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225
Maga_Chaos_Monkey
2024 Dec 6, 9:08am
Maga_Chaos_Monkey
2024 Dec 6, 9:08am
WookieMan says
That's right, there was a user who during the early hours of the 2016 election got very excited about IHLary flipping Guam. He disappeared eventually. Recently there have been discussions by the new admin to move federal agencies to Guam if they can't be disband/fired.
zzyzzx says
SoTex says
Or move the agency to Guam.
I don't understand that reference. Please explain.
Ongoing joke/troll directed at a former (I think) user. I do actually want to go to Guam. I think SoTex and I are the only ones that toss Guam out on threads. I honestly forget the reason. If I recall someone had a bad take and brought up Guam and we made fun of him. It was funny at the time.
That's right, there was a user who during the early hours of the 2016 election got very excited about IHLary flipping Guam. He disappeared eventually. Recently there have been discussions by the new admin to move federal agencies to Guam if they can't be disband/fired.
226
WookieMan
2024 Dec 6, 11:44am
WookieMan
2024 Dec 6, 11:44am
Maga_Chaos_Monkey says
If I'm being honest I just like the word/country Guam now because of this site. And I legit want to visit at some point. It was also hysterical at the time.
That's right, there was a user who during the early hours of the 2016 election got very excited about IHLary flipping Guam. He disappeared eventually. Recently there have been discussions by the new admin to move federal agencies to Guam if they can't be disband/fired.
If I'm being honest I just like the word/country Guam now because of this site. And I legit want to visit at some point. It was also hysterical at the time.
231
WookieMan
2025 Jan 13, 1:50am
WookieMan
2025 Jan 13, 1:50am
Depends so much on the state. MT has no sales tax. FL no income tax. Gift tax has a lot leeway as well. You can get almost $14M lifetime. Or you can get clever like I am with the sale of my house to my mom. I get $150k in cash, not considered a gift or taxable gains.
If they taught this shit in schools people would have more money. Federal income tax is the one that pisses me off the most. $71k this year. Sure we'll get some back, but WTF? I'm paying in more than the median family annual income.
I now have to dispute $11k in permit fees where they waited a month to cash the fucking check. It's like what if I wanted to go to the casino and put $11k on black on roulette and double it? I couldn't for 30 days because the the fucks. And no, I'm not a gambler just making a point that small government is the bigger problem. I could bet that money on coin toss odds and doubled it. Instead it sat in my checking account.
My grandparents weren't super wealthy, but they did leave myself and the wife money. About $14k. Never paid a tax on that or reported it. If you're getting $10M or something like that I really don't have an issue taxing that. Not sure the percentage so I could change my mind. Unless my uncles are givers I likely won't see 7-8 figures inheritance in my lifetime or I guess when they die.
If they taught this shit in schools people would have more money. Federal income tax is the one that pisses me off the most. $71k this year. Sure we'll get some back, but WTF? I'm paying in more than the median family annual income.
I now have to dispute $11k in permit fees where they waited a month to cash the fucking check. It's like what if I wanted to go to the casino and put $11k on black on roulette and double it? I couldn't for 30 days because the the fucks. And no, I'm not a gambler just making a point that small government is the bigger problem. I could bet that money on coin toss odds and doubled it. Instead it sat in my checking account.
My grandparents weren't super wealthy, but they did leave myself and the wife money. About $14k. Never paid a tax on that or reported it. If you're getting $10M or something like that I really don't have an issue taxing that. Not sure the percentage so I could change my mind. Unless my uncles are givers I likely won't see 7-8 figures inheritance in my lifetime or I guess when they die.
232
Eric Holder
2025 Jan 13, 12:31pm
Eric Holder
2025 Jan 13, 12:31pm
WookieMan says
In FL they get you with insurance, in TX and IL they get you with property taxes, not sure how they get you in MT, but I'm not even sure what to do there if one is not a farmer or hunting/fishing guide. WY has no income tax, low sales tax and even lower property tax, no estate tax, and low insurance rates, yet nobody fucking lives there. Go figure.
Depends so much on the state. MT has no sales tax. FL no income tax.
In FL they get you with insurance, in TX and IL they get you with property taxes, not sure how they get you in MT, but I'm not even sure what to do there if one is not a farmer or hunting/fishing guide. WY has no income tax, low sales tax and even lower property tax, no estate tax, and low insurance rates, yet nobody fucking lives there. Go figure.
233
clambo
2025 Jan 13, 2:35pm
A few zillionaires live in Wyoming around Jackson Hole.
In 4 years I have saved over $25,000 in California state taxes.
I'm probably going to remain a renter in Florida but maybe an owner in Baja Sur, Mexico.
Property taxes are fantastically low in my area, about $200 bucks per year.
In 4 years I have saved over $25,000 in California state taxes.
I'm probably going to remain a renter in Florida but maybe an owner in Baja Sur, Mexico.
Property taxes are fantastically low in my area, about $200 bucks per year.
234
WookieMan
2025 Jan 13, 3:14pm
WookieMan
2025 Jan 13, 3:14pm
Eric Holder says
IL for sure on property taxes. About to eat shit on that. Hole is dug for the foundation. Probably looking at $14k/yr. MT I think is at 6.5% on income taxes. I think the property taxes are hefty there as well. Not as bad as IL or NJ. We're at 4.75% I think on income in IL.
If you drive a lot here you're tolled on the roads a lot, BUT they are good and well maintained. The federal interstates not so much. Coming in from the West to East it's 3 lanes on each side. I-55 and I-290 are piles of shit. 55 actually goes by all of Chicago's shit in Stickney. Like actual shit out your ass. Sewage. Have to drive that to get to the airport and I want to vomit every time.
Every state has their way of getting their cut. Could be something like registration fees on cars. I believe MN does it based on value of car at time of purchase. So buying a Lambo or huge truck there is not the smartest move.
In FL they get you with insurance, in TX and IL they get you with property taxes, not sure how they get you in MT, but I'm not even sure what to do there if one is not a farmer or hunting/fishing guide.
IL for sure on property taxes. About to eat shit on that. Hole is dug for the foundation. Probably looking at $14k/yr. MT I think is at 6.5% on income taxes. I think the property taxes are hefty there as well. Not as bad as IL or NJ. We're at 4.75% I think on income in IL.
If you drive a lot here you're tolled on the roads a lot, BUT they are good and well maintained. The federal interstates not so much. Coming in from the West to East it's 3 lanes on each side. I-55 and I-290 are piles of shit. 55 actually goes by all of Chicago's shit in Stickney. Like actual shit out your ass. Sewage. Have to drive that to get to the airport and I want to vomit every time.
Every state has their way of getting their cut. Could be something like registration fees on cars. I believe MN does it based on value of car at time of purchase. So buying a Lambo or huge truck there is not the smartest move.
238
SunnyvaleCA
2025 Jan 20, 3:12pm
The "which state has the most taxes" comparisons and the comparisons with other countries all rely on a lot of assumptions that can wildly change the results.
For state comparisons, California's property tax is usually described as "low" because it's only 2% of house value. But 4% property tax on a $700k mansion in some state is a much lower dollar amount than a 2% tax on a $2.5 MM shack in silicon valley. Are you really telling me $50k yearly tax on a 60 year old 3/2 with 1500 square feet house is a "low tax"?
Comparisons to other countries routinely leave out state income tax and the 6.2% (x2) social security tax, 1.45% (x2) medicare tax. California's top income tax bracket is 12.3%; it's very easy to reach 9.3% bracket ($66k for single). Don't forget CA's 0.9% disability insurance. Costs of health insurance (in my case $10k/year for lousy coverage) are a hidden tax; in other countries that cost is already incorporated into the payroll tax.
A single person earning $150k/year and living in California (a life-long renter in silicon valley) is easily over 50%.
For state comparisons, California's property tax is usually described as "low" because it's only 2% of house value. But 4% property tax on a $700k mansion in some state is a much lower dollar amount than a 2% tax on a $2.5 MM shack in silicon valley. Are you really telling me $50k yearly tax on a 60 year old 3/2 with 1500 square feet house is a "low tax"?
Comparisons to other countries routinely leave out state income tax and the 6.2% (x2) social security tax, 1.45% (x2) medicare tax. California's top income tax bracket is 12.3%; it's very easy to reach 9.3% bracket ($66k for single). Don't forget CA's 0.9% disability insurance. Costs of health insurance (in my case $10k/year for lousy coverage) are a hidden tax; in other countries that cost is already incorporated into the payroll tax.
A single person earning $150k/year and living in California (a life-long renter in silicon valley) is easily over 50%.
239
SunnyvaleCA
2025 Jan 20, 3:17pm
The extra 50¢ increase in California gas tax brings the state excise tax to 59.6¢/gallon. The CARB-compliant "special blend" and anti-oil stance of the government do far more to raise prices. According to AAA, the national average is $3.12/gallon, but in California it's $4.45.
240
WookieMan
2025 Jan 22, 9:17am
WookieMan
2025 Jan 22, 9:17am
SunnyvaleCA says
That's gay. Not sure what else to say. I think we're under $3/gal now with the winter blend. After 25-30 old I didn't care about gas prices. We have a big BP refinery in Whiting, IN which supplies most of Chicagoland. Much of the oil pipelines are directed here.
We do have a big MFT tax though. Our per gallon price should be about $2.65 right now. So we're still high. If Trump does drill we should hit $2/gal here. Problem is that this is when they raise the tax. So we'll see.
The extra 50¢ increase in California gas tax brings the state excise tax to 59.6¢/gallon. The CARB-compliant "special blend" and anti-oil stance of the government do far more to raise prices. According to AAA, the national average is $3.12/gallon, but in California it's $4.45.
That's gay. Not sure what else to say. I think we're under $3/gal now with the winter blend. After 25-30 old I didn't care about gas prices. We have a big BP refinery in Whiting, IN which supplies most of Chicagoland. Much of the oil pipelines are directed here.
We do have a big MFT tax though. Our per gallon price should be about $2.65 right now. So we're still high. If Trump does drill we should hit $2/gal here. Problem is that this is when they raise the tax. So we'll see.
245
WookieMan
2025 Feb 15, 11:21am
WookieMan
2025 Feb 15, 11:21am
The_Deplorable says
I'm irate to be honest about it. My tax nut for 2025 will be easily $120k between Federal, State, and Property. I know people don't like my swearing, but what in the flying fuck am I getting out of it???
That's not even including taxes on utilities, water/sewer bills, trash, etc. Local/state government skims off all that as well. Then sales tax.
When a family making almost $400k in a low cost of living area is bitching, things aren't right. And yes we travel more than others (not a brag) but we don't pay for flights and still do it frugally. My solo trips I stay at friends houses and we each pick a night to make a meal and do a grocery shop where we each pay for it separately. I can do a week in Montana for $400 and and get 2 lift tickets.
Temped to get back in to RE soon. Probably commercial/storage/shipping type places for small business. I can't stand people and that's easier to deal with. Not like my toilet is clogged because of my 4 year old I didn't watch. Get some equity in 10 years and just borrow tax free against it. I can work with 10 people/tenants, but get me above that they can all fall off a cliff.
I'm irate to be honest about it. My tax nut for 2025 will be easily $120k between Federal, State, and Property. I know people don't like my swearing, but what in the flying fuck am I getting out of it???
That's not even including taxes on utilities, water/sewer bills, trash, etc. Local/state government skims off all that as well. Then sales tax.
When a family making almost $400k in a low cost of living area is bitching, things aren't right. And yes we travel more than others (not a brag) but we don't pay for flights and still do it frugally. My solo trips I stay at friends houses and we each pick a night to make a meal and do a grocery shop where we each pay for it separately. I can do a week in Montana for $400 and and get 2 lift tickets.
Temped to get back in to RE soon. Probably commercial/storage/shipping type places for small business. I can't stand people and that's easier to deal with. Not like my toilet is clogged because of my 4 year old I didn't watch. Get some equity in 10 years and just borrow tax free against it. I can work with 10 people/tenants, but get me above that they can all fall off a cliff.
246
Misc
2025 Feb 15, 12:08pm
WookieMan says
You're not paying nearly enough. After all, there are reparations to be met. And no, taking care of your nephew doesn't count. Reparations are for the sins of your forefathers. Dig deeper.
I'm irate to be honest about it. My tax nut for 2025 will be easily $120k between Federal, State, and Property. I know people don't like my swearing, but what in the flying fuck am I getting out of it???
You're not paying nearly enough. After all, there are reparations to be met. And no, taking care of your nephew doesn't count. Reparations are for the sins of your forefathers. Dig deeper.
247
WookieMan
2025 Feb 15, 12:29pm
WookieMan
2025 Feb 15, 12:29pm
Misc says
Fuck you! Total joke fyi and I get yours.
I get we need a military. I'm fine with that. State wise we need roads so I get that. What else is our federal government doing for us? Places like CA need water, but there's an endangered cricket or something. Let the cricket figure it out.
National Parks are generally funded by themselves. Forestland doesn't need much money. I guess ports for shipping? Border? Oh wait, WE SEND FUCKING BILLIONS TO UKRAINE.
We need to stop worrying about people that can't do shit to us. Just let them go. Have their WWIII and if they poke the bear (the US) they die.
You're not paying nearly enough. After all, there are reparations to be met.
Fuck you! Total joke fyi and I get yours.
I get we need a military. I'm fine with that. State wise we need roads so I get that. What else is our federal government doing for us? Places like CA need water, but there's an endangered cricket or something. Let the cricket figure it out.
National Parks are generally funded by themselves. Forestland doesn't need much money. I guess ports for shipping? Border? Oh wait, WE SEND FUCKING BILLIONS TO UKRAINE.
We need to stop worrying about people that can't do shit to us. Just let them go. Have their WWIII and if they poke the bear (the US) they die.
249
AD
2025 Feb 15, 7:07pm
AD
2025 Feb 15, 7:07pm
OkDOGEisAmountingToSomething says
The curve is skewed right so what is the optimum median or overall tax rate ? 18% ?
.
The curve is skewed right so what is the optimum median or overall tax rate ? 18% ?
.
250
OkDOGEisAmountingToSomething
2025 Feb 15, 7:34pm
OkDOGEisAmountingToSomething
2025 Feb 15, 7:34pm
AD says
It depends on the society and the situation.
For example, during war time the populace generally support higher taxes. I am talking US Civil War, WW1 & WW2 or Ukraine war time( for the Ruskies and Ukeys, not us), not Vietnam or Iraq or Afghanistan war time.
The curve is skewed right so what is the optimum median or overall tax rate ? 18% ?
It depends on the society and the situation.
For example, during war time the populace generally support higher taxes. I am talking US Civil War, WW1 & WW2 or Ukraine war time( for the Ruskies and Ukeys, not us), not Vietnam or Iraq or Afghanistan war time.
251
AD
2025 Feb 15, 8:29pm
AD
2025 Feb 15, 8:29pm
OkDOGEisAmountingToSomething says
What is your estimate as far as what the optimum median tax rate should be now ?
.
AD says
The curve is skewed right so what is the optimum median or overall tax rate ? 18% ?
It depends on the society and the situation.
For example, during war time the populace generally support higher taxes. I am talking US Civil War, WW1 & WW2 or Ukraine war time( for the Ruskies and Ukeys, not us), not Vietnam or Iraq or Afghanistan war time.
What is your estimate as far as what the optimum median tax rate should be now ?
.
« First « Previous Comments 224 - 255 of 255 Search these comments
Until the 16th ammendment was passed in the early 1900's, we got by without fedetal income taxes. Tariffs did the trick. Of course, we were not yet the superpower we became, huge millitary and all, and there were not nearly the federally funded social programs we have today.
Frankly, I don't think your average American realizes how heavily they are taxed. Federal. State (with some excaptions) Property. School. Gas. Sales. Etc.
For most in the middle and upper middle class, federal income tax is the biggest share of taxes paid on a percentage basis.
In a modern captalist economy, it makes more sense to me to tax consumption rather than income.
So why not abolish the federal income tax, and instead have a federal tax on goods and services rendered. Better yet, couple it with a balanced budget amment so that the government can't spend money they don't have.
Taxing goods should be straightforward to implement. Buy a bag of rice, clothes, a house, a car, stock, etc. tax it at a nominal rate to raise sufficent revenue to keep the government running. Tax should apply to individuals and corporations alike. I have no idea what the rate would need to be to replace the lost income income revenue, but there must be a way for the been counters to figure that out.
Same holds for services. From your lawyer to your plumber to your accountant.. services rendered should also be taxed... possibly at a different rate than physical goods, since we are a "service based economy".
Just thinking out loud here.. In the 21st century there MUST be a better way to raise revenue than income tax and the various loopholes used to reduce or even avoid ones tax burden.