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re: How much in federal taxes did you pay last year ??

Posted on 4/18/16 at 8:36 pm to
Posted by Stud Bud
MS But travel all over the country
Member since Sep 2015
6958 posts
Posted on 4/18/16 at 8:36 pm to
More than I should have
Posted by Front9Bandit
Member since Dec 2013
15432 posts
Posted on 4/18/16 at 8:36 pm to
17,731.21

I'm poor

Friend of a baw you know paid over 370K doe
This post was edited on 4/18/16 at 8:39 pm
Posted by SmackoverHawg
Member since Oct 2011
31770 posts
Posted on 4/18/16 at 8:36 pm to
quote:

Payroll taxes pay for the social programs that we like to bitch about around here so at least give the working poor credit for contributing at the same rate as everyone else for that.

You sure? How bout those "earned income" credits. Many get that back. Even more will draw more out of those programs than they ever put it. That's not a "tax" baw. That's a handout.
Posted by biglego
San Francisco
Member since Nov 2007
85526 posts
Posted on 4/18/16 at 8:37 pm to
Just go ahead and ask us how much money we make
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/18/16 at 8:37 pm to
quote:



The part that bothers me is that 45% of America's make so little money


You must not be familiar with the pay received by the average person in most countries, including your beloved European Social democracies. LINK
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92903 posts
Posted on 4/18/16 at 8:37 pm to
Over 30k but less than 40k
Posted by JawjaTigah
On the Bandwagon
Member since Sep 2003
23003 posts
Posted on 4/18/16 at 8:37 pm to
Too much.
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
13532 posts
Posted on 4/18/16 at 8:38 pm to
quote:

The part that bothers me is that 45% of America's make so little money that they do not even qualify to pay taxes.


Geez, if they only got government benefits to help them out...oh wait...
Posted by Will Cover
Davidson, NC
Member since Mar 2007
40382 posts
Posted on 4/18/16 at 8:39 pm to
On April 15th, a whole heck of a lot. For the year, an even more astounding number. And this doesn't count sales tax or real estate tax.
Posted by Front9Bandit
Member since Dec 2013
15432 posts
Posted on 4/18/16 at 8:40 pm to
Damn baw car sales are up
Posted by Will Cover
Davidson, NC
Member since Mar 2007
40382 posts
Posted on 4/18/16 at 8:43 pm to
True fact. I'm not in the auto industry.
Posted by Oddibe
Close to some, further from others
Member since Sep 2015
6756 posts
Posted on 4/18/16 at 8:44 pm to
More than the wife and I made combined in the first years out of college.
Posted by LSUTigerBait07
SD, Chicago, or New Orleans
Member since Sep 2007
2208 posts
Posted on 4/18/16 at 8:44 pm to
About 60k state and federal. I hate writing thatcheck
Posted by Canard Noir
Houston
Member since Apr 2014
1397 posts
Posted on 4/18/16 at 8:50 pm to
Married and filing jointly with most of our income taxed as payroll so our effective rate came out to almost 29%. Getting close to where we'll be paying a 15-20% effective rate but we aren't quite wealthy enough yet...

ETA: I'll edit for sarcasm check but still can't wait for our non-taxable revenue streams to add up.
This post was edited on 4/18/16 at 9:28 pm
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92903 posts
Posted on 4/18/16 at 8:57 pm to
quote:

On April 15th, a whole heck of a lot. For the year, an even more astounding number.


Same, but it was April 18th this year. I thought my quarterly payments were ridiculous enough in 2015 and even though I made more last year than in 2014 I didn't think I would owe much at all today because I had over 15k more in write-offs than the prior year but sure enough I had to pay another $5171 to the United States Treasury today. frick the bullshite, I at least deserve thank you notes from all of the deadbeats.
Posted by buford4LSU
Thibodaux, LA
Member since Jan 2008
2682 posts
Posted on 4/18/16 at 8:58 pm to
Effective rate was 14%
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92903 posts
Posted on 4/18/16 at 8:59 pm to
quote:

About 60k state and federal. I hate writing thatcheck



Ouch! Its such a kick in the nuts.
Posted by Errerrerrwere
Member since Aug 2015
44412 posts
Posted on 4/18/16 at 8:59 pm to
Trap thread is a trap
Posted by Marco Esquandolas
Member since Jul 2013
11878 posts
Posted on 4/18/16 at 9:01 pm to
What hurts the most is knowing how it will be spent...
Posted by BoostAddict
Member since Jun 2007
3257 posts
Posted on 4/18/16 at 9:01 pm to
$86,686

Just finished filing and now I'm fixing to get wasted.
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