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originally posted by: burdman30ott6
a reply to: MystikMushroom
See, been duped enough. The calculator you want people to use comes to us all from the same type of asshats who marketed Obamacare as "affordable" and a "savings," had George HW Bush convincing America to "read his lips, no new taxes" then raised them in office, Saw Obama swear no tax increase on those making less than $250k per year before then passing the single largest middle class tax increase in history and even had the BAWLS to sell it before the SCOTUS as "a tax."
These people are lying scumbags. Sure, if I decided to join the rolls of Kept Voters, living off the baggies of sunshine people like Sanders toss their minions in exchange for their votes, it might balance out. I'm not, though, so it isn't self-loathing for me to reject the biased and "only valid until he reaches the White House" Sanders' provided calculator as being exactly what it is: a tool intended to bolster the Kept Voter ranks.
originally posted by: MystikMushroom
a reply to: burdman30ott6
No, union employees, people making minimum wage, retirees, self-employed people... -- none of those people would be subject to any of that.
And I see no historical evidence or proof that this has happened -- to indicate it will happen.
originally posted by: burdman30ott6
a reply to: TrueBrit
Wrong argument. I grew up like that, with my Dad working his ass off. I also worked myself through high school and college, hard work doing fun stuff like picking onions and breaking down starters and alternators in a 140-degree quonset hut shop with no ventilation. Ate a lot of Ramen, a lot of beans, and a lot of game meat. No welfare, either... unless you county county extension office at-cost huge blocks of cheese, gallon tubs of peanut butter, and 50lb burlap sacks of pinto beans "welfare."
There are reasons I advocate a world where people STFU, put their head down, bend their back and work their own way out of whatever *ahem* "less fortunate" (a stupid term which anyone who has ever actually earned a day's wages should find extremely codescending and insulting.) situation they find themselves in. Can anybody do it? Absolutely. Will everybody do it? Nope. Is that my problem? Not in the least.
originally posted by: Edumakated
My income fluctuates year to year, but I am generally in the $300-$500k range. If you think that raising my taxes by $50k won't have negative consequences, to be blunt you are an idiot.
That is money that might have funded my child's college tuition. That is money that might have been reinvested for my own retirement. It is money that I may have used for other charitable giving. It is money that supports my elderly mother.
People in this bracket making say $200-$500k are not rich. These are not people who are flying private planes and popping bottles with Jay-Z. In most cases, these are DUAL INCOME professionals. Your doctors, lawyers, middle management, sales, etc. Most of these people live very modest lives and are at the pinnacle of their earning career and in some cases, income at this level may only last a few years.
Typically people making this kind of money live in major urban cities with very high costs of living. Starter homes costing $500k or more. Private school tuitions. Day care. Student loans. Retirement.
Is Bernie's tax increase going to drive into bankruptcy? No. But it most certainly might change my spending habits which most certainly is going to trickle down. I may not take that vacation. I may not eat out as much.
I keep asking you liberals how much of my earned money you think you deserve? I mean why is it that I am greedy for wanting to keep what I earn but you aren't greedy for demanding I give it to you? What kind of messed up socialist world do we live in where it is greed to want to keep what you work for?
I bust my azz in school so I could get into a certain career. Then I bust my azz some more working 80 hour weeks to learn my business. Then I took out nearly $100 grand in student loans to further my education with an MBA. Then I worked 80 hours week again to climb the ladder at the company. Why sacrifice and work hard if the government is just going to take it?
Self-employed individuals generally must pay self-employment tax (SE tax) as well as income tax. SE tax is a Social Security and Medicare tax primarily for individuals who work for themselves. It is similar to the Social Security and Medicare taxes withheld from the pay of most wage earners. In general, anytime the wording "self-employment tax" is used, it only refers to Social Security and Medicare taxes and not any other tax (like income tax).
originally posted by: ketsuko
a reply to: Edumakated
I have an uncle, my dad's youngest brother, who came back from the military and went in with a bunch of his buddies out in Cali. They started a company that had something to do with scanner technology in grocery stores. It was an enormous risk that paid off. When I was entering high school he was retiring early with his first million, but he got bored and went back to work for Apple and made a few million more.
He retired for the second time this past year to Hawaii.
My dad and all his siblings grew up dirt poor. I begrudge my uncle nothing. He earned every single penny and he has every right to do whatever he wants with it.
originally posted by: amazing
Yeah most of that "Sanders will raise all our taxes" crap, is just that, crap.
Most of what he's talking about is about "redistribution of Wealth" which means, taking the tax money we already pay and putting towards stuff that we actually want.
We don't want Wars in the middle east or subsidizes for Fossil fuel companies or increases in the budgets of our Alphabet agencies etc. We'd rather "redistribute" some of that money to Education and Healthcare. Things we actually need.
Also he'd like to replace the bloated Obamacare with a cheaper streamlined universal health care system. Something we all want. Except for the "supermen" that inhabit ATS= There is an abnormal amount of Right leaning American males that have an abnormal amount of money to spend on healthcare and the never get sick right here on ATS. LOL
originally posted by: TrueBrit
a reply to: LesMisanthrope
Piffle!
There is no way to put enough of a rose coloured tint on a lens, to suggest that a nation which has tent cities still, which has cities which do not have proper drinking water infrastructure, which do not have proper road infrastructure support, which has crumbling bridges all over the place, which still has districts using twenty year old textbooks in its classrooms, which contains the city of Detroit, can EVER say that there is not a wealth concentration problem.
The reason that people look at wealth like a big pie, IS BECAUSE THAT IS PRECISELY HOW IT DAMNED WELL WORKS! If one person earns ninety million dollars out of the hundred that were in circulation, everyone else IS going to have to share the remaining ten somehow. That IS how it ends up working out, no matter what mechanism is involved, and do you know how I know that?
When I look at a graph showing the cost of living, the one percent, and the other ninety nine, the cost of living keeps going way up, the wages at the tippety top go way, WAY up, and that leaves 99% of people getting crapped on either just barely affording to live, or failing to afford it at all. The whole nation, given the capital available there, should be living above the poverty line. There is no excuse, no acceptable reason why anything else should be the case, especially when you realise that the vast majority of those 99% will work harder for a pittance than most CEOs have worked in their whole lives to date.
originally posted by: Puppylove
If you're making 250,000 a year and are complaining about roughly 50 thousand dropping you to 200000 thousand a year.... cry me a river as I play the world's smallest violin for you.
originally posted by: ketsuko
a reply to: Ohanka
Really? Just exactly is "more than enough" in your opinion. Give me an amount please. For a family of three.
originally posted by: MystikMushroom
originally posted by: projectvxn
I love all the "I wanna be taxed more" people.
They act like giving money to the largest and most wasteful government ever devised is somehow charity.
That if they just take it from "the other guy" that it is somehow more just.
Why are we penalizing success?
And I love the irony of people who support the corruption and greed of the richest people in the world.
It's like some kind of weird Stockholm Syndrome, where the victim of abuse defends their abuser. It's like a beaten wife defending her scum of a husband.
Or maybe it's some kind of misguided hope, born out of being lied to and told a bunch of rubbish/myths that yes -- they do, if they work really, really REALLY hard and the stars align in just the right way...they too can be just like the richest people in the world!
It's no surprise the wealthiest people want to keep themselves at the top, and have systematically brainwashed the masses into complacency -- convincing them to vote themselves into bondage and keep themselves "poor for their own good".
If you're at the top, you'll do/say whatever you need to in order to stay there.
originally posted by: MystikMushroom
originally posted by: MystikMushroom
a reply to: burdman30ott6
It's the old: "It sucked being me growing up. So it should suck for you too" argument.
Or the "no one ever bothered to help me (even though I never asked) -- so I shouldn't be expected to offer help to anyone!" argument.
And you know what -- I thought about it. You shouldn't have to help anyone if you don't want to -- but then you better go and live in a hole in the ground or something because you have been, and are being helped indirectly and directly every single day by America's society, culture and government.
We have jobs because America has a government that created an economy we work in.
originally posted by: Puppylove
If you're making 250,000 a year and are complaining about roughly 50 thousand dropping you to 200000 thousand a year.... cry me a river as I play the world's smallest violin for you.
originally posted by: MystikMushroom
a reply to: burdman30ott6
OK, fine -- just get rid of government. The economy would vanish.
There were systems of government prior to 1776 that EVOLVED INTO THE US GOVERNMENT.
Jesus H Christ ...
originally posted by: BubbaJoe
originally posted by: projectvxn
a reply to: MystikMushroom
I don't support corruption and greed.
Giving my hard earned money to an already corrupt and dangerous government isn't the answer to corruption and greed.
My guess is that you use the corrupt governments infrastructure on a daily basis, how do we stop the corruption and greed?
originally posted by: MystikMushroom
a reply to: jkm1864
Sounds to me like you pay the same kind of taxes an employee would at any company. Income tax, plus SS/Medicare.
According to the IRS website:
Self-employed individuals generally must pay self-employment tax (SE tax) as well as income tax. SE tax is a Social Security and Medicare tax primarily for individuals who work for themselves. It is similar to the Social Security and Medicare taxes withheld from the pay of most wage earners. In general, anytime the wording "self-employment tax" is used, it only refers to Social Security and Medicare taxes and not any other tax (like income tax).
IRS
originally posted by: burdman30ott6
a reply to: jkm1864
Yeah, I'm a greedy, evil SOB with a clockwork soul and the fires of hell toasting the inside of my brain pan... all because I find it reasonable, logical, and fair for a man to not only bear his own responsibility but also not robbed of a sizeable portion of his earnings simply to fund some jackwad politician's throng of Kept Voters.
It's alright though, Atlas will eventually roll his shoulders and things will rapidly change.
originally posted by: MystikMushroom
That calculator is A LIE.
I don't know how many times I've had to scream, yell, wave my arms around.
Unless you make over $250,000 a year, your taxes will NOT CHANGE.
The calculator is misleading, and doesn't represent the actual tax brackets that Sander's has published and discussed. The Vox site is propaganda.
originally posted by: OccamsRazor04
originally posted by: Puppylove
If you're making 250,000 a year and are complaining about roughly 50 thousand dropping you to 200000 thousand a year.... cry me a river as I play the world's smallest violin for you.
Yeah he should have it all taken and live on $20k. That will teach him to get a good job!