Quantcast
United Nations report on the US

Forums - Politics Discussion - United Nations report on the US

Megiddo said:
I'll use my own taxes.

My AGI was $29,000. My taxable income was $18,600

My taxes withhelf from my paycheck last year was $3,700. I was given a refund of $1,500.

What does that mean? I paid $2,200 in federal taxes. I did not "get it all back"

Looks to me you are very close to the line - It used to be 51% but now its closer to 43% based on what I just looked up. Also, as I said, you do still have to pay into SS. And while most everyone in that bottom group make up all the payroll tax with credits, some towards the top end of it don't quite get there.

I hadn't looked up where the "line" was lately, for that, I admit I was wrong. However, the widespread belief among many that the rich aren't paying enough and we tax the poor too much, to me, seems like complete hogwash.



Owner of PS4 Pro, Xbox One, Switch, PS Vita, and 3DS

Around the Network

The "line" is if your taxable income is $0. And that's only for people who made less than $10,000 or so. Maybe 5-10% at most of the country. Mostly teens who worked a summer job I would guess.

I was $18,000 over the "line" so I wasn't even close. You just know absolutely nothing about taxes and think you do, which is even sadder.



Megiddo said:
The "line" is if your taxable income is $0. And that's only for people who made less than $10,000 or so. Maybe 5-10% at most of the country.

The line I'm referring to is people who get enough back to cover their payroll taxes.



Owner of PS4 Pro, Xbox One, Switch, PS Vita, and 3DS

The last link shows 27% pay no taxes or (more likely) receive money back. Another 18% pay no income tax but credits don't quite make up the difference in payroll (SS, etc). 56% or so pay income tax (as well as payroll, etc...)



Owner of PS4 Pro, Xbox One, Switch, PS Vita, and 3DS

Megiddo said:

The "line" is if your taxable income is $0. And that's only for people who made less than $10,000 or so. Maybe 5-10% at most of the country. Mostly teens who worked a summer job I would guess.

I was $18,000 over the "line" so I wasn't even close. You just know absolutely nothing about taxes and think you do, which is even sadder.

I mean, I have a link that says otherwise, but you're free to believe what you want.



Owner of PS4 Pro, Xbox One, Switch, PS Vita, and 3DS

Around the Network
epicurean said:
Megiddo said:
The "line" is if your taxable income is $0. And that's only for people who made less than $10,000 or so. Maybe 5-10% at most of the country.

The line I'm referring to is people who get enough back to cover their payroll taxes.

That's what $0 taxable income means. You owe no taxes so you get all the money withheld back.

If your AGI minus deductions is greater than 0 then you are paying taxes. It's simple math. If you are not getting everything that has been withheld then you are paying taxes.



The fact that the US probably paid for all of this is even more funny. I would support the US leaving the UN. What a waste of money. I like it when Nicki Haley is up there talking shit to all of those people though, I would support her as the first female president. I would say almost all of that boils down to the massive failure of our public education system. We spend more per kid than anyone on that planet, the failure is not the budget. Academia has been ruined on all levels, ignorant shit taught by ignorant people. Generally of course, enough to make a significant impact. Just unusually stupid people with no common reason.



Ljink96 said:
The richest country and the poorest at the same time. Sad as hell.

Greatest income inequality does not mean poorest. 

It means the US is very insanely wealthy and far too many people don't get in on it.

Being poor in the US is a pretty high standard of living compared to "middle class" just about anywhere else in the world. 

 

Our diversity is our weakness and also our strength. We will never have the advantages a homogeneous country like Japan, or South Korea has. But the diversity does lead in my opinion to greater ingenuity, you know, like they say chaos breeds creation.



psn- tokila

add me, the more the merrier.

epicurean said:
I am very much middle class in America - probably closer to lower middle class than upper middle class. But if you look on a worldwide scale, I'm in the top 1%. That's amazing to me.

I'm in the super middle class in America where I live. If I move an hour away, I'm living much nicer. If I move to say San Fran or something, I'm homeless.

Taking a huge place like America and lumping it down to some average is meaningless. Someone making $15 an hour somewhere is living comfortably and somewhere else they can't even afford to eat.



irstupid said:
epicurean said:
I am very much middle class in America - probably closer to lower middle class than upper middle class. But if you look on a worldwide scale, I'm in the top 1%. That's amazing to me.

I'm in the super middle class in America where I live. If I move an hour away, I'm living much nicer. If I move to say San Fran or something, I'm homeless.

Taking a huge place like America and lumping it down to some average is meaningless. Someone making $15 an hour somewhere is living comfortably and somewhere else they can't even afford to eat.

Good point. 



Owner of PS4 Pro, Xbox One, Switch, PS Vita, and 3DS