@ncscswitch:
Well, it is January, and that means it is time to receive all of my various tax forms (W-2, 1099, substitute 1099, etc.) in preparation for filling out the dreaded IRS Form 1040.
And, while I am still waiting for the final W-2’s, I have been able to use final 2005 pay stubs to take a preliminary look at where we stand this year.
Out of $20,407.13 paid, we will receive a refund of about $50.00
Forget “soak the rich”, this is "immolate the Middle Class!"Â
I am paying more in taxes than is required to get a family of 4 out of poverty. Who will keep US out of poverty when we go broke paying taxes???
I could not agree with you more, and you pay a lot more in taxes as I do.
I am used to getting about 1/2 of my taxes back, and that is all fine and good. NS, you make more, they take more, nothing wrong with that. But it has gotten to the crazy point. My GF who made 25k before I came to live with her (has 3 kids - 1 handicaped), got back 2.5k MORE in tax return last year than what she paid in! WTF is that? I don’t judge her, if they are giving it away… you should take it. But isn’t that wealth redistribution?
I have 2 uncles who came from crap. They grew up in the inner city of chicago and did not have the happiest of upbringings. That being said each makes over 100k a year now, and they are being punished with these taxes, why? For doing well for themselves? That’s a great message for people trying to do better! Work hard, so that we can tax you more. My one uncle worked 14 hour shifts for over 5 years to get where he is now. Because he did now he has to get raped at tax time?
The American dream is a great thing, work hard and you get rewarded. It is turning into “work hard, and support others who don’t”.
I bust my ass at work so that I can have a better life later on. I am willing to put my time in as far as that is concerned. I have a huge problem that when I make the amount of $ that I want to make, it will be taken by uncle Sam for those who don’t put forth the effort I do.
I work with a guy who is 22 years old who has his shiit together. He enlisted when he was 18, spent last year in Iraq (he made 42k doing that, very not bad for a guy his age). He got back from Iraq and now is going to college, getting As. The way the military works is that they want to see proof that you are enrolled, and passing, and they give you $ to cover that in the form of a check given to them. The kicker is, is that the guy was a straight A student in highshool and has an academic scholarship! So the $ from the government he gets to keep.
He gets $2400 a month from the government, works a full time job, and goes to school. I am sure he will do well in whatever it is he decides to do, but the kicker is after all this hard work what does that get him? Insane taxes because he is “privlaged”? BS! He came from a family on food stamps, and he busted his @$$ to improve himself.
I learned this lesson the hard way. I did not go to college right after HS. I worked, saved $, and had my first year paid for when I went. Once getting there I roomed with a 25 year old guy who never had a job in his life and got a free ticket with grants (he flunked out after the 2nd semester because of grades). The difference between me and him? I did not claim myself on my taxes. I talked to my parents and told them to get the easy $ I need to be able to claim myself.
What a fool I was to bust my ass for a year to save when the government does not reward people who actualy try.
Last thing NSC, you like Lieberman, but he is gung ho on the crazy tax on the rich. He thinks that 70% is a good number as far as taxes go for anyone making over 1 mil a year. You may not make that much, but I bet he wants to rape you at tax time as well.