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How many of you are finding out you are "rich" in the eyes of your government?

Posted on 4/15/14 at 11:01 am
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98775 posts
Posted on 4/15/14 at 11:01 am
Despite the fact that all of you are OT Ballers, I suspect that a number of you were rather surprised to learn that you were "rich" today.

Because, of course, the "rich" have not paid their fair share and should pay more.
Posted by bayoudude
Member since Dec 2007
24955 posts
Posted on 4/15/14 at 11:02 am to
Yep i had to mail uncle Sam a check and cut another one to the state What really floors me is that the child tax credits are phasing out completely next year so more than likely i will have to pay more next tax season.
Posted by GumboPot
Member since Mar 2009
118773 posts
Posted on 4/15/14 at 11:04 am to
I don't know what rich means.
Posted by dante
Kingwood, TX
Member since Mar 2006
10669 posts
Posted on 4/15/14 at 11:05 am to
Sent the estimated check today. Made less money this year but will probably owe more in taxes......thanks Obama.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 4/15/14 at 11:23 am to
quote:

How many of you are finding out you are "rich" in the eyes of your government?


Chances are if you are rich in the eyes of the US gov't, you are rich in the eyes of almost everyone but yourself and your peers. You may not feel rich but if you marginal tax rate is 33%, you are in fact rich compared to the nation, and the rest of the world.

But taxes do suck. I actually made a little bit less (about 4%) and paid a lot less this year (about 10%) in federal income taxes. Some of that was eaten up by the medicare surcharge though.
Posted by tigersaint26
In front of my computer
Member since Sep 2005
1509 posts
Posted on 4/15/14 at 12:16 pm to
quote:

child tax credits are phasing out completely next year


I thought they were expanding not phasing out the child tax credit?

Can you please post a link for the phasing out so I can read it?
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134860 posts
Posted on 4/15/14 at 12:19 pm to
Posted by BaylorTiger
Member since Nov 2006
2083 posts
Posted on 4/15/14 at 12:44 pm to
quote:

if you marginal tax rate is 33%


That's minimum 180k+...

To say the least I don't quite make that and I had to pay more in.

The amount I had to pay extra was suspiciously about the same price as an AR rifle. :tinfoilhat:
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/15/14 at 2:25 pm to
quote:

How many of you are finding out you are "rich" in the eyes of your government?
I've known it for years.

And my wife doesn't even own a horse!
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123908 posts
Posted on 4/15/14 at 2:36 pm to
quote:

And my wife doesn't even own a horse!
. . . a horse's arse OTOH (& owns it she does)...........
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 4/15/14 at 2:39 pm to
quote:

. . . a horse's arse OTOH (& owns it she does)..........


ooooh


OOOOOH


OOOOHHH!!!


What you did.....i SEE it

This post was edited on 4/15/14 at 2:39 pm
Posted by LSUGrrrl
Frisco, TX
Member since Jul 2007
32944 posts
Posted on 4/15/14 at 2:47 pm to
Sorry for the hijack but there's a guy in my area that reminds me so much of you that, when I read your posts, I actually assume you look like him. Have to figure out how to post his pic.
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 4/15/14 at 2:48 pm to
quote:

Sorry for the hijack but there's a guy in my area that reminds me so much of you that, when I read your posts, I actually assume you look like him. Have to figure out how to post his pic.


That is one GOOD LOOKING dude, eh!






ETA: Don't answer that! If "NO" then, it'll hurt my feelings. If "YES" then, blatant fishing of that sort ought not be rewarded
This post was edited on 4/15/14 at 2:49 pm
Posted by LSUGrrrl
Frisco, TX
Member since Jul 2007
32944 posts
Posted on 4/15/14 at 2:54 pm to
He was singing with his band last week. He's just always so happy & fun to be around.



This post was edited on 4/15/14 at 2:56 pm
Posted by Capital Cajun
Over Yonder
Member since Aug 2007
5525 posts
Posted on 4/15/14 at 2:56 pm to
Checking in. I fall into the millionaires and billionaires bracket but my income level doesn't show that.

frick Woodrow Wilson.

Obviously thrilled to pay my "fair share".
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 4/15/14 at 2:56 pm to
See how white he is in that pic?

Lots of my black friends from my HS days would say "exactly like bhp"!


Posted by LSUGrrrl
Frisco, TX
Member since Jul 2007
32944 posts
Posted on 4/15/14 at 2:59 pm to
Well, there's almost def a little cream in his coffee. He's more of a latte.

This post was edited on 4/15/14 at 3:00 pm
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 4/15/14 at 3:11 pm to
quote:

I don't know what rich means.



it means your kids eat ramen noodles whilst you kickup your package to soprano's, I mean Obama's stash.
Posted by INFIDEL
The couch
Member since Aug 2006
16199 posts
Posted on 4/15/14 at 4:04 pm to
I'll be all about eliminating income inequality as soon as we eliminate effort inequality.

I wrote those frickers a huge arse check today. frick em up their fat gubment asses!
Posted by HempHead
Big Sky Country
Member since Mar 2011
55454 posts
Posted on 4/15/14 at 4:07 pm to
quote:

Despite the fact that all of you are OT Ballers, I suspect that a number of you were rather surprised to learn that you were "rich" today.


I am lucky enough to have accountants and tax attorneys in the family who are skilled enough to shift the majority of our wealth around so that we pay much less than what, uh, may be expected.

My personal income from my business isn't all that exceptional, but I sure do love the dividends from the family holding company.
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