- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Did my taxes
Posted on 1/29/24 at 5:32 am to Taxing Authority
Posted on 1/29/24 at 5:32 am to Taxing Authority
quote:
If someone is pulling in a top 10% income they're likely not crying about taxes
Anecdotally as someone who works in this area, the biggest whiners are the upper middle class types.
The top 20-30% of income earners. The truly wealthy generally don't give a frick because they have so much money it does not matter or really impact them.
The folks on here bitching the most about taxes probably pay in maybe $10K. The same folks think they are super oppressed by the state but have zero clue how many government services they actually use.
This post was edited on 1/29/24 at 7:33 am
3
Posted on 1/29/24 at 5:36 am to TJG210
quote:
consumption based tax system is the way imo
Indeed.
Posted on 1/29/24 at 5:37 am to RogerTheShrubber
quote:
consumption based tax system is the way imo
Will you provide a rebate of some kind to the poor?
Otherwise you are basically fricking over the poor badly in the name of your perceived fairness.
Posted on 1/29/24 at 5:39 am to jclem11
quote:
you provide a rebate of some kind to the poor?
Why would I want to do that?
They deserve the ability to participate in society as well.
Posted on 1/29/24 at 6:14 am to kingbob
quote:Because in essence you're loaning your money to the government for 3 months, interest free.
Don't pay early
---
Why?
Worse yet, if you're receiving a tax "refund," you've been overpaying all year. Meaning you've given Uncle Sam a 1-yr interest free loan.
Posted on 1/29/24 at 6:24 am to Broke
quote:
bullshite. I paid 36% more in 2022 than in 2021
Which means you made more. Congrats.
Posted on 1/29/24 at 6:28 am to NC_Tigah
quote:
Because in essence you're loaning your money to the government for 3 months, interest free.
Not really... mathematically speaking it doesn't pass the test
Posted on 1/29/24 at 6:30 am to jclem11
quote:
The folks on here bitchign the most about taxes probably pay in maybe $10K. The same folks think they are super oppressed by the state but have zero clue how many government services they actually use.
100 percent correct. You have to pay in a significant amount just to be a net positive impact to the system.
Posted on 1/29/24 at 6:47 am to cwill
quote:Sigh ...
Trump wants money printer to go brrrr!
The Fed has a 2% inflation target.
Following Trump's election, the Fed incrementally raised interest rates 500% through the end of 2018. The highest inflation rate at any point during that period was 0.6%.
By Dec 2018, we were not only seeing no inflation. Due to continued Fed tightening, we eventually experienced mild economic deflation at 0.3%. That circumstance drove Trump to rightly question WTF Powell was doing.
Six months later, in the back half of 2019 and nowhere near its inflation target, the Fed had to cut rates 30%.
The Fed put brakes on Trump's economy for 3 years. At the same time it doubled T-bill rates -- i.e., cost of carry for US debt. It was stupid policy and misaligned with the Fed's mandate.
Posted on 1/29/24 at 7:03 am to Powerman
quote:1% of the population foots 43% of the total tax load. Far from being appreciative of the disproportionate contribution, progs screech about the group not paying its "fair share."
If someone is pulling in a top 10% income they're likely not crying about taxes
IDK about "crying," but the lack of appreciation really pisses me off.
This post was edited on 1/29/24 at 7:04 am
Posted on 1/29/24 at 7:08 am to nola tiger lsu
quote:
I pay probably more than any of you so enjoy my money.
Everyone loves the message board poster that comes online to brag how much he makes, and at the same time belittles everyone else as an idiot.
I can promise you that there are many people on here that make as much or more than you do. They don’t have to rub it in anyone’s face, nor do they belittle them for complaining about something everyone hates, taxes. And the biggest issue is that no matter how much the government takes from us, they will find a way to waste every dime of it plus more. That will never change….and they will continue to blame the wealthy for not paying enough.
Posted on 1/29/24 at 7:39 am to Powerman
quote:
If someone is pulling in a top 10% income they're likely not crying about taxes
Definitely not true in my experience. Like at all. You can narrow that to top 1% and it’s still not true.
quote:
It's usually the lower middle class crying about the very paltry taxes they actually pay
And those people have zero control over their tax situation. It’s required by law to be removed from their check. Which helps them to not cry about it. In fact they typically celebrate getting it back
Posted on 1/29/24 at 7:48 am to cwill
quote:
Here's an explanation of QE (easing) and QT (tightening
Thanks for the refresher course on macroeconomics that I’m sure everyone reading has taken.
You think we may run into cash flow issues since these “assets” being sold are more expensive to pay back than the ones they were buying?
Posted on 1/29/24 at 7:52 am to nola tiger lsu
quote:
I pay probably more than any of you so enjoy my money.
Posted on 1/29/24 at 7:54 am to Haydo
quote:
Genuinely curious what you propose/mean by this? We already pay a consumption tax via sales tax.
Not to the federal government. It has to go through whoever you paid for the goods and their ownership structures to get any taxes out if it. Maybe that’s good, maybe not. But it’s a convoluted system that lacks transparency, and the government is seeking more transparency, by adding more layers of compliance.
Posted on 1/29/24 at 7:57 am to jclem11
quote:
The folks on here bitching the most about taxes probably pay in maybe $10K.
More idiotic projection.
Posted on 1/29/24 at 7:57 am to nola tiger lsu
quote:
Hahah, all these threads are lame by uneducated people whining about taxes. Secession talk is automatically clear you work some shitty job somewhere so you hate everything.
Nola, Xavier .. checks out
Posted on 1/29/24 at 8:14 am to Powerman
quote:Here you go.
Not really... mathematically speaking it doesn't pass the test
quote:
Posted on 1/29/24 at 8:15 am to jclem11
quote:
The folks on here bitching the most about taxes probably pay in maybe $10K. The same folks think they are super oppressed by the state but have zero clue how many government services they actually use.
Whether they use the services, or think they are getting a good value from the services are distinct issues.
The cost of these services is bloated by the labor providing them that you are basically proving has no accountability. And all it really takes is speaking to one government employee, or getting caught in between departments of one of their agencies to understand this.
Posted on 1/29/24 at 8:17 am to Coach72
find more shite to claim and cut more during the year, bruh
Page 4 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News