WhatUwish4: I think that is because taxes are already so damn high people have reached the breaking point. And the fact that so much is wasteful spending just irks us even more
Wasteful spending is always annoying. But ARE US taxes particularly high? I don't know the answer. I just wondered what the figures were like?
Fallingman: Wasteful spending is always annoying. But ARE US taxes particularly high? I don't know the answer. I just wondered what the figures were like?
Taxes are bad when you have to live down at the river IN A VAN.
Note in the right hand column... PLUS x% over the minimum income... This is where it really racks up...
Not over $8,025.................................................................. 10% of the taxable income Over $8,025 but not over $32,550...................................... $802.50 plus 15% of the excess over $8,025 Over $32,550 but not over $78,850.................................... $4,481.25 plus 25% of the excess over $32,550 Over $78,850 but not over $164,550.................................. $16,056.25 plus 28% of the excess over $78,850 Over $164,550 but not over $357,700 ............................... $40,052.25 plus 33% of the excess over $164,550 Over $357,700 .................................................................... $103,791.75 plus 35% of the excess over $357,700
Heads of Households Not over $11,450................................................................ 10% of the taxable income Over $11,450 but not over $43,650.................................... $1,145 plus 15% of the excess over $11,450 Over $43,650 but not over $112,650.................................. $5,975 plus 25% of the excess over $43,650 Over $112,650 but not over $182,400................................ $23,225 plus 28% of the excess over $112,650 Over $182,400 but not over $357,700................................ $42,755 plus 33% of the excess over $182,400 Over $357,700 .................................................................... $100,604 plus 35% of the excess over $357,700
Married Individuals Filing Joint Returns and Surviving Spouses Not over $16,050................................................................ 10% of the taxable income Over $16,050 but not over $65,100.................................... $1,605 plus 15% of the excess over $16,050 Over $65,100 but not over $131,450.................................. $8,962.50 plus 25% of the excess over $65,100 Over $131,450 but not over $200,300................................ $25,550 plus 28% of the excess over $131,450 Over $200,300 but not over $357,700................................ $44,828 plus 33% of the excess over $200,300 Over $357,700 .................................................................... $96,770 plus 35% of the excess over $357,700
WhatUwish4: Note in the right hand column... PLUS x% over the minimum income... This is where it really racks up...
Not over $8,025.................................................................. 10% of the taxable income Over $8,025 but not over $32,550...................................... $802.50 plus 15% of the excess over $8,025 Over $32,550 but not over $78,850.................................... $4,481.25 plus 25% of the excess over $32,550 Over $78,850 but not over $164,550.................................. $16,056.25 plus 28% of the excess over $78,850 Over $164,550 but not over $357,700 ............................... $40,052.25 plus 33% of the excess over $164,550 Over $357,700 .................................................................... $103,791.75 plus 35% of the excess over $357,700
Heads of Households Not over $11,450................................................................ 10% of the taxable income Over $11,450 but not over $43,650.................................... $1,145 plus 15% of the excess over $11,450 Over $43,650 but not over $112,650.................................. $5,975 plus 25% of the excess over $43,650 Over $112,650 but not over $182,400................................ $23,225 plus 28% of the excess over $112,650 Over $182,400 but not over $357,700................................ $42,755 plus 33% of the excess over $182,400 Over $357,700 .................................................................... $100,604 plus 35% of the excess over $357,700
Married Individuals Filing Joint Returns and Surviving Spouses Not over $16,050................................................................ 10% of the taxable income Over $16,050 but not over $65,100.................................... $1,605 plus 15% of the excess over $16,050 Over $65,100 but not over $131,450.................................. $8,962.50 plus 25% of the excess over $65,100 Over $131,450 but not over $200,300................................ $25,550 plus 28% of the excess over $131,450 Over $200,300 but not over $357,700................................ $44,828 plus 33% of the excess over $200,300 Over $357,700 .................................................................... $96,770 plus 35% of the excess over $357,700
That is income. Now add property tax. And in my case Sales tax and water tax. Not to mention hidden gas tax. Not a pretty picture.
agman: That is income. Now add property tax. And in my case Sales tax and water tax. Not to mention hidden gas tax. Not a pretty picture.
yes we have all those taxes much the same. Income - higher, property (small) water, sales etc. They are a bit lower than here but probably not a lot lower when all added up.
agman: Every State has its own government. Let me explain how many levels of government americans are under.
Federal then State then County then City then Homeowners association finally your own family.
So your could be paying taxes to 6 entities.
I know that....but when you have a big asset in a territory purchased by the US Government on behalf of all the inhabitants of the US why do the locals get this windfall? Why is it not shared among all?
Fallingman: I know that....but when you have a big asset in a territory purchased by the US Government on behalf of all the inhabitants of the US why do the locals get this windfall? Why is it not shared among all?
Alaska is a State not a Territory. I presume,the Federal Government is getting it's cut on the Oil Revenue.
Conrad73: Alaska is a State not a Territory. I presume,the Federal Government is getting it's cut on the Oil Revenue.
I know it is a State....but it just seems a little unfair in the distribution of wealth that belongs to all US citizens.....or should in my view. Maybe the Government is getting a sufficient cut?
Fallingman: I know that....but when you have a big asset in a territory purchased by the US Government on behalf of all the inhabitants of the US why do the locals get this windfall? Why is it not shared among all?
May ask the same question to people in Nevada who also don't have state taxes, as most revenue is acquired from the casino industry. Should not casino revenues be spread to all americans.
Also Texas has or had many oil wells with revenue. Much of this goes to state universities in Texas. That is why education in Texas is very cheap.
I could go on. But in general they own the land and they get the benefits of the land.
I'm voting Democrat because I believe the government will do a better of spending the money that I earn, than I would.
I am voting Democrat because freedom of speech is fine as long as nobody is offended by it.
I am voting Democrat because when we pull out of Iraq, I can be assured that the bad guys will stop what they are doing because they will think that we are good people now.
I am voting Democrat because I believe that the people who can't tell us whether or not it will rain on Friday... Can tell us that the polar ice caps will melt away in ten years if I don't start driving a Prius.
I am voting Democrat because that I believe that businesses should not be allowed to make profits for themselves. They need to break even and then give the rest to the government for redistribution as politicians see fit.
I am voting Democrat because I believe the Supreme Court Justices need to rewrite the constitution every month to suit some activist kooks who would never get their agendas past the voters.
I am voting Democrat because I believe that if criminals or terrorist invade my home, I don't want any guns in house that might hurt them.
I am voting Democrat because I think that marriage doesn't need to be just for a man and a woman. I think that people should be free to marry whatever they want. I have decided to marry my dog.
I am voting Democrat because I think the workers that have paid into social security all these years don't need or deserve it as badly as illegal aliens and persons perpetrating welfare fraud.
I am voting Democrat because I want to pay even more expensive health insurance premiums so people who do not pay a penny for their healthcare can flood the healthcare system every time that they have a headache.
I am voting Democrat because I want to further reduce our baby killing military forces and just hope that no one wants to invade the USA.
I am voting Democrat because I feel that a president who is ashamed of his country, ashamed to wear an American flag pin, who will not say the pledge of allegiance to the flag and who has never had a real job and yet lives in a 1.6 million dollar mansion... Has the best interest of the nation and my family as his primary objective.
I am voting Democrat because I want Speaker of the house, like Nancy Pelosi to save the planet, while destroying the United States of America.
I am voting Democrat because I want more real patriots like Harry Reid to be in positions of leadership.
I am voting Democrat because I want to pay higher taxes to fund giveaway pork barrel programs that have no benefit to me or the country, but make crooked politicians rich.
I am voting Democrat because I want to bring oil from countries that support terrorist organizations that want to destroy America. Why drill for domestic oil when we can just buy it from them for $150 per barrel?
MAKES YOU EVEN WONDER WHY ANYONE WOULD EVER VOTE FOR A REPUBLICAN!!!!!!!!!!!!!!!
How exciting, McCain is coming out with commericals tied to Fannie Mae and several other organizations that are folding where the ceo's made millions. They all work for the Obama campaign now.
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Wasteful spending is always annoying. But ARE US taxes particularly high? I don't know the answer. I just wondered what the figures were like?