Income tax just too damn high at 30 percent

[delta9mda]

And another common man is mugged by reality and becomes a conservative.

massive ownage right therrrrr

[Voice of Doom]

If the current tax system is "necessary to sustain civilization" then I'd like to redefine the concept of "civilization". 

If having freeloaders on one corner, corporate welfare on the other, and an out of control Military Industrial Complex sucking up the rest of the tax pool is the definition of civilization I'd rather let it crumble. 

[ChopperRider]

If the current tax system is "necessary to sustain civilization" then I'd like to redefine the concept of "civilization". 

If having freeloaders on one corner, corporate welfare on the other, and an out of control Military Industrial Complex sucking up the rest of the tax pool is the definition of civilization I'd rather let it crumble. 

You and me brutha......I'm sure I'm funding a lot of "baby mommas" and Obama-blind "Occupy Wall Streeters" with my taxes.

[Mr. MB]

The politician who promises the most free stuff to the masses gets elected. When the scale tips and 51% of the people are being supported by the 49% of the Federal tax payers, democracy as we know it is but history. It was a "grand experiment" anyway. We are heading towards an Oligarchy headed by socialists in bed with corporatist/miltary complexers.

[Alpine]

Did you know that Rome collapsed due to economic woes, military overspending and political instability?

If you don't know much about history don't pluck names out of the air to strengthen your weak argument via collapse economies.

The overly generous welfare system has created a class of "can't be bothered to do shit" fact, this is what the tax payer moans about.

The same issues that plagued Rome plague us now. I think this empire will someday fall as well. Its all cyclical.

If the current tax system is "necessary to sustain civilization" then I'd like to redefine the concept of "civilization".  

If having freeloaders on one corner, corporate welfare on the other, and an out of control Military Industrial Complex sucking up the rest of the tax pool is the definition of civilization I'd rather let it crumble.  

The current system is definitely flawed and rotten from the core. I don't deny that. My only point is very simple. In any complex society/civilization, the strong will always end up supporting the weak. You're not escaping that. You just have to decide which side you want to be on. On top of the pile, paying high taxes, or a bottom feeder whining about the system and your lot in life. Are you a wolf or a lamb?

[Henda]

We pay 40% on every pound above 32k earnings, and 45% on anything above 150k

In Sweden anyone earning above 32k gets hit by 50 to 60% tax

Its 32 grand now? Fuck when did it drop from 42?

[Mawse]

true about sweden. I pay 50% on 3/5 of my monthly salary and around 30 %  of the rest. Sucks ass to be punished just because you are willing to work hard

Wait until you're paying Jizya

[Parker]

If the current tax system is "necessary to sustain civilization" then I'd like to redefine the concept of "civilization". 

If having freeloaders on one corner, corporate welfare on the other, and an out of control Military Industrial Complex sucking up the rest of the tax pool is the definition of civilization I'd rather let it crumble. 

Let the congregation say "Amen".

[Skorp1o]

Its 32 grand now? Fuck when did it drop from 42?

When they talk abt tax breaks they go and lower the 40% threshold.

I don't remember it being in the 40s last time I checked it was over 33k....now its under 

[ilalin]

its funny too i am sorrounded by welfare bums disability fakers and the  like.

one dude i know says "fuck learning man" im like dude one day your daddy isnt gonna pay to fix your truck for you and your disability is gonna be cut hes like "big deal i dont care" im like lol

most people dont realize you gotta spend money to make money, its not that 30 percent is high , ...it only becomes a high number after all the tools and materials that you have to buy to do the job right!
but an income tax for someone like me around 30 percent is insane if you consider all my expenses i have to literally be a super hero and do manual labors around the clock eating a shit ton of food, i have no choice to be beta and go on vacation

anyone who uses the word beta deserves to be beta

[Henda]

When they talk abt tax breaks they go and lower the 40% threshold.

I don't remember it being in the 40s last time I checked it was over 33k....now its under 

My bad was thinking the 32k + the 10k personal allowance.

[syntaxmachine]

Falcon would have to make ~$494K in regular income to have an effective income tax rate of 30%, assuming he took the standard deduction/exemption.

I'll let others decide whether he is really making this much, or if his absolutely addled brain is causing him to spout nigh incoherent twaddle yet again.  

[tleilaxutank]

Falcon would have to make ~$494K in regular income to have an effective income tax rate of 30%, assuming he took the standard deduction/exemption.

I'll let others decide whether he is really making this much, or if his absolutely added brain is causing him to spout nigh incoherent twaddle yet again.  

Spot on. His obsession with "business expenses" reminds me of 'the dude' looking for his briefcase...

[_aj_]

Falcon would have to make ~$494K in regular income to have an effective income tax rate of 30%, assuming he took the standard deduction/exemption.

I'll let others decide whether he is really making this much, or if his absolutely added brain is causing him to spout nigh incoherent twaddle yet again.  

Perhaps he is including all taxes, including state, sales, property and various VATs? "The State" isn't just federal income tax.

[Lustral]

We pay 40% on every pound above 32k earnings, and 45% on anything above 150k

In Sweden anyone earning above 32k gets hit by 50 to 60% tax

We pay +50% here when you count in the "universal social charge" and all the other horse cock they add on top of income tax. The funny thing is that the highest tax band kicks in at under €40k/year. All to pay Germany. I hate this country at times.

[syntaxmachine]

Perhaps he is including all taxes, including state, sales, property and various VATs? "The State" isn't just federal income tax.

He has explicitly labeled the tax an 'income tax' in both the title of the thread and the OP. But we can use the principle of charity to reformulate his statement into something sensible, as you have done.

If we add in North Carolina income tax, he'd still have to make ~$250K to have an effective income tax rate of 30%. I'm too dumb to calculate an effective rate with any more types of tax added, so will leave it at that.

[Primemuscle]

its funny too i am sorrounded by welfare bums disability fakers and the  like.

one dude i know says "fuck learning man" im like dude one day your daddy isnt gonna pay to fix your truck for you and your disability is gonna be cut hes like "big deal i dont care" im like lol

most people dont realize you gotta spend money to make money, its not that 30 percent is high , ...it only becomes a high number after all the tools and materials that you have to buy to do the job right!
but an income tax for someone like me around 30 percent is insane if you consider all my expenses i have to literally be a super hero and do manual labors around the clock eating a shit ton of food, i have no choice to be beta and go on vacation

Seems like you could us some help preparing your tax return.

[Primemuscle]

you gotta be making atleast 68 thousand a year with NO buisness expenses to just stay afloat paying 30 percent income

Again, a tax consultant would help you maximize your business expense deductions. My dad was self employed, made good money and paid very little income tax. You must be doing something wrong, "Marty" which rimes with smarty you know.

[Primemuscle]

You don't like getting taxed?... just stop working and retire at 45 like me.  

It really helps if you don't a wife, a child, a house payment, car payment, etc...  Completely ignore societal pressures/stigmas and draw your own lines in the sand.

When you minimize your expenses/debt, you maximize your freedom.

Yes but, doesn't living in a tent in the woods get cold in the winter?

[Primemuscle]

If the current tax system is "necessary to sustain civilization" then I'd like to redefine the concept of "civilization". 

If having freeloaders on one corner, corporate welfare on the other, and an out of control Military Industrial Complex sucking up the rest of the tax pool is the definition of civilization I'd rather let it crumble. 

Oh so you think until it does crumble. At that point, you'll be whining about government not doing anything.

[Primemuscle]

Falcon would have to make ~$494K in regular income to have an effective income tax rate of 30%, assuming he took the standard deduction/exemption.

I'll let others decide whether he is really making this much, or if his absolutely added brain is causing him to spout nigh incoherent twaddle yet again.  

Agreed, sometime he does seem addle brained although he cannot use the excuse that he is old, like I can when I say something stupid.

[Marty Champions]

yes its federal and state put together around 30 percent

now apologize everyone for calling me the asshole 

http://www.nerdwallet.com/blog/finance/taxes/federal-income-tax-brackets/

[Primemuscle]

He has explicitly labeled the tax an 'income tax' in both the title of the thread and the OP. But we can use the principle of charity to reformulate his statement into something sensible, as you have done.

If we add in North Carolina income tax, he'd still have to make ~$250K to have an effective income tax rate of 30%. I'm too dumb to calculate an effective rate with any more types of tax added, so will leave it at that.

Do know why, but I doubt he makes $250K mowing lawns and painting apartments....I could be wrong though.

[Marty Champions]

Perhaps he is including all taxes, including state, sales, property and various VATs? "The State" isn't just federal income tax.

no just state and federal income puts every average dude over 30 percent thats working atleast 10 days a month for free but that adds up to 120 days a year!!

[Primemuscle]

yes its federal and state put together around 30 percent

now apologize everyone for calling me the asshole 

http://www.nerdwallet.com/blog/finance/taxes/federal-income-tax-brackets/

You do realize that this chart refers to taxable income, meaning your net income after you take out all your deductions and credits and not your gross income?