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Message
re: Did my taxes
Posted on 1/29/24 at 1:55 pm to El Segundo Guy
Posted on 1/29/24 at 1:55 pm to El Segundo Guy
quote:
I get a ton of hate on this board and I think it's funny.
You dare to live a little differently than the urbanists.
0
Posted on 1/29/24 at 2:02 pm to El Segundo Guy
quote:
It all depends on capital gains tax stuff. Either way, it sucks and even though I haven't worked a day in almost 4 years, I have to pay out the arse.
Imagine getting the most preferential tax rates in American history and not working and STILL BITCHING.
Amazing stuff.
Posted on 1/29/24 at 2:16 pm to El Segundo Guy
quote:I can't go that far. But I can commiserate.
I have never voted for a Dem, even in local elections.
E.g., Tossing STCGs into the highest taxed category (Income Tax rate + 3.8%) in our taxcode, after the basis was originally fully taxed as income, leaves me directing invectives at a certain Kenyan-American socialist from time-to-time.
Posted on 1/29/24 at 2:18 pm to Coach72
Washington DC is a criminal
Organization working directly against the citizens of the US.
Organization working directly against the citizens of the US.
Posted on 1/29/24 at 2:18 pm to jclem11
quote:¿Qué?
Imagine getting the most preferential tax rates in American history
Posted on 1/29/24 at 2:31 pm to NC_Tigah
quote:
¿Qué?
long term capital gain tax rates are maximum of 23.8% (including NIIT if you are subject to it), which is historically low.
Posted on 1/29/24 at 2:39 pm to jclem11
quote:Not remotely true.
which is historically low.
Before 1913, Cap Gain Taxes didn't even exist.
Rates have been as low as 12.5%.
They ran at 15% from 2003 to Obama's second term.
Posted on 1/29/24 at 3:26 pm to NC_Tigah
quote:
Not remotely true.
Okay, Mr. Ackshually.
For most of the 100-plus years, since the income tax was reintroduced in 1913, the capital gains tax rates have been higher than the current regime.
For at least 56 of the 110 years since the income tax has come back capital gains rates have been higher.
Long-term capital gains rates are very favorable under the current tax regime at 23.8%.
Wolters Kluwer
Posted on 1/29/24 at 3:59 pm to jclem11
quote:So roughly 50% of the time your "Never Lower" posit was wrong. You learned something.
For at least 56 of the 110 years since the income tax has come back capital gains rates have been higher.
quote:
Posted on 1/29/24 at 4:05 pm to jclem11
quote:Dr. Ackshually ... if you don't mind
Okay, Mr. Ackshually.
Oh BTW, I went ahead and fixed your avatar for you. No charge.
Posted on 1/29/24 at 4:32 pm to NC_Tigah
Well done.
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