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Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
One of the biggest problems is the complexity of the tax code. Our personal return is over 200 pages. I don't even pretend to understand it. I just have to trust the CPA and sign the forms and send the checks.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
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Joined: Feb 2007
Posts: 1,002
Campfire Regular
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Campfire Regular
Joined: Feb 2007
Posts: 1,002 |
I gotta pay too, but damn if their getting it before the 17th deadline. I'll wait til Tuesday to send mine in.
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Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
I usually take it to the PO and watch as they round stamp it.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
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Joined: Aug 2001
Posts: 4,896
Campfire Tracker
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Campfire Tracker
Joined: Aug 2001
Posts: 4,896 |
Just got on Social Security this year and it gripes me to have to pay taxes on that, plus on the 401K money I take out. Understand the 401K, as no taxes were paid when it was put there but SS taxed???? TM
Some mornings, it just does not feel worth it to chew through the straps!~
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Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
Just got on Social Security this year and it gripes me to have to pay taxes on that, plus on the 401K money I take out. Understand the 401K, as no taxes were paid when it was put there but SS taxed???? TM You don't have to take out 401k money until the year after you turn 70 and a half. Leave it in until then so it can grow tax free.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
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Joined: Sep 2010
Posts: 1,368
Campfire Regular
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Campfire Regular
Joined: Sep 2010
Posts: 1,368 |
listening to the news today, apparently mr. obama only has to pay 20% of his income in taxes, while im up around 40% i sure hope we can get the tax code reformed to a flat rate.
yeah right!
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Joined: Mar 2008
Posts: 15,289
Campfire Ranger
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Campfire Ranger
Joined: Mar 2008
Posts: 15,289 |
I'm SOOO glad I got to pay through the teeth so those fatcat bureaucrats could have their lavish party in Las Vegas. What would they do without us?
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Joined: Feb 2007
Posts: 7,951 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
Posts: 7,951 Likes: 5 |
I got $900 back in state taxes about a month ago. $1,500 will be transfered Sunday to the Feds. Last year it was over $4,000. We should do a little better next year. I retired in May 2010, my wife in May 2011. We both were teachers. Because of the way we were paid we actually made more in the year we retired, but were taxed at a lower rate on the retirement income. 2012 will be the first year all of our income will be from our retirement so we should come pretty close to breaking even at the end of the year. We may be at the point where we will be better off taking the standard deduction. Our home is paid off, kids grown and we have very little to claim as deductions after this year.
Most people don't really want the truth.
They just want constant reassurance that what they believe is the truth.
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Joined: Feb 2010
Posts: 531
Campfire Regular
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Campfire Regular
Joined: Feb 2010
Posts: 531 |
We pay quarterly. Actually got a little back from last year. It was applied to the first quarter and had to cut another check to cover the balance.
I keep looking for the 48% to step up and do "their share". Personally, I don't think taking entitlements constitutes "their share".
While you are looking for the deadbeats to pay their share when they can't even pay attention, I'm looking for the wealthy to pay their share, when they have the money and will get by just fine. Now who has the most realistic chance of getting someone to pay their share? Actually, I never said pay their share. I said DO their share. Now that I have thought about that statement, I realize they won't because they don't have to. The sooner we figure out how to get them off the entitlement payroll, the better off this nation will be. You liberal whiney beotches get on the bandwagon spouting drivel about it being the rich peoples duty to pay more need to realize the rich are tired of being the only ones doing something.
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Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
Te so called "rich" pay most of the income tax.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
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Joined: Jan 2006
Posts: 1,739
Campfire Regular
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Campfire Regular
Joined: Jan 2006
Posts: 1,739 |
Just got back from the PO...wanted to avoid the rush. I'm tired of taxes
Kiss your girlfriend where it smells.......take her to Jersey!
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Joined: Oct 2009
Posts: 16,718
Campfire Ranger
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Campfire Ranger
Joined: Oct 2009
Posts: 16,718 |
Total obligation to the feds is now over 30% of earned income.
Not even the most crushing, tyrannical governments in history can claim that.
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Joined: Oct 2009
Posts: 16,718
Campfire Ranger
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Campfire Ranger
Joined: Oct 2009
Posts: 16,718 |
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Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
Taxes are not due until next Tuesday the 17th. I'll post mine Tuesday.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
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Joined: Apr 2009
Posts: 33,971
Campfire 'Bwana
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Campfire 'Bwana
Joined: Apr 2009
Posts: 33,971 |
I just got the call from the tax man who asked if I wanted my refund in the form of a check, direct deposit or gift card. A gift card!??
Wonder how many people make that selection and never use it.
WTF!
Proud to be a true Sandlapper!!
Go Nats!!!!
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Joined: Feb 2004
Posts: 7,295
Campfire Tracker
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Campfire Tracker
Joined: Feb 2004
Posts: 7,295 |
I am proud to be part of the 52% who actually pays taxes. I just cut a substantial check to subsidize the 48% who pay NOTHING!
Just paying my "fair share". Yup and when your drawing SSI,you will thank others for contributing because our Congress can't keep there fingers out of our Social Security deductions. Jayco
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Joined: Feb 2003
Posts: 8,854
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2003
Posts: 8,854 |
I actually got an $18 refund..............
Of course the wife and I claim 0 deductions and have an extra $150 taken out each pay. I feel rich. Not.
Last year was a $5500 check, hence the $150 extra. We paid more in taxes this year than our combined income when we first got married.
Come on November!
Adversity doesn't build character, it reveals it.
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Joined: Feb 2004
Posts: 7,295
Campfire Tracker
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Campfire Tracker
Joined: Feb 2004
Posts: 7,295 |
Everyone bitches about paying into the system but does not think they could possibly have an event that would end there current career as they know it.Money flow gone and know job and what then with all the money they have payed into the system?
Are you immune to a Heart Attack or maybe Diabetes/Lung disease/Parkinsons/MS or anything that would disable you to do gainful employment at your current job?
Think Republican and work until your an 85 years old checker at the local supermarket.
Sorry..The republicans suck this term trying to rob the seniors of what they have already paid in and they spent on something else..
Jayco
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Joined: Nov 2004
Posts: 10,702 Likes: 1
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Nov 2004
Posts: 10,702 Likes: 1 |
Sorry..The republicans suck this term trying to rob the seniors of what they have already paid in and they spent on something else..
Jayco
The Paul Ryan plan doesn't affect anyone 55 and older. Those in my generation and younger know that unless the current system is changed dramatically, Social Security and Medicare will NOT be there when we retire. Furthermore, anyone who hasn't taken proactive steps throughout their life to save and prepare for their retirement or loss of employment, and is instead counting on SSI or any other governmental assistance to meet their needs is a [bleep] moron.
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Joined: Feb 2004
Posts: 7,295
Campfire Tracker
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Campfire Tracker
Joined: Feb 2004
Posts: 7,295 |
Furthermore, anyone who hasn't taken proactive steps throughout their life to save and prepare for their retirement or loss of employment, and is instead counting on SSI or any other governmental assistance to meet their needs is a [bleep] moron. You are a "It can't happen to me guy" for sure....Loose your job/insurance and see how long your stash last. Jayco
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