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Re: Taxes [Re: John175☮] #13445791 02/20/20 08:17 PM
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Originally Posted by John175☮
Originally Posted by Tallgrass05
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?

I suspect you are avoiding an answer because you know the truth won't sell what you are pushing.


Cost comparison aside, it is really an easy choice. Why would any rationale person want to expand the power of the feds to control our lives?

Re: Taxes [Re: TR176] #13445839 02/20/20 09:08 PM
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Originally Posted by TR176
Originally Posted by BassFever
Mine was easy, Already in my bank account last week. Almost $3400 back.


You are pleased because you loaned the government $3400.00 interest free.



Like I would earn $0.60 on it over the year. I like getting back. I use it for something I wouldn't normally buy myself. Or take a trip.

Re: Taxes [Re: BassFever] #13445849 02/20/20 09:18 PM
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Originally Posted by BassFever
Originally Posted by TR176
Originally Posted by BassFever
Mine was easy, Already in my bank account last week. Almost $3400 back.


You are pleased because you loaned the government $3400.00 interest free.



Like I would earn $0.60 on it over the year. I like getting back. I use it for something I wouldn't normally buy myself. Or take a trip.

us too. It's funding our Australia trip


If God is your co-pilot then change seats

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Re: Taxes [Re: BassFever] #13445860 02/20/20 09:33 PM
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Originally Posted by BassFever
Originally Posted by TR176
Originally Posted by BassFever
Mine was easy, Already in my bank account last week. Almost $3400 back.


You are pleased because you loaned the government $3400.00 interest free.



Like I would earn $0.60 on it over the year. I like getting back. I use it for something I wouldn't normally buy myself. Or take a trip.


Will the S&P 500 was up 29% in 2019. So if you would have invested it instead of loaning it to the government for free you'd have an extra 1000 bucks!


"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L.

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Re: Taxes [Re: Jpurdue] #13445884 02/20/20 10:07 PM
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Originally Posted by Jpurdue
Originally Posted by BassFever
Originally Posted by TR176
Originally Posted by BassFever
Mine was easy, Already in my bank account last week. Almost $3400 back.


You are pleased because you loaned the government $3400.00 interest free.



Like I would earn $0.60 on it over the year. I like getting back. I use it for something I wouldn't normally buy myself. Or take a trip.


Will the S&P 500 was up 29% in 2019. So if you would have invested it instead of loaning it to the government for free you'd have an extra 1000 bucks!


Or used it during a time when money was tight and you needed new tires, or bought a new reel, or...the list goes on and on.


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Re: Taxes [Re: Jpurdue] #13445921 02/20/20 10:48 PM
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We should have a CPA sub forum here in the TFFOT.

Re: Taxes [Re: Jpurdue] #13445931 02/20/20 10:58 PM
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I'm on the fence regarding this single payer option. We are essentially already paying for others insurance.

So now we pay for our own and others. Might as well have some of our tax dollars go to our own insurance.

I also don't understand how we can expect insurance companies to cover pre-existing conditions without the single payer option. Otherwise people will wait to get insurance until they need it. I have a liberal high school classmate that is an insurance agent today and he was all for the pre-existing condition clause. However, he balked when I asked him to right me a policy and pay for the repairs on my truck that I wrecked last month.


I don't feel so bad for the 20 somethings and older that made bad decisions in their life and are paying the price now.

I do have sympathy for the kids though. No kid should be denied better healthcare because his/her parents made poor decisions early on in life. I saw we take care of all of the kids until they are through school, but after that you are on your own.

Re: Taxes [Re: WAWI] #13445938 02/20/20 11:05 PM
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Originally Posted by WAWI
Take that list then throw on top of it insurance, health, property, vehicle and it's a miracle people have money for food lol
It is insane the burden that comes just before living..as already stated insurance, property, food then comes gas, beer, fishing, beer, hunting, beer, vacations ,beer, dining out, beer etc….Its rough out here

Re: Taxes [Re: Jpurdue] #13445960 02/20/20 11:25 PM
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What about the national debt? Are you willing for your tax dollars to be spent for that?

Re: Taxes [Re: donothin] #13445964 02/20/20 11:28 PM
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Originally Posted by donothin
What about the national debt? Are you willing for your tax dollars to be spent for that?


Nope. Cut spending.


“Do not pray for easier lives. Pray to be stronger men.” -JFK
Re: Taxes [Re: Jpurdue] #13446023 02/21/20 12:12 AM
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I had a refund for the first time in years because of a tax credit for the kids.

Already spent it on new clothes for them.


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Re: Taxes [Re: Uncle Zeek] #13446026 02/21/20 12:16 AM
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Originally Posted by Uncle Zeek
I had a refund for the first time in years because of a tax credit for the kids.

Already spent it on new clothes for them.

So you got a refund ..paid no taxes ..that is outstanding ..kudos

Re: Taxes [Re: RedRanger] #13446028 02/21/20 12:17 AM
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Originally Posted by RedRanger
Originally Posted by BassFever
Mine was easy, Already in my bank account last week. Almost $3400 back.


I haven't had money back in years...………...

Re: Taxes [Re: banker-always fishing] #13446031 02/21/20 12:19 AM
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Originally Posted by banker-always fishing
I filed my taxes two weeks along with my check! Just saw it was cashed by the U.S. Treasury Dept. Hope it is spent wisely! juggle sarcastic
LOL you know it was spent wisely.. realmad hammer

Re: Taxes [Re: gander] #13446037 02/21/20 12:25 AM
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Originally Posted by gander
Originally Posted by Uncle Zeek
I had a refund for the first time in years because of a tax credit for the kids.

Already spent it on new clothes for them.

So you got a refund ..paid no taxes ..that is outstanding ..kudos



Oh, I wish. My tax bill was just $1,250+/- lower than it wouldve been otherwise. Normally I try to have my withholdings set so that I have to send a small payment in on April 15.


"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein
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2250 Morriss Road, Suite 205, Flower Mound, Texas 75028
972-746-0758 mobile
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