TAX TAX TAX and more TAX

[SK in CV]

[quote=meadandale]So you can understand why I have to laugh every time a liberal, including Obama, asserts that I’m paying lower taxes since he took office.[/quote]

He (and I) only assert it because it’s probably true. For 98% of taxpayers it is. If you had the same income and same deductions over the last 2 years, you are paying lower federal income taxes, unless you happen to be one of the fortunates that have earnings over $200,000. In that case, you might be paying higher taxes. And yeah, it’s all there in black and white.

[briansd1]

[quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.

[briansd1]

[quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.

[briansd1]

[quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.

[briansd1]

[quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.

[briansd1]

[quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.

[UCGal]

[quote=gandalf]State of CA tax code is badly in need of reform. Worse than federal code because of the revenue implications for the state, amplitude of increase/decrease across business cycles.[/quote]

I don’t disagree with this. I lived in PA and they had a flat tax for state income. No shielding money in a 401k, no deductions for interest, for kids, etc. It was an eye opener. I’d lived in 2 states prior to moving to PA. We know CA’s system – similar to the Fed system – deductions for everything to decrease your taxable amount. In WA – high sales tax to make up for no income tax. Even food is taxed in some counties. In PA it was 2.8% (now 3.07%) of every dollar earned. No deductions. 401k contributions were taxed.

It’s all trade offs. I’m not sure if people understand that.

[UCGal]

[quote=gandalf]State of CA tax code is badly in need of reform. Worse than federal code because of the revenue implications for the state, amplitude of increase/decrease across business cycles.[/quote]

I don’t disagree with this. I lived in PA and they had a flat tax for state income. No shielding money in a 401k, no deductions for interest, for kids, etc. It was an eye opener. I’d lived in 2 states prior to moving to PA. We know CA’s system – similar to the Fed system – deductions for everything to decrease your taxable amount. In WA – high sales tax to make up for no income tax. Even food is taxed in some counties. In PA it was 2.8% (now 3.07%) of every dollar earned. No deductions. 401k contributions were taxed.

It’s all trade offs. I’m not sure if people understand that.

[UCGal]

[quote=gandalf]State of CA tax code is badly in need of reform. Worse than federal code because of the revenue implications for the state, amplitude of increase/decrease across business cycles.[/quote]

I don’t disagree with this. I lived in PA and they had a flat tax for state income. No shielding money in a 401k, no deductions for interest, for kids, etc. It was an eye opener. I’d lived in 2 states prior to moving to PA. We know CA’s system – similar to the Fed system – deductions for everything to decrease your taxable amount. In WA – high sales tax to make up for no income tax. Even food is taxed in some counties. In PA it was 2.8% (now 3.07%) of every dollar earned. No deductions. 401k contributions were taxed.

It’s all trade offs. I’m not sure if people understand that.

[UCGal]

[quote=gandalf]State of CA tax code is badly in need of reform. Worse than federal code because of the revenue implications for the state, amplitude of increase/decrease across business cycles.[/quote]

I don’t disagree with this. I lived in PA and they had a flat tax for state income. No shielding money in a 401k, no deductions for interest, for kids, etc. It was an eye opener. I’d lived in 2 states prior to moving to PA. We know CA’s system – similar to the Fed system – deductions for everything to decrease your taxable amount. In WA – high sales tax to make up for no income tax. Even food is taxed in some counties. In PA it was 2.8% (now 3.07%) of every dollar earned. No deductions. 401k contributions were taxed.

It’s all trade offs. I’m not sure if people understand that.

[UCGal]

[quote=gandalf]State of CA tax code is badly in need of reform. Worse than federal code because of the revenue implications for the state, amplitude of increase/decrease across business cycles.[/quote]

I don’t disagree with this. I lived in PA and they had a flat tax for state income. No shielding money in a 401k, no deductions for interest, for kids, etc. It was an eye opener. I’d lived in 2 states prior to moving to PA. We know CA’s system – similar to the Fed system – deductions for everything to decrease your taxable amount. In WA – high sales tax to make up for no income tax. Even food is taxed in some counties. In PA it was 2.8% (now 3.07%) of every dollar earned. No deductions. 401k contributions were taxed.

It’s all trade offs. I’m not sure if people understand that.

[an]

[quote=briansd1][quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.[/quote]
Is it fair? What does he get more from society than the guy who only work his 40 hours?

[an]

[quote=briansd1][quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.[/quote]
Is it fair? What does he get more from society than the guy who only work his 40 hours?

[an]

[quote=briansd1][quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.[/quote]
Is it fair? What does he get more from society than the guy who only work his 40 hours?

[an]

[quote=briansd1][quote=AN]
Why are you only comparing people in different industry? What if you’re an hourly wage worker who works twice as many hours as your coworker? Nothing is stopping your coworker to do the same except him/herself.[/quote]

Ok. So a person who works more hours pays a higher tax rate because he makes more money. So what? That’s his decision. It must be beneficial to him if he’s doing it. If not, there are other workers who would gladly do the work.[/quote]
Is it fair? What does he get more from society than the guy who only work his 40 hours?

[Author]

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