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Topics1,038,939
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Most Online39,925 Dec 30th, 2023
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Re: Taxes
[Re: RedRanger]
#13445626
02/20/20 05:44 PM
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Joined: Apr 2017
Posts: 12,111
BCBassCat
TFF Guru
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TFF Guru
Joined: Apr 2017
Posts: 12,111 |
Mine was easy, Already in my bank account last week. Almost $3400 back. I haven't had money back in years...………... Same
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Re: Taxes
[Re: Jpurdue]
#13445629
02/20/20 05:48 PM
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Joined: May 2002
Posts: 82,397
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 82,397 |
I pay an exobitant amount of taxes to the IRS every year. I am good with them using most of it for the military. I believe in walking softly and carrying a big stick. What I loathe is that they give some of it to idiotic feel good programs and academia grants that accomplish nothing of significance.
Foxtrot Juliet Bravo
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Re: Taxes
[Re: Jpurdue]
#13445633
02/20/20 05:51 PM
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Joined: May 2002
Posts: 5,725
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,725 |
I have to wait until late March for a few K-1s, then endure the beating of entering the K-1 info into Turbotax. Then figure out how much to stuff into the HSA retro to 2018 to eliminate Fed taxes. Good, clean fun.
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Re: Taxes
[Re: Jpurdue]
#13445635
02/20/20 05:53 PM
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Joined: Mar 2008
Posts: 34,573
cocodrie
TFF Guru
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TFF Guru
Joined: Mar 2008
Posts: 34,573 |
Good lord, tried the turbo tax and K1 one year, I gave up and took it to my CPA. Screw that.
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Re: Taxes
[Re: Bob Davis]
#13445638
02/20/20 05:54 PM
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Joined: May 2002
Posts: 5,725
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,725 |
I pay an exobitant amount of taxes to the IRS every year. I am good with them using most of it for the military. I believe in walking softly and carrying a big stick. What I loathe is that they give some of it to idiotic feel good programs and academia grants that accomplish nothing of significance. Agreed. The feds have a spending problem, not a revenue problem.
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Re: Taxes
[Re: Jpurdue]
#13445641
02/20/20 05:57 PM
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Joined: Jul 2010
Posts: 75,727
banker-always fishing
Pumpkin Head
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Pumpkin Head
Joined: Jul 2010
Posts: 75,727 |
I filed my taxes two weeks ago along with my check! Just saw it was cashed by the U.S. Treasury Dept. Hope it is spent wisely!
IGFA World Record Rio Grande Cichlid. Lake Dunlap. John 3:16 Sinner's Prayer. God forgive me a sinner. I accept Jesus Christ as my Savior !
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Re: Taxes
[Re: BassFever]
#13445676
02/20/20 06:19 PM
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Joined: Apr 2004
Posts: 14,067
Stump jumper
TFF Guru
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TFF Guru
Joined: Apr 2004
Posts: 14,067 |
Mine was easy, Already in my bank account last week. Almost $3400 back. Mine was too except for the 40 of so stock trades. Trades were because of Trump and his tariffs. I am a Trump fan but he caused a lot of turmoil in the markets last year. Just as the tariff carp settles down coronavirus hits.
2200 Bay Champ/200 Mercury Optimax 2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Taxes
[Re: Jpurdue]
#13445683
02/20/20 06:25 PM
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Joined: Mar 2003
Posts: 18,278
Hookem
TFF Guru
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TFF Guru
Joined: Mar 2003
Posts: 18,278 |
Bought stock at $12 and sold at $305. Lots!
Ima gonna pay.
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Re: Taxes
[Re: Jpurdue]
#13445697
02/20/20 06:35 PM
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Joined: Mar 2008
Posts: 34,573
cocodrie
TFF Guru
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TFF Guru
Joined: Mar 2008
Posts: 34,573 |
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Re: Taxes
[Re: John175☮]
#13445735
02/20/20 07:21 PM
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Joined: Mar 2005
Posts: 43,998
Tallgrass05
bill maher's protege
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bill maher's protege
Joined: Mar 2005
Posts: 43,998 |
Wait till we nationalize healthcare. You'll wish you had today's tax rates. Really?"Taking into account both the costs of coverage expansion and the savings that would be achieved through the Medicare for All Act, we calculate that a single-payer, universal health-care system is likely to lead to a 13% savings in national health-care expenditure, equivalent to more than US$450 billion annually (based on the value of the US$ in 2017). The entire system could be funded with less financial outlay than is incurred by employers and households paying for health-care premiums combined with existing government allocations."
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Re: Taxes
[Re: Tallgrass05]
#13445739
02/20/20 07:24 PM
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Joined: Apr 2014
Posts: 8,378
Jpurdue
OP
TFF Celebrity
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OP
TFF Celebrity
Joined: Apr 2014
Posts: 8,378 |
Wait till we nationalize healthcare. You'll wish you had today's tax rates. Really?"Taking into account both the costs of coverage expansion and the savings that would be achieved through the Medicare for All Act, we calculate that a single-payer, universal health-care system is likely to lead to a 13% savings in national health-care expenditure, equivalent to more than US$450 billion annually (based on the value of the US$ in 2017). The entire system could be funded with less financial outlay than is incurred by employers and households paying for health-care premiums combined with existing government allocations." You must not have watched last nights debate TG. Even the fellow democrats on the stage were saying the Bern's plan would cost trillions more than the current system.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
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Re: Taxes
[Re: Tallgrass05]
#13445745
02/20/20 07:31 PM
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Joined: Oct 2005
Posts: 85,919
John175☮
MACHO MAN
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MACHO MAN
Joined: Oct 2005
Posts: 85,919 |
Wait till we nationalize healthcare. You'll wish you had today's tax rates. Really?"Taking into account both the costs of coverage expansion and the savings that would be achieved through the Medicare for All Act, we calculate that a single-payer, universal health-care system is likely to lead to a 13% savings in national health-care expenditure, equivalent to more than US$450 billion annually (based on the value of the US$ in 2017). The entire system could be funded with less financial outlay than is incurred by employers and households paying for health-care premiums combined with existing government allocations." Simple yes or no answers. Under your plan would my taxes go up more than what I currently pay for my own private insurance? Under your plan would we be able to keep our doctors?
“Do not pray for easier lives. Pray to be stronger men.†-JFK
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Re: Taxes
[Re: John175☮]
#13445762
02/20/20 07:46 PM
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Joined: Mar 2005
Posts: 43,998
Tallgrass05
bill maher's protege
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bill maher's protege
Joined: Mar 2005
Posts: 43,998 |
Your question is simplistic. If you pay a little more in taxes but pay much less in premiums and medical costs, and your overall net income is higher, that's a plus. I'm not a fan of getting rid of private insurance, most of the developed countries have a mix of government and optional private insurance and that works well. But to simply ask "Will my taxes go up?" is such an elementary analysis.
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Re: Taxes
[Re: Tallgrass05]
#13445768
02/20/20 07:54 PM
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Joined: May 2002
Posts: 82,397
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 82,397 |
Quantify "a little more in taxes". Because everyone loves for their taxes to increase.
Foxtrot Juliet Bravo
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Re: Taxes
[Re: Tallgrass05]
#13445777
02/20/20 08:04 PM
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Joined: Oct 2005
Posts: 85,919
John175☮
MACHO MAN
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MACHO MAN
Joined: Oct 2005
Posts: 85,919 |
Your question is simplistic. If you pay a little more in taxes but pay much less in premiums and medical costs, and your overall net income is higher, that's a plus. I'm not a fan of getting rid of private insurance, most of the developed countries have a mix of government and optional private insurance and that works well. But to simply ask "Will my taxes go up?" is such an elementary analysis. I phrase it in an elementary fashion so you have little wiggle room to avoid answering. I pay for my insurance now. I have a low deductible. Will my net output in taxes exceed what I currently pay? If I keep my current plan will my taxes go up? I suspect you are avoiding an answer because you know the truth won't sell what you are pushing.
“Do not pray for easier lives. Pray to be stronger men.†-JFK
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