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Member |
I'm not the one stating I am subsidizing those who deducted their Property, State and Local taxes on a Sch A. This nonsense that someone who claims the standard deduction is subsidizing those who itemize based on taxes paid is absurd. Out and out simple-headed goofiness. If you think living in Tennessee (or anywhere else where your total nonfederal tax paid is low enough) and think you are "subsidizing" those who pay more, but you take even a single red cent of my above list, you are FSA of the worst kind. -------------------------- I own a bunch of Sigs with Beavertails... | |||
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אַרְיֵה |
 הרחפת שלי מלאה בצלופחים | |||
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Jodel-Time |
FSA = Free Shit Army (according to Urban Dictionary) | |||
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Tinker Sailor Soldier Pie |
Yeah sure, dude. Whatever. ~Alan Acta Non Verba NRA Life Member (Patron) God, Family, Guns, Country Men will fight and die to protect women... because women protect everything else. ~Andrew Klavan | |||
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A Grateful American |
My taxes are easy to do. 1. Total earnings for 2017. $_______ 2. Total amount withheld for 2017. -$_______ 3. Total amount paid to ex-wife for 2017. -$_______ 4. Amount remaining for 2017. $_______ Please remit the amount in line four, payable to the IRS. So easy, a monkey can do it. "the meaning of life, is to give life meaning" ✡ Ani Yehudi אני יהודי Le'olam lo shuv לעולם לא שוב! | |||
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| No double standards |
So a company makes $100K in pretax profit, pays $40K total in income taxes, leaving $60K in after tax income. They then pay that $60K in dividends to the owners of the company, which dividends get taxed at 15%, making an overall tax rate of 55%. And those people are FSA's of the worst kind??? "Liberty lies in the hearts of men and women. When it dies there, no constitution, no law, no court can save it....While it lies there, it needs no constitution, no law, no court to save it" - Judge Learned Hand, May 1944 | |||
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| Member |
It's going to be even easier if you make the ex post 2018. No more deduction for alimony -------------------------- I own a bunch of Sigs with Beavertails... | |||
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| Member |
quote what I said, or just make goofy sad faces all by themselves. -------------------------- I own a bunch of Sigs with Beavertails... | |||
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| Member |
Didn't say anything of the sort. At least you quoted me completely. -------------------------- I own a bunch of Sigs with Beavertails... | |||
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| Ammoholic |
I think you are talking Apples and Coconuts. When jlgray3 and others talk about high tax states, they are referring to states that have high state income taxes. The graph you posted shows the average per capita Federal income tax paid. Looking at that, the average CA tax payer paid more in Federal taxes than the nationwide average (and that is before the limitation on deductions for state and local taxes and the limitation for mortgage interest kicks in). However, before one can say that CA (a high tax state by either definition) subsidies other states, you’d have to look at a chart similar to the one you posted that talks about how much money the Federal government sends to the various states. Really, the most direct comparison would be raw numbers. How much money did each state send to the Federal government (through state payments, residents’ income taxes, etc) and how much money did each state receive from the Federal government (through grants, etc to the state, payments to individual residents, etc). It you are going to include social security and Medicare payments, include those taxes too. It would be a lot of accounting... | |||
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| No double standards |
Actually your list of FSA included those who get a preferential tax rate on dividends, which is the exact scenario I noted above. "Liberty lies in the hearts of men and women. When it dies there, no constitution, no law, no court can save it....While it lies there, it needs no constitution, no law, no court to save it" - Judge Learned Hand, May 1944 | |||
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| Member |
I said if one cries that someone else shouldn't get a benefit in the tax code, but they take advantage of other perks in the code, they are FSA of the worst kind. And to answer your round about question, qualified dividends didn't exist until 2004~ish. So yes, ever since 2004~ish those who pay tax on qualified dividends receive a "subsidy" in the same way those who deduct tax paid on a schedule A receive one. -------------------------- I own a bunch of Sigs with Beavertails... | |||
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Too clever by half |
You missed my point completely. Noticed I said "states", not individuals. States can get away with higher taxation when they know the federal tax code allows it as a deduction. Higher state taxes are effectively subsidized. "We have a system that increasingly taxes work, and increasingly subsidizes non-work" - Milton Friedman | |||
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| Live Slow, Die Whenever  |
 "I won't be wronged, I won't be insulted, and I won't be laid a hand on. I don't do these things to other people and I require the same from them." - John Wayne in "The Shootist" | |||
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| Member |
more little bastards are made because the bastard makers know they will get paid more effectively subsidized by us assholes without kids. Marrying and filing a joint tax return effectively subsidizes the married couple at the expense of us single filing assholes. I got your point, do you get mine? -------------------------- I own a bunch of Sigs with Beavertails... | |||
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| Muzzle flash aficionado  |
Frankly, calling folks names because they take advantage of what is allowed by the tax laws is counterproductive. Virtually all of us are overtaxed and it makes no sense to avoid taking whatever reductions that are legal--to do so is foolish. I frankly would support going back to taxation as originally planned--a fixed fee for every land owner--but that is not going to happen. Assuming that every citizen living in the USA has the same legal opportunities, I'd also support a fixed fee for every citizen, but that isn't going to happen, either. Any scheme where the rich and poor pay the same cannot fly, because the tax just cannot be high enough to support what the government is expected to do (even if stripped of all the welfare stuff). That being the case, I try to support Congress critters who will craft tax programs I can tolerate, and then will attempt to use any provisions that will reduce what I have to pay. And I don't feel bad about doing it. flashguy Texan by choice, not accident of birth | |||
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Almost as Fast as a Speeding Bullet |
Don't worry y'all, Cuomo is comin' to the rescue. 
______________________________________________ Aeronautics confers beauty and grandeur, combining art and science for those who devote themselves to it. . . . The aeronaut, free in space, sailing in the infinite, loses himself in the immense undulations of nature. He climbs, he rises, he soars, he reigns, he hurtles the proud vault of the azure sky. — Georges Besançon | |||
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| Too clever by half |
You are conflating inducements offered to individuals across all states with behavior of the states as a result of inducements. They are not the same. "We have a system that increasingly taxes work, and increasingly subsidizes non-work" - Milton Friedman | |||
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Ammoholic |
That's nuts, that is more than I make a year. Jesse Sic Semper Tyrannis | |||
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Member |
Get the popcorn! _________________________________________________________________________ “A man’s treatment of a dog is no indication of the man’s nature, but his treatment of a cat is. It is the crucial test. None but the humane treat a cat well.” -- Mark Twain, 1902 | |||
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