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Tractor Talk Discussion Forum

Re: Done your taxes yet?

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04-02-2013 03:56:29

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What percentage do we get to keep anymore? I'm guessing maybe 25 percent of our total income if we are lucky. The rest of our income is paid out to the income ax man (for redistribution to those who choose not to work), on top of getting axed for property, axed for required licenses... and oh yeah, don't forget required permits and various other imposed axings...uhmmm, I mean "fees". Oh, and remember if you SAVE money and earn any interest to amount to anything... you will get axed on that too. LOL. We all get axed to death.

Don't mind at all, paying our fair share for decent roads to get to work and other things like police service and miltary for our country... but fair being the key word.

Have a niece in her early 30's. Never worked full time in her life - did not want to. YOU and I have paid for: her (and her 2 kids by different dads) rental assistance, daycare assistance, free preschool and transportation to said preschool for both her kids, cellphone, medical care and most of their groceries. BUT at least she can still afford to smoke, drink and gamble.

Sorry, don't rant much... bad subject! :)

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04-02-2013 05:56:23

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 Re: Done your taxes yet? in reply to SweetFeet, 04-02-2013 03:56:29  
Wow, sure glad I don"t live where you do. Never paid 25% in taxes, let alone 75%. Perhaps your calculator needs new batteries. Either that or a new accountant.

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jon f mn

04-02-2013 06:13:29

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 Re: Done your taxes yet? in reply to Blackhole49, 04-02-2013 05:56:23  
I think it may be you who needs the new calculator. She's talking about all your taxes, property, sales, licenses, gas, propane, excise, inheritance, capital gains, I'm sure I've forgotten a few but if you add them up it comes to much more than 25% even without income tax. Last I heard we will go over 50% this year.

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Bob Bancroft

04-02-2013 08:05:34

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 Re: Done your taxes yet? in reply to jon f mn, 04-02-2013 06:13:29  
Being a self employed farmer in NY state I can't complain too much as most everything I buy is sales tax exempt, and I get school taxes on the farm portion of the bill back from the state. The one that really amazes me are all the taxes added to the phone bill.

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04-02-2013 06:05:10

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 Re: Done your taxes yet? in reply to Blackhole49, 04-02-2013 05:56:23  
I pay 15.3% in taxes before I even start paying federal and state income taxes. Let alone paying 9% sales taxes on all my purchases, and property taxes on everything I bought.

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04-02-2013 04:19:25

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 Re: Done your taxes yet? in reply to SweetFeet, 04-02-2013 03:56:29  
A friend sent me a long list of the individual "axes" we have to pay. What's amazing at the end of the list it says, "none of these taxes were in effect 100 years ago, wives stayed home to raise children and our government was not in debt". This is progress?

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04-02-2013 04:39:02

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 Re: Done your taxes yet? in reply to gtractorfan, 04-02-2013 04:19:25  
That would be an interesting list to read. Will have to do some googling - maybe I can find it.

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