is a deterrent."


Monster Dave

#28
March 08, 2011, 07:28:04 PM
yep, I'd done for the day - too tired for this to make any sense...

Hasta mananna all.

SacDuc

#29
March 08, 2011, 08:09:49 PM
Quote from: Statler on March 08, 2011, 03:57:02 PM
nobody employed by someone else should complain about taxes as their employer is paying a chunk for them.

I won't rant about being an employer because it's still better except for paying taxes.   ;D

And with quarterly estimates, April 15 is just another round.


The trick: be self employed with no employees. I have a regular gig, my wife is self employed and is incorporated. Our actual federal tax rate (filing jointly) for the past two years has been about 6%. I often wonder how many people know what there actual tax rate is as a ratio of gross income to total income tax paid. I hear so many people pregnant doging about high income taxes in this country. I don't see it. Incorporate and magically those taxes just up and disappear.

Now the friggin' property tax and sales tax in this fair CA county, that's something I could pregnant dog about.

sac

sac

sac
HATERS GONNA HATE.
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