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Arty
ParticipantYou’ve heard of the term financial independence…It means being able to live off of passive income and “not having to work (IE earn a salary).”
Of course, I have heard of that. The young generation of my family works because we like it (or been yelled at by my aunt saying we should have a job; that’s my cousin not me). You are from Taiwan, so do you know the so call real life F4. I was hanging with one of them when I went to China last year (actually I think our group is better since we have average height of 187 cm; I am the shortest and the poorest though 🙁 ). However, I still think the riches should be taxed higher as part of social responsibility. Financial independence makes the younger generation weaker in my opinion.
ParticipantYou’ve heard of the term financial independence…It means being able to live off of passive income and “not having to work (IE earn a salary).”
Of course, I have heard of that. The young generation of my family works because we like it (or been yelled at by my aunt saying we should have a job; that’s my cousin not me). You are from Taiwan, so do you know the so call real life F4. I was hanging with one of them when I went to China last year (actually I think our group is better since we have average height of 187 cm; I am the shortest and the poorest though 🙁 ). However, I still think the riches should be taxed higher as part of social responsibility. Financial independence makes the younger generation weaker in my opinion.
ParticipantYou’ve heard of the term financial independence…It means being able to live off of passive income and “not having to work (IE earn a salary).”
Of course, I have heard of that. The young generation of my family works because we like it (or been yelled at by my aunt saying we should have a job; that’s my cousin not me). You are from Taiwan, so do you know the so call real life F4. I was hanging with one of them when I went to China last year (actually I think our group is better since we have average height of 187 cm; I am the shortest and the poorest though 🙁 ). However, I still think the riches should be taxed higher as part of social responsibility. Financial independence makes the younger generation weaker in my opinion.
ParticipantYou’ve heard of the term financial independence…It means being able to live off of passive income and “not having to work (IE earn a salary).”
Of course, I have heard of that. The young generation of my family works because we like it (or been yelled at by my aunt saying we should have a job; that’s my cousin not me). You are from Taiwan, so do you know the so call real life F4. I was hanging with one of them when I went to China last year (actually I think our group is better since we have average height of 187 cm; I am the shortest and the poorest though 🙁 ). However, I still think the riches should be taxed higher as part of social responsibility. Financial independence makes the younger generation weaker in my opinion.
ParticipantThe wages slaves are generally taxed at a reasonable progressive rate. It’s those guys that make most of their money off of capital gains that are making a killing with their low tax rate.
Yea, that’s part of the Bush tax cuts, too. If you haven’t realize that :P. The capital gain is set to flat 15% for long term i.e. 1 year, lol! It’s time to quit your jobs and start a company!
For those who think they are paying a lot taxes in the 100k-200k range. Please give me a percentage of how much you ACTUALLY paid after the deductions (the IRA deduction, the 60k deduction you took on the hammer, deduction on HELOC etc.)! Also, if you think about it, the reality is that our government is having a serious insolvency issue if you believe in our former federal com controller. Who is to blame? I guess we only have to see which presidents spent the most amount of money in their terms…that will be???
ParticipantThe wages slaves are generally taxed at a reasonable progressive rate. It’s those guys that make most of their money off of capital gains that are making a killing with their low tax rate.
Yea, that’s part of the Bush tax cuts, too. If you haven’t realize that :P. The capital gain is set to flat 15% for long term i.e. 1 year, lol! It’s time to quit your jobs and start a company!
For those who think they are paying a lot taxes in the 100k-200k range. Please give me a percentage of how much you ACTUALLY paid after the deductions (the IRA deduction, the 60k deduction you took on the hammer, deduction on HELOC etc.)! Also, if you think about it, the reality is that our government is having a serious insolvency issue if you believe in our former federal com controller. Who is to blame? I guess we only have to see which presidents spent the most amount of money in their terms…that will be???
ParticipantThe wages slaves are generally taxed at a reasonable progressive rate. It’s those guys that make most of their money off of capital gains that are making a killing with their low tax rate.
Yea, that’s part of the Bush tax cuts, too. If you haven’t realize that :P. The capital gain is set to flat 15% for long term i.e. 1 year, lol! It’s time to quit your jobs and start a company!
For those who think they are paying a lot taxes in the 100k-200k range. Please give me a percentage of how much you ACTUALLY paid after the deductions (the IRA deduction, the 60k deduction you took on the hammer, deduction on HELOC etc.)! Also, if you think about it, the reality is that our government is having a serious insolvency issue if you believe in our former federal com controller. Who is to blame? I guess we only have to see which presidents spent the most amount of money in their terms…that will be???
ParticipantThe wages slaves are generally taxed at a reasonable progressive rate. It’s those guys that make most of their money off of capital gains that are making a killing with their low tax rate.
Yea, that’s part of the Bush tax cuts, too. If you haven’t realize that :P. The capital gain is set to flat 15% for long term i.e. 1 year, lol! It’s time to quit your jobs and start a company!
For those who think they are paying a lot taxes in the 100k-200k range. Please give me a percentage of how much you ACTUALLY paid after the deductions (the IRA deduction, the 60k deduction you took on the hammer, deduction on HELOC etc.)! Also, if you think about it, the reality is that our government is having a serious insolvency issue if you believe in our former federal com controller. Who is to blame? I guess we only have to see which presidents spent the most amount of money in their terms…that will be???
ParticipantThe wages slaves are generally taxed at a reasonable progressive rate. It’s those guys that make most of their money off of capital gains that are making a killing with their low tax rate.
Yea, that’s part of the Bush tax cuts, too. If you haven’t realize that :P. The capital gain is set to flat 15% for long term i.e. 1 year, lol! It’s time to quit your jobs and start a company!
For those who think they are paying a lot taxes in the 100k-200k range. Please give me a percentage of how much you ACTUALLY paid after the deductions (the IRA deduction, the 60k deduction you took on the hammer, deduction on HELOC etc.)! Also, if you think about it, the reality is that our government is having a serious insolvency issue if you believe in our former federal com controller. Who is to blame? I guess we only have to see which presidents spent the most amount of money in their terms…that will be???
ParticipantI wonder what you expect out of life where that much money isn’t rich to you?
Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.
Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.
I would love to see how this add up to 200k or 250k.
Rent (or mortgage) 3000*12 = 36,000
Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.
ParticipantI wonder what you expect out of life where that much money isn’t rich to you?
Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.
Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.
I would love to see how this add up to 200k or 250k.
Rent (or mortgage) 3000*12 = 36,000
Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.
ParticipantI wonder what you expect out of life where that much money isn’t rich to you?
Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.
Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.
I would love to see how this add up to 200k or 250k.
Rent (or mortgage) 3000*12 = 36,000
Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.
ParticipantI wonder what you expect out of life where that much money isn’t rich to you?
Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.
Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.
I would love to see how this add up to 200k or 250k.
Rent (or mortgage) 3000*12 = 36,000
Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.
ParticipantI wonder what you expect out of life where that much money isn’t rich to you?
Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.
Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.
I would love to see how this add up to 200k or 250k.
Rent (or mortgage) 3000*12 = 36,000
Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.
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