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Message Subject According to OBAMA Im RICH and deserved to be punished -WTF Obomination!
Poster Handle Anonymous Coward
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LOL I should probably change the title...Im not actually rich...I meant Obama considers me rich because I earn a living wage to provide for my family. According to Michael Moore 55,000-60,000/year is rich and we're the devil. LOL

But hey...as long as we can afford GLP!!! That's all that matters...and I am SOOOOOO not joking LMAO
 Quoting: ResistancePress


I make enough to pay 3x% in taxes. How is it your paying 60%? Just asking because at your income level and ability to write a ton of expenses off as deductions and having kids to claim just doesn't add up.

Should I assume you just didn't want to advertise what you really make so heathens dont show up and mug you for the change in your car?
 Quoting: Mr.Evil




You don't understand...you are thinking as an employee. Not only do I pay personal income tax, ALL profit from my company is considered "pass through income" Meaning I have to claim it on my personal return which puts me in a higher income bracket. What people don't understand is say my "pass through income" was 150,000 and I put 100,000 back into my company to creat more jobs. I STILL have to put 150,000 on my tax return and pay tax on it even though I only took home 50,000.... which means I get taxed MUCH MUCH MORE than I should. Also, You don't qualify FOR EIC after like 42,000 per year here. After all the taxes I pay I only actually get to deposit 40% in my bank account as my own. My tax bill this year was ridiculous. I owe around 25,000. I fucking hate this president.
 Quoting: ResistancePress


You need a new accountant. Seriously.
 Quoting: Anonymous Coward 24979032


No...I got rid of the last one due to the audit...hired a bulldog tax attorney. I only get to keep about 40% of what I really earn. Obviously what I make as a medic and webmaster I keep and pay normal employee taxes on...its the businesses that kill me....I still make a profit obviously but Its the pass through income.....ugh
 
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