Taxes (GOP 2017 edition)

[gatoveintisiet]

For me personally, increasing my salary has always been an excellent way to have more money. Keeping track of my effective FIT, on the other hand, has been far less profitable.

You really don’t care how much the government takes from you as long as you can pay your bills? What a way to live. If you’ve got money left over at the end of the month, do you pay that over to the gov, too?

I believe I have an obligation to pay taxes, which I am happy to fulfill, and that the amount I am taxed is reasonable. Crazy stuff, I know.

what level of taxation would you feel would be unreasonable for you personally this year?

[chum1]

For me personally, increasing my salary has always been an excellent way to have more money. Keeping track of my effective FIT, on the other hand, has been far less profitable.

You really don’t care how much the government takes from you as long as you can pay your bills? What a way to live. If you’ve got money left over at the end of the month, do you pay that over to the gov, too?

I believe I have an obligation to pay taxes, which I am happy to fulfill, and that the amount I am taxed is reasonable. Crazy stuff, I know.

Which amount is reasonable? The amount before or after tax reform?

I'm sure I won't know the difference. It's not something I've ever noticed in the past.

[chum1]

For me personally, increasing my salary has always been an excellent way to have more money. Keeping track of my effective FIT, on the other hand, has been far less profitable.

You really don’t care how much the government takes from you as long as you can pay your bills? What a way to live. If you’ve got money left over at the end of the month, do you pay that over to the gov, too?

I believe I have an obligation to pay taxes, which I am happy to fulfill, and that the amount I am taxed is reasonable. Crazy stuff, I know.

what level of taxation would you feel would be unreasonable for you personally this year?

It would have to like double before I'd even notice.

[gatoveintisiete]

We have a wealth gap in the US, 'crats bring it up, nobody disagrees.  Is this gap made wider by a progressive tax scale, counterintuitive I know but are you sure the man isn't keeping the masses down by
making all the income, paying all the taxes and creating all the wealth.
 

[gatoveintisiet]

For me personally, increasing my salary has always been an excellent way to have more money. Keeping track of my effective FIT, on the other hand, has been far less profitable.

You really don’t care how much the government takes from you as long as you can pay your bills? What a way to live. If you’ve got money left over at the end of the month, do you pay that over to the gov, too?

I believe I have an obligation to pay taxes, which I am happy to fulfill, and that the amount I am taxed is reasonable. Crazy stuff, I know.

what level of taxation would you feel would be unreasonable for you personally this year?

It would have to like double before I'd even notice.

If it doubled, what would your eft be?  Your threshold for reasonable is important to me

[steve dave]

NE is in a pickle with their property taxes. I pay an incredible amount in them but they fund our schools so it's cool. The problem is people are enraged about them all over. but you can't just not fund the schools, if anything we need to fund them more. but where do you pick up that bill? we don't tax groceries which is weird but I don't think starting to tax them all of a sudden is a solution because that hurts the most in need the most. they fight about it all the time and always say they are going to solve it but never do.

[steve dave]

but now I'm enraged about them because they capped my SALT deduction 

[gatoveintisiet]

We have a wealth gap in the US, 'crats bring it up, nobody disagrees.  Is this gap made wider by a progressive tax scale, counterintuitive I know but are you sure the man isn't keeping the masses down by
making all the income, paying all the taxes and creating all the wealth.
 

My gut tells me workers are not coming out well on this low tax rate for low wage trade off

[treysolid]

NE is in a pickle with their property taxes. I pay an incredible amount in them but they fund our schools so it's cool. The problem is people are enraged about them all over. but you can't just not fund the schools, if anything we need to fund them more. but where do you pick up that bill? we don't tax groceries which is weird but I don't think starting to tax them all of a sudden is a solution because that hurts the most in need the most. they fight about it all the time and always say they are going to solve it but never do.

The problem is that the property taxes you pay (and people in your tax bracket) don't go to the schools that need that money most.

[treysolid]

Solving the problem of wealth inequality is going to have to be way more comprehensive than just "Tax the Rich". That's a good start, but there's other things that can have huge benefits for impoverished communities including efforts to stop red-lining and gerrymandering, eliminating predatory lending practices, criminal and prison reform, increasing the minimum wage, healthcare reform, etc. There needs to a concerted effort made on multiple prongs of this trident before substantial progress will be made.

[8manpick]

but now I'm enraged about them because they capped my SALT deduction 

Trump needed the SALT cap to stick it to the rich-ish people in high-tax lib states like California, New York, Illinois, and ...wait, Nebraska?

[Phil Titola]

Always shocking to me that the ones who claim they are the most patriotic and America first are also the ones who bitch the most about any taxes. Then bitch about potholes.

[sys]

NE is in a pickle with their property taxes. I pay an incredible amount in them but they fund our schools so it's cool. The problem is people are enraged about them all over. but you can't just not fund the schools, if anything we need to fund them more. but where do you pick up that bill?

a birth tax to fund schools seems fair.

[8manpick]

Always shocking to me that the ones who claim they are the most patriotic and America first are also the ones who bitch the most about any taxes. Then bitch about potholes.

Is your insinuation that the foundational American ideals include paying lots of taxes? The position you’ve outlined doesn’t seem incongruous with American patriotism.

[steve dave]

but now I'm enraged about them because they capped my SALT deduction 

Trump needed the SALT cap to stick it to the rich-ish people in high-tax lib states like California, New York, Illinois, and ...wait, Nebraska?

yeah, we are a weird outlier state that has super high prop taxes. like, rich people states, states with no state income tax, and NE for some rough ridin' reason.

https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585/

My levy is actually 2.41. and now I can't even deduct any of it.

[Cire]

nothing noticeably different from last year.

[Phil Titola]

Always shocking to me that the ones who claim they are the most patriotic and America first are also the ones who bitch the most about any taxes. Then bitch about potholes.

Is your insinuation that the foundational American ideals include paying lots of taxes? The position you’ve outlined doesn’t seem incongruous with American patriotism.

I would say if you want America to be great it would have to be funded?

[chum1]

We purposely moved into a stellar school district. Tax rate is 2.2 and I am happy to pay it. Writing that check literally puts a smile on my face.

[8manpick]

Always shocking to me that the ones who claim they are the most patriotic and America first are also the ones who bitch the most about any taxes. Then bitch about potholes.

Is your insinuation that the foundational American ideals include paying lots of taxes? The position you’ve outlined doesn’t seem incongruous with American patriotism.

I would say if you want America to be great it would have to be funded?

Depends on what you think makes it great and what you think it should be funded to do.

[Phil Titola]

Always shocking to me that the ones who claim they are the most patriotic and America first are also the ones who bitch the most about any taxes. Then bitch about potholes.

Is your insinuation that the foundational American ideals include paying lots of taxes? The position you’ve outlined doesn’t seem incongruous with American patriotism.

I would say if you want America to be great it would have to be funded?

Depends on what you think makes it great and what you think it should be funded to do.

I mean sure.

[steve dave]

We purposely moved into a stellar school district. Tax rate is 2.2 and I am happy to pay it. Writing that check literally puts a smile on my face.

Mine did as well WHEN I COULD DEDUCT IT


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[wetwillie]

Looks like you bought more house than you could afford, sad...really.

[steve dave]

very sad

[K-S-U-Wildcats!]

but now I'm enraged about them because they capped my SALT deduction 

Trump needed the SALT cap to stick it to the rich-ish people in high-tax lib states like California, New York, Illinois, and ...wait, Nebraska?

yeah, we are a weird outlier state that has super high prop taxes. like, rich people states, states with no state income tax, and NE for some rough ridin' reason.

https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585/

My levy is actually 2.41. and now I can't even deduct any of it.

You can deduct up to $10,000 of it.

[K-S-U-Wildcats!]

We purposely moved into a stellar school district. Tax rate is 2.2 and I am happy to pay it. Writing that check literally puts a smile on my face.

Writing that check? Do you have a mortgage?