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1977 911S Targa 2.7L (CIS) Silver/Black 1998 Chevy S-10 4x4 Pick-Up Truck, Sportside Bed 1990 Zebra Tracker died on Safari, RIP 2009 1989 modified Scat II HP Hovercraft George, Architect & Business Owner |
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Join Date: Sep 2005
Location: So. Cal.
Posts: 6,337
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Kach - half pay no income taxes. Plain and simple. You can't count payroll taxes like FICA(Social Security) or medicare as you get that money back. Income Taxes are for street and armies and borders etc.
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David 1972 911T/S MFI Survivor |
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Join Date: May 2003
Location: southern California
Posts: 17,395
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Kach
When "they" say 1/2 don't pay income tax, what that means is they get a refund of what they may have paid in, and possibly Earned Income Tax Credit. So let me get this right, you are calling me a liar because I said about 1/2 don't pay income taxes, but you say they do pay income taxes in withholding? Is that correct? Even though they get it all back, you still think they pay income tax? You on the other hand in a past thread said something like if I pay in $50,000 in income taxes and get a $5,000 refund, and you paid in $1,000 and got a $1,000 refund, I got the better deal because I got more back than you? BTW, the concept of "pay" I think is generally accepted to be the net transfer of monies between two parties. In this example I would "net pay" $45,000 to the IRS and you would "net pay" zero dollars. Do you get that concept? Better yet, if you go to Sears and buy a drill for $50 and get a mail in coupon for a $5 rebate, which you mail in and get the rebate, do you think you "paid" $45 or $50 for said drill? Minus the cost of the envelope and the stamp of course. I thought architects had to be sort of good at math; apparently not.
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Hugh 84 Targa ROW w/ Steve Wong Chip! 30 Rudge Whitworth Grand Prix Ulster (Factory racer which competeted in the 1930 World Cup at the Isle of Man) Check out the British bike article I posted on my Rudge at this link http://forums.pelicanparts.com/off-topic-discussions/433622-my-1930-rudge-whitworth-british-bike-magazine-pics.html Last edited by Hugh R; 05-25-2012 at 11:02 AM.. |
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Posts: 6,780
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This is certainly true. I have to point out as an employer we have other payroll taxes that are added in addition. And we don't get a dime of it back.
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Who did the what now?
Join Date: Aug 2005
Location: Carmichael, CA
Posts: 17,075
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You know George, I think this is the first instance where I have seen Mr R give the appearance of being even sort of angry on this site.
You are not only wrong, you are being a bit of an ass.
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Most transparent administration ever |
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Location: dfw tx
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So who here is begrudging the fact that elderly people, who have paid income taxes for maybe 50 years have no 'skin in the game'. Looks like that's 20 percent or more of the households roughly 40 percent of the 'freeloaders'
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72 914 2056: 74 9146 2.2: 76 914 2.0 |
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Join Date: May 2003
Location: southern California
Posts: 17,395
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Who said the elderly should pay income taxes on SS? I don't recall that in this thread. In fact, SS is taxable if you draw it and also work on the side. This is income that was already taxed and you pay income taxes on it to boot. I think that is wrong. And its about 20% of the 50% who don't pay income taxes.
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Hugh 84 Targa ROW w/ Steve Wong Chip! 30 Rudge Whitworth Grand Prix Ulster (Factory racer which competeted in the 1930 World Cup at the Isle of Man) Check out the British bike article I posted on my Rudge at this link http://forums.pelicanparts.com/showthread.php?t=433622 |
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Yep
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Jim 97 C2S Street -Sold to good home 71 911t 4.2l Stroker RSR -Tranny Killer 76 911s 3.4l Track backup 05 Ferrari F-430 "If its worth doing...it's worth doing to excess" |
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Join Date: Sep 2002
Location: dfw tx
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20 percent of the 50 percent is 40 percent of non paying households. They would still pay taxes if their income is high enough, but it's not. Thats 2 in every 5 households that don't pay taxes.
Logic says if you're not gonna count FICA (payroll) taxes as a tax, then you should not count Social Security and Medicare as govt expenses.
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72 914 2056: 74 9146 2.2: 76 914 2.0 Last edited by hardflex; 05-25-2012 at 07:36 PM.. |
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I'm annoyed, a lot. I bought George and another Pelican lunch a year or two back in Ann Arbor and we had a pleasant time (IIRC, he was stretched for money) . He told me he was hesitant about having lunch with a conservative, but agreed to go forward. I don't like being called a liar. I may be mistaken sometimes, but that doesn't make me a liar. In my opinion you need to re-read what both of us wrote. George, you didn't realize that pretty much everyone who draws a paycheck has withholdings which includes anticipated income taxes, whether you get a refund or not? I thought you were a business man?
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Hugh 84 Targa ROW w/ Steve Wong Chip! 30 Rudge Whitworth Grand Prix Ulster (Factory racer which competeted in the 1930 World Cup at the Isle of Man) Check out the British bike article I posted on my Rudge at this link http://forums.pelicanparts.com/showthread.php?t=433622 Last edited by Hugh R; 05-26-2012 at 07:30 AM.. |
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You do not have permissi
Join Date: Aug 2001
Location: midwest
Posts: 8,776
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I call time out. |
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Join Date: May 2003
Location: southern California
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John70T, thanks for the kind response. I do remember that you offered to pay, I was more than happy to pick up the tab. Time out is OK with me. As I recall, it was a really pleasant afternoon. Nice looking waitress too .
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Hugh 84 Targa ROW w/ Steve Wong Chip! 30 Rudge Whitworth Grand Prix Ulster (Factory racer which competeted in the 1930 World Cup at the Isle of Man) Check out the British bike article I posted on my Rudge at this link http://forums.pelicanparts.com/showthread.php?t=433622 Last edited by Hugh R; 05-25-2012 at 08:43 PM.. |
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Prime example is when NJ wants to raise the cigarette tax, they always say, "Well, why do I care? I don't smoke." Of course, the state spends the money they project they'll get, they never get that much, issue bonds for it and then everyone pays for it, especially the non-smokers, who tend to make up more of the income tax base. |
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bAnNeD :(
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"I won't have lunch with a conservative"
Talk about insecure about your own values. ![]()
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Paul Woodbury Temple Terrace. Florida See my Rennport Reunion and old IMSA pictures here: http://www.flickr.com/photos/ury914/ |
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Well I won't get into the argument of who pays what. I do know I've always had money taken out and usually owe more at the end of the year!
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1966 912
Join Date: May 2008
Location: oak grove, OREGON
Posts: 2,061
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Mr. Pink: I'm very sorry the government taxes their tips, that's fuqed up. That ain't my fault. It would seem to me that waitresses are one of the many groups the government fuqs in the ass on a regular basis. Look, if you ask me to sign something that says the government shouldn't do that, I'll sign it, put it to a vote, I'll vote for it, but what I won't do is play ball. And as for this non-college bu----it I got two words for that: learn to fuqin' type, 'cause if you're expecting me to help out with the rent you're in for a big fuqin' surprise.
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i was too tired to be pretty last night! |
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Location: dfw tx
Posts: 2,643
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Rick, why don't you buy them an Ann Coulter book or BillO That'll fix them
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72 914 2056: 74 9146 2.2: 76 914 2.0 |
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Join Date: Sep 2005
Location: So. Cal.
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Every time the truth gets told the liberals run away!
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bAnNeD :(
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exactly. Or feigned exasperation at "Conservative stupidity" followed by huffing off and running away.
I still can't get over john70T not being able to handle going to lunch with a Conservative. Talk about a Hothouse Flower. My God. rjp
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Signed, RANDY P. AKA Gordner's personal boogeyman |
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