Online Now 3241

Wells Hall Off Topic Board

This is your pulpit to preach to the masses about everything from politics to religion

On this Board 88
Record: 3425 (1/27/2013)

Online now 3308
Record: 10351 (3/11/2012)

Boards ▾

MSU Red Cedar Message Board

The largest and most active MSU Spartans board on the web

The Press Box

The place to ask questions to SpartanTailgate's recruiting experts

Duffy Daugherty Forum

"The Duff" is dedicated to Michigan State football recruiting discussion

Jack Breslin Forum

"The Bres" is dedicated to Michigan State basketball recruiting discussion

Wells Hall Off Topic Board

This is your pulpit to preach to the masses about everything from politics to religion

Marketplace & Ticket Exchange

The place to buy, trade or sell Michigan State tickets

Fantasy Sports Forum

For fantasy football and other fantasy sports discussion

Test/Feedback Forum

Reply

How much of our income goes towards taxes?

  • I would prefer this stay here, and not go to Wells. The political grandstanding BS will clutter it up.

    Ever think about this?

    OK, you get your check, you are already 25-35% lighter in the wallet due to Federal, State, FICA and Medicare taxes.

    So you have you "post-tax" income to live on. That income is taxed repeatedly.

    Buy groceries, buy a car, pay your utilities and cable bill, go to the tanning bed, have a beer, put gas in your car, buy a cigar, own a home, it is all taxed.

    Save for retirement, you are taxed when you take the money. Sell stocks and make a profit, taxed. Die, your estate is taxed in some states and depending on your worth.

    Win the lotto, taxed (if you win alot).

    So, how much of what we take home do we actually get to keep? 20-30%? I don't know the number, but if you think about the big picture, it's pretty disgusting.

    To think we all pay taxes on almost everything we buy and do, and the States and Federal Government are in that much trouble, is sickening.

    signature image signature image signature image

    Ron Jeremy

  • Ron Jeremy said...

    I would prefer this stay here, and not go to Wells. The political grandstanding BS will clutter it up.

    Ever think about this?

    OK, you get your check, you are already 25-35% lighter in the wallet due to Federal, State, FICA and Medicare taxes.

    So you have you "post-tax" income to live on. That income is taxed repeatedly.

    Buy groceries, buy a car, pay your utilities and cable bill, go to the tanning bed, have a beer, put gas in your car, buy a cigar, own a home, it is all taxed.

    Save for retirement, you are taxed when you take the money. Sell stocks and make a profit, taxed. Die, your estate is taxed in some states and depending on your worth.

    Win the lotto, taxed (if you win alot).

    So, how much of what we take home do we actually get to keep? 20-30%? I don't know the number, but if you think about the big picture, it's pretty disgusting.

    To think we all pay taxes on almost everything we buy and do, and the States and Federal Government are in that much trouble, is sickening.

    Why do you go to the tanning bed?

    Pervis Muldoon

  • what about products you buy...taxes are built in to the retail price.

    tVargMan Prime

  • Pervis Muldoon said...

    Why do you go to the tanning bed?

    I only threw in the tanning bed reference because it is so absurd.

    I tan on the golf course.

    signature image signature image signature image

    Ron Jeremy

  • Ron Jeremy said...

    I only threw in the tanning bed reference because it is so absurd.

    I tan on the golf course.

    Of course. wink_msu

    Pervis Muldoon

  • If you pay cash for every round of beer, they usually don't charge you tax.

    hoke- to alter or manipulate so as to give a deceptively or superficially improved quality or value.

    The Doctor ●

  • Pervis Muldoon said...

    Of course. wink_msu

    Pervis, you are one screwed up individual.

    I saw your thread to mock this thread, which BTW was quickly locked.

    If you have nothing better to do than mock other threads with bullshit, I pity you. I guess you like being taxed out of your ass and getting nothing in return,

    signature image signature image signature image

    Ron Jeremy

  • Ron Jeremy said...

    Pervis, you are one screwed up individual.

    I saw your thread to mock this thread, which BTW was quickly locked.

    If you have nothing better to do than mock other threads with bullshit, I pity you. I guess you like being taxed out of your ass and getting nothing in return,

    I was just having a little fun. If you're afraid to go to Wells and start a political thread, don't start a political thread.

    Seems reasonable to me. shrug

    Pervis Muldoon

  • I see your point, but really, who needs money anyway?

    Spartans ATTACK

  • Ron Jeremy said...

    Pervis, you are one screwed up individual.

    I saw your thread to mock this thread, which BTW was quickly locked.

    If you have nothing better to do than mock other threads with bullshit, I pity you. I guess you like being taxed out of your ass and getting nothing in return,

    Taxes? Pfft. I hate having a military, roads, border protection, libraries, national parks, Social Security, schools, care for seniors, medical research, support for college students...

    Well, OK, some of that I like. Can't we just have taxes to pay for the stuff that I like, and not for other stuff? TIA.

    Cym Jim

  • A smart dude once said...death....taxes...ect :(
    -Translated for the Idiocracy generation

    signature image

    *

    Jaheab

  • Well it depends how much you make for starters. This year I paid around 22 percent in taxes after everything was said and done.

    msugolfguy

  • Cym Jim said...

    Taxes? Pfft. I hate having a military, roads, border protection, libraries, national parks, Social Security, schools, care for seniors, medical research, support for college students...

    Well, OK, some of that I like. Can't we just have taxes to pay for the stuff that I like, and not for other stuff? TIA.

    This. It's not like they're just taking your money and bathing in it- although some of you probably believe that.

    Jack Passion

  • You dont pay taxes on groceries.

    signature image

    Molon Labe

  • Ron Jeremy said...

    I would prefer this stay here, and not go to Wells. The political grandstanding BS will clutter it up.

    Ever think about this?

    OK, you get your check, you are already 25-35% lighter in the wallet due to Federal, State, FICA and Medicare taxes.

    So you have you "post-tax" income to live on. That income is taxed repeatedly.

    Buy groceries, buy a car, pay your utilities and cable bill, go to the tanning bed, have a beer, put gas in your car, buy a cigar, own a home, it is all taxed.

    Save for retirement, you are taxed when you take the money. Sell stocks and make a profit, taxed. Die, your estate is taxed in some states and depending on your worth.

    Win the lotto, taxed (if you win alot).

    So, how much of what we take home do we actually get to keep? 20-30%? I don't know the number, but if you think about the big picture, it's pretty disgusting.

    To think we all pay taxes on almost everything we buy and do, and the States and Federal Government are in that much trouble, is sickening.

    Just going to post this to try to answer the question...it is broken down by income quartile however not trying to be political but just trying to answer the question...

    edit - Do the MODS have my posting name on speed dial to Wells...not 30 seconds after I post a cute little chart on what was nowhere near a political thread...WHAM...

    This post was edited by TrapperGus on 4/5/2012 at 5:25 AM

    attachment

    Lurking on tRCMB since 1996

    TrapperGus ●

  • Cym Jim said...

    Taxes? Pfft. I hate having a military, roads, border protection, libraries, national parks, Social Security, schools, care for seniors, medical research, support for college students...

    Well, OK, some of that I like. Can't we just have taxes to pay for the stuff that I like, and not for other stuff? TIA.

    Straw man argument.

    I don't know of one conservative that opposes "a military, roads, border protection, libraries, or national parks." Medical research is also noncontroversial.

    Social Security, schools, care for seniors, medical research, support for college students is another matter.

    Schools are, and always have been, primarily a state and local responsibility. The funding for the Department of Education skyrocketed under Bush and continues under Obama. What has that achieved?

    Social Security and Medicare are simply not financially sustainable. Every serious policy analyst left or right concedes that. Only demagogues dispute this.

    This post was edited by CVSpartan on 4/5/2012 at 5:33 AM

    Συν ται η επι ται! Syn tai e epi tai! Ή ταν ή επί τας! E tan i epi tas!

    CVSpartan

  • Sadly most people can't tell you how much they pay in taxes.

    I've always contended that if everyone had to write a check to the govt every month for taxes, as they do for every bill, the level of dissatisfaction of govt would dwarf the cable companies. But the govt would rather you just be ignorant...they would rather have their cut before we all get our hands on our hard earned pay.

    Contrarian

  • Contrarian said...

    Sadly most people can't tell you how much they pay in taxes.

    I've always contended that if everyone had to write a check to the govt every month for taxes, as they do for every bill, the level of dissatisfaction of govt would dwarf the cable companies. But the govt would rather you just be ignorant...they would rather have their cut before we all get our hands on our hard earned pay.

    I don't make that distinctions between corporations and govt. They all take advantage of you at every interval they can. If either of them are able to corner a market deemed necessary, they're going to monopolize on it and bleed it dry... then move on.

    I think we call those... 'vampires'.

    xsanguine

  • Ron Jeremy said...

    Pervis, you are one screwed up individual.

    I saw your thread to mock this thread, which BTW was quickly locked.

    If you have nothing better to do than mock other threads with bullshit, I pity you. I guess you like being taxed out of your ass and getting nothing in return,

    Its the disease he carries that causes this..."Smartest Guy In The Room Syndrome". He has to constantly remind everyone that he is inflicted with it.

    Contrarian

  • CVSpartan said...

    Straw man argument.

    I don't know of one conservative that opposes "a military, roads, border protection, libraries, or national parks." Medical research is also noncontroversial.

    Social Security, schools, care for seniors, medical research, support for college students is another matter.

    Schools are, and always have been, primarily a state and local responsibility. The funding for the Department of Education skyrocketed under Bush and continues under Obama. What has that achieved?

    Social Security and Medicare are simply not financially sustainable. Every serious policy analyst left or right concedes that. Only demagogues dispute this.

    The fact is that some people support some things the taxes buy and other people support different things the taxes buy. In general it is hoped that everyone is getting some of what they want the government to be doing by paying taxes...

    What to me seems ignorant are people who think that the taxes should only support what they believe in but not what other people who also pay taxes believe in.

    Lurking on tRCMB since 1996

    TrapperGus ●

  • CVSpartan said...

    Straw man argument.

    I don't know of one conservative that opposes "a military, roads, border protection, libraries, or national parks." Medical research is also noncontroversial.

    Social Security, schools, care for seniors, medical research, support for college students is another matter.

    Schools are, and always have been, primarily a state and local responsibility. The funding for the Department of Education skyrocketed under Bush and continues under Obama. What has that achieved?

    Social Security and Medicare are simply not financially sustainable. Every serious policy analyst left or right concedes that. Only demagogues dispute this.

    Seperately from the comment on allocation and results...anyone who looks at Social Security on a factual basis will see that it is easily substainable...

    As is MediCare although to substain it will require more near term actions...

    People who are fearmongering will use the 75 year planning projections for both as being 100% accurate while at the same time they are all over the lack of accuracy at the CBO estimates for the last 10 years.

    Lurking on tRCMB since 1996

    TrapperGus ●

  • CVSpartan said...

    Straw man argument.

    I don't know of one conservative that opposes "a military, roads, border protection, libraries, or national parks." Medical research is also noncontroversial.

    Social Security, schools, care for seniors, medical research, support for college students is another matter.

    Schools are, and always have been, primarily a state and local responsibility. The funding for the Department of Education skyrocketed under Bush and continues under Obama. What has that achieved?

    Social Security and Medicare are simply not financially sustainable. Every serious policy analyst left or right concedes that. Only demagogues dispute this.

    A third point would be that you said that Conservatives support certain items...and you gave a list...it could be that Ron Paul does not support everything on that list.

    Lurking on tRCMB since 1996

    TrapperGus ●

  • xsanguine said...

    I don't make that distinctions between corporations and govt. They all take advantage of you at every interval they can. If either of them are able to corner a market deemed necessary, they're going to monopolize on it and bleed it dry... then move on.

    I think we call those... 'vampires'.

    I see your point.

    But at least with corporations you usually have an option to not do business with them.

    Contrarian

  • Contrarian said...

    Its the disease he carries that causes this..."Smartest Guy In The Room Syndrome". He has to constantly remind everyone that he is inflicted with it.

    Meh...it's better than having your inferiority complex.

    Pervis Muldoon

  • Contrarian said...

    Sadly most people can't tell you how much they pay in taxes.

    I've always contended that if everyone had to write a check to the govt every month for taxes, as they do for every bill, the level of dissatisfaction of govt would dwarf the cable companies. But the govt would rather you just be ignorant...they would rather have their cut before we all get our hands on our hard earned pay.

    You obviously are not self employed or a business owner.

    ming

Michigan State
247Sports
Features
Resources
Connect

247Sports In partnership with CBS Sports