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Post your effective Tax Rate, if you dare.

126 posts in this topic

Posted

Dividends havent already been taxed... It isnt a loan.

You put $1000 in for an investment in a company. Company makes money. Pays payroll tax, corporate tax, property tax, health care tax... all of that eats into profit. Whatever is left over is THEN left as a dividend. It is then AGAIN taxed.

Jesus... sucked in again... the stupid on this forum is mind-boggling.

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Posted

You put $1000 in for an investment in a company. Company makes money. Pays payroll tax, corporate tax, property tax, health care tax... all of that eats into profit. Whatever is left over is THEN left as a dividend. It is then AGAIN taxed.

Jesus... sucked in again... the stupid on this forum is mind-boggling.

I know how it works. Your dividends havent been taxed. Sorry, threadjack over.

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Posted

way to miss the point (as usual). you and your ilk go back to working the semantics however you like. doesn't change the reality of what goes in vs what comes out and what the government's actual take ends up being.

i'll leave you to preaching to the rest of the mental midgets on this board trying to explain such a simple concept away

PS - speaking of threadjacking, I noticed you didn't care to post your stats either. Expected. Typical. Cowardly.

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Posted

way to miss the point (as usual). you and your ilk go back to working the semantics however you like. doesn't change the reality of what goes in vs what comees out and what the government's actual take ends up being.

i'll leave you to preaching to the rest of the mental midgets on this board trying to explain such a simple concept away

PS - speaking of threadjacking, I noticed you didn't care to post your stats either. Expected. Typical. Cowardly.

where are my semantics? you're the one re-defining dividends to get the result you want... Acting like a child won't make you right.

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Posted

where are my semantics? you're the one re-defining dividends to get the result you want... Acting like a child won't make you right.

re-read thread

note who cited word "dividends" vs concept brought to forefront

look up "semantics" on dictionary.com

catch up to conversation half a page later

- or -

play gospodin and attempt to defend another stupid-ass comment because ego doesn't allow you to process a rational thought

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Posted

re-read thread

note who cited word "dividends" vs concept brought to forefront

look up "semantics" on dictionary.com

catch up to conversation half a page later

- or -

play gospodin and attempt to defend another stupid-ass comment because ego doesn't allow you to process a rational thought

so... you weren't talking about dividends? Then why did you use it as a subsequent example? I assumed you were talking about divis because of the tax rate you were using as an example... What were you talking about?

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Posted

so... you weren't talking about dividends? Then why did you use it as a subsequent example? I assumed you were talking about divis because of the tax rate you were using as an example... What were you talking about?

congrats on your threadjacking.... yeah. you still haven't posted your stats

and yeah, i can't dumb it down enough for you. good luck with reading comprehension in the future. maybe stick to picture books

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Posted

still not sure where I'm going to be in the end...

MFJ

1

25%ish is where I expect to be.

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Posted

http://www.irs.gov/B...oyed/Estate-Tax

Yet another reason no one pays attention to what you have to say. I noticed you didn't have the balls to post your info. Good job there

oh wow it's a tax on the transfer of property? huh that's interesting. oh and there's a multimillion dollar exemption? wow it's almost as if the government doesn't tax people when they die because it's literally impossible for a dead person to pay taxes!

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Posted

still not sure where I'm going to be in the end...

MFJ

1

25%ish is where I expect to be.

25%? Is that your tax rate, or your tax bracket? Thats a very high effective tax rate.

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Posted

25%? Is that your tax rate, or your tax bracket? Thats a very high effective tax rate.

yes it is. my wife and i had a very good year but my taxes are a complete clusterf*ck given that we're both freelance... I'm in the 33% bracket. I'll update once my accountant gets a crack at the insanity.

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Posted

1) S

2) 0

3) 16.9%

And Mitt pays 14% after it has already been taxed. Just like we pay additional taxes after we die, when we buy product off the shelf, as a service, etc. If people knew what we actually paid in taxes, there would be outright riots in the streets. It is one of the main reasons I am for the Fair Tax.

Good lord! H & R Block?

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