Posted: 2/19/2011 5:52:24 AM EDT
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Why am I paying out 28.6% of each of my checks to taxes?
The 20 hrs of overtime only nets me 60%. |
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Start writing letters. Tell your Congressmen and The Kenyan that it's the end of the road for the obscene spending in HHS, and that you've had enough. Vote in anti-spending representatives.
Here's another little annoyance - your taxes need to increase by 33% in order to balance the budget. |
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Quoted:
I wish I was only paying 28%.  Amen. After figuring my contributions to the nation I went to see how nice a car I could be buying with those payments ... "super class" sports cars like the Porsche 911 GT3, ZR1 Corvette, or a Maserati GranTurismo with zero down. |
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Federal government spends about $12K per capita, or $48K for a family of four.
Since the median household income isn't much more than that, the only way the vast majority of Americans get to spend any of their own money is for those who make more to pay more. Only solution is to cut spending, and everyone wants to cut only those programs they don't feel they benefit from personally, so nothing gets cut. Most years I haven't had to pay my $48K, so I don't feel any need to bitch about the tax code, I just focus on the spending. |
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Quoted: Why am I paying out 28.6% of each of my checks to taxes? You owe Ms. Jasper:  Sharon Jasper sits in the living room of her voucher-backed private residence. "I might be poor but I don't like to live poor. I thank God for a place to live but it's pitiful what people give you." So shut up white boy! and get back to work! |
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Quoted:
Start writing letters. Tell your Congressmen and The Kenyan that it's the end of the road for the obscene spending in HHS, and that you've had enough. Vote in anti-spending representatives. Here's another little annoyance - your taxes need to increase by 33% in order to balance the budget. Assuming spending stays the same. |
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Quoted:
that's before you pay sales tax, property tax, etc... Ahh yes. Don't forget that after you get to keep 60% of your money, you get to pay taxes on what you buy with that money and if it is anything signifigant you also get to pay taxes on that item every year you own it until you are dead. If we got a bill at the end of the year for the taxes we paid in total, it would have been 1770s all over again a looooong time ago. I make a very modest living and I'm paying near 25%. Every standard pay period, 20 hours of my work goes to Uncle Sam. |
| Why 28.6%? There's a lot of hongry chillun and their parents who are part of that 43 million living off food stamps, Section 8 housing or the projects. You're also contributing to Medicare/Medicaid as well as Socialist Security, something you'll never collect from either when it's your turn. But don't complain, you're doing the compassionate thing in supporting them. |
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Quoted:
Start writing letters. Tell your Congressmen and The Kenyan that it's the end of the road for the obscene spending in HHS, and that you've had enough. Vote in anti-spending representatives. Here's another little annoyance - your taxes need to increase by 33% in order to balance the budget. This assumes that nobody buys an exception, and nobody's income goes down. |
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Quoted:
Quoted:
Start writing letters. Tell your Congressmen and The Kenyan that it's the end of the road for the obscene spending in HHS, and that you've had enough. Vote in anti-spending representatives. Here's another little annoyance - your taxes need to increase by 33% in order to balance the budget. This assumes that nobody buys an exception, and nobody's income goes down. We can only talk about snap shots. All sorts of bad things can happen. Many good things, too, but that will require a Congress with balls, and willing to shut off the spigot. |
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Quoted:
There is a reason I don't like working more then about 15 hours of OT per week, it's called taxes. That's why 3 out of every 4 hours of overtime I worked last year were unpaid hours. See? I'm beating the system, showing them who's boss, stickin' it to the man.........oh, wait a minute. |
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Quoted: Quoted: I wish I was only paying 28%. Amen. After figuring my contributions to the nation I went to see how nice a car I could be buying with those payments ... "super class" sports cars like the Porsche 911 GT3, ZR1 Corvette, or a Maserati GranTurismo with zero down. Depressing, ain't it? Single biggest expense in my life is government.  |