Silver_Knight wrote: No rebate check here either....I was told that I did not "NEED" the rebate. I have also been told for the last eight years that I did not "NEED" the standard deduction for our three kids. I wonder when the word "DESERVE" was repalaced by "NEED"?
That is OK though, you guys go ahead and spend that "REBATE" check and I'll get my share of it the true american way....I'll earn it ;-)
So you're one of the "rich" too? I sure wish I was really as rich as the government seems to think I am. Maybe if I live in Arkansas I'd be well off, but here in California I'm just middle class.
2004 National Tropi-Cal T-350, Class A, Triple slide, 330 HP Cat DP. 2006 Dodge Dakota 4x4 or
2002 Harley FLSTF Fat Boy on a Trailer or
2004 Polaris Quad on the Trailer
John
1984 Ford B-700 school bus conversion, Thomas body
A bunch of other vehicles
3 nutty cats (Maya, Vierna, Briza)
One lazy dog (Marmaduke)
One wife (Liz)
"A wasted youth is better by far than a wise and productive old age"
-Jim Steinman
Me and my wife are in the 100K range, do we deserve the money? I take home about 74% of my pay each week, and at tax time the last couple of years got less than $1000 back, probably owe next year when we lose the tax write off for the twins. Do the rich only get to keep 75% of there money? But we also have propety tax to pay, and sales tax, taxes on gas, plates for the cars, motorcycle, trailer, plus other taxes I may be missing, maybe we are lucky to keep 65% of our earned income.
Mike R. wrote: Me and my wife are in the 100K range, do we deserve the money? I take home about 74% of my pay each week, and at tax time the last couple of years got less than $1000 back, probably owe next year when we lose the tax write off for the twins. Do the rich only get to keep 75% of there money? But we also have propety tax to pay, and sales tax, taxes on gas, plates for the cars, motorcycle, trailer, plus other taxes I may be missing, maybe we are lucky to keep 65% of our earned income.
The more you make the less you get to keep percentage wise. In my tax bracket, between fed and state income tax, every extra dollar I make I only get to keep about 55% of. My overall tax burden is not 45%, but it is 45% on any additional money. So if I work overtime I only get 55% of it.
* This post was
edited 05/03/08 07:47pm by msmith1199 *
Mike R. wrote: Me and my wife are in the 100K range, do we deserve the money? I take home about 74% of my pay each week, and at tax time the last couple of years got less than $1000 back, probably owe next year when we lose the tax write off for the twins. Do the rich only get to keep 75% of there money? But we also have propety tax to pay, and sales tax, taxes on gas, plates for the cars, motorcycle, trailer, plus other taxes I may be missing, maybe we are lucky to keep 65% of our earned income.
The more you make the less you get to keep percentage wise. In may tax bracket, between fed and state income tax, every extra dollar I make I only get to keep about 55% of. My overall tax burden is not 45%, but it is 45% on any additional money. So if I work overtime I only get 55% of it.
I also work alot of overtime to make what I'm making, but when you look at what you make for the year, and what you paid in total taxes for the year, what is the percent? not what you were taxed in for overtime, can I persum that people that make 4 million pay 2 million in taxes? and those that make 10 million pay around 6 million in taxes, since the more you make, the higher the percentage. Does Bill Gates pay around 95 percent in taxes?
msmith1199 wrote: So you're one of the "rich" too? I sure wish I was really as rich as the government seems to think I am. Maybe if I live in Arkansas I'd be well off, but here in California I'm just middle class.
Americans consider themselves Middle Class, earning up to $200,000 per year income. No matter where you live.
Leasing vehicles, and heavily leveraging to finance one's lifestyle, isn't part of the equation.
I have a sweet tender nature, however I enjoy sharing my thoughts and opinions.
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