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Post your effective Tax Rate, if you dare.


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#13 twylyght

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HUDDLER

Posted 05 February 2013 - 09:07 AM

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.

#14 mmmbeans

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HUDDLER

Posted 05 February 2013 - 09:12 AM

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.

#15 twylyght

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Posted 05 February 2013 - 09:21 AM

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.

#16 mmmbeans

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Posted 05 February 2013 - 09:51 AM

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.

#17 twylyght

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HUDDLER

Posted 05 February 2013 - 12:08 PM

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

#18 mmmbeans

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HUDDLER

Posted 05 February 2013 - 12:17 PM

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?

#19 twylyght

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HUDDLER

Posted 05 February 2013 - 12:22 PM

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

#20 mmmbeans

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Posted 05 February 2013 - 12:43 PM

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

MFJ
1
25%ish is where I expect to be.

#21 google larry davis

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HUDDLER

Posted 05 February 2013 - 02:49 PM

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!

#22 Davidson Deac II

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HUDDLER

Posted 05 February 2013 - 05:41 PM

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.

#23 mmmbeans

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Posted 05 February 2013 - 05:56 PM

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.

#24 Disinfranchised

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HUDDLER

Posted 06 February 2013 - 08:45 AM

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?