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Originally posted by TFCJay
Can somebody here answer a question for me...?
When is tax free day in the USA?
And by that I mean in Canada we basically work until about mid to late June just to pay taxes. After that what we make would be ours to keep. Of course, this is not the way it is done but it is a different way to think about it.
Thanks in advance.
Originally posted by ProfessorChaos[/i
Either something drastic must happen VERY soon, or the game is up.
That's my 2¢ on the matter....
Originally posted by timetothink
reply to post by TFCJay
No, that's just income tax break even.
Tax Freedom Day is the first day of the year in which a nation as a whole has theoretically earned enough income to fund its annual tax burden. It is annually calculated in the United States by the Tax Foundation—a Washington, D.C.-based tax research organization. Every dollar that is officially considered income by the government is counted, and every payment to the government that is officially considered a tax is counted. Taxes at all levels of government—local, state and federal—are included.
Originally posted by Djayed
reply to post by gladtobehere
I wish I made $108,000 to pay an extra 14k on. This is the reason you have tax deductions to lower that amount. Stop complaining and be thankful for what you got.
Most of the country make under 52k per household, so I wouldn't say making over 100k is middle class.
edit on 12/7/2012 by Djayed because: (no reason given)edit on 12/7/2012 by Djayed because: (no reason given)
Originally posted by tothetenthpower
Now that people are comfortable not paying for anything the government has done, you all jump in the air when the time has come to do so.
America, you let your country slip into a financial disaster. It's time to fix it. That means ALL of you are going to be poor for a bit. Unless of course you simply ask the rich to reduce their wealth by about 20%, which to them is a drop in the ocean.
Originally posted by micmerci
Oh, no, no, no, it is only those making over $250k- don't you remember? Only the super wealthy will see a rise in taxes, remember? Oh, you mean that was a crock of sh!t? You can't say that because that makes you a racist.
Oh, yeah BTW, If this news gets you fired up, just wait until Obamacare fully kicks in- then the fun begins!
And Obama's rating has gone up SMH
Originally posted by tehdouglas
So let me get this straight, all the rich people are freaking out because they have to pay 14k more a year? Someone who makes millions paying $14,000? Or is there more to it? If not thats pathetic.
Also I agree with the guy who said that all the US currency in the world couldnt pay off the debt because of our Keynesian, Fractional Reserve Banking economy. But the one point where I dont agree, even with Ron Paul, whom I admire, is that changing back to a gold standard will save us. Im pretty sure the people in power have most of the gold. It would have to be done differently, but i dont know how. It just seems like a bad solution to just go back to gold when the average joe has none whereas the bankers and corporations have a ton. But Yeah of course I agree we need something to change.edit on 7-12-2012 by tehdouglas because: (no reason given)