...before you become very disgruntled. I think the current maximum rate is 35 or 36%.
What percentage of your income are you willing to pay in income tax
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What percentage of your income are you willing to pay in income tax
When you're running down my country hoss...you're walking on the fighting side of me!
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Hell Ill pay 40% if they just enforce the laws on the dam books!
Cut the illegal immigrants off already... make them get in line like everyone else and stop letting people game the system...
Its one thing to offer social programs but fuck take care of our LEGAL citizens first before any free education, health care etc are given out to illegals who just show up.100% Exclusive Program Babe-Bucks.com = HotModelClub.com | NextDoor-Models.com
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The question's too vague. The answer would depend on how much a person makes and what the taxes are used for. How much is living in a safe stable country with solid reliable infrastructure among a secure happy society worth? I'd have no problem paying a high percent if I got to direct how it was spent.
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Actually it is too vague. One can live more than comfortably off of $250,000 net...so what percentage would you become very disgruntled with that would not leave you a net of at least $250,000...ie 50% of $500,000 would leave a net of $250,000.The question's too vague. The answer would depend on how much a person makes and what the taxes are used for. How much is living in a safe stable country with solid reliable infrastructure among a secure happy society worth? I'd have no problem paying a high percent if I got to direct how it was spent.When you're running down my country hoss...you're walking on the fighting side of me!
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The problem is that income tax only touches the surface of it. You still have state income tax (if your state has that) sales tax (again if you have it) property tax, a lot things like booze, cigarettes, gas and other products are taxed, local city tax, library and public transport taxes and luxury taxes. I'm sure I'm missing some too.
As for how much I am willing to pay....I guess it depends. If the government guaranteed me that I would have high quality healthcare, a good retirement and they would have a government that worked well and actually listened to the people I would be willing to pay more. Since that is not going to happen I would say I would rather pay as little as possible.Comment
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I think Americans are aware that there are a multitude of taxes other than income tax but the question I posed is about income tax...and you are correct about the things you used as qualifiers...it is not going to happen.The problem is that income tax only touches the surface of it. You still have state income tax (if your state has that) sales tax (again if you have it) property tax, a lot things like booze, cigarettes, gas and other products are taxed, local city tax, library and public transport taxes and luxury taxes. I'm sure I'm missing some too.
As for how much I am willing to pay....I guess it depends. If the government guaranteed me that I would have high quality healthcare, a good retirement and they would have a government that worked well and actually listened to the people I would be willing to pay more. Since that is not going to happen I would say I would rather pay as little as possible.When you're running down my country hoss...you're walking on the fighting side of me!
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Well 60% out of a million dollars leaves one with $400,000 dollars which is far more than "some basic job"...now isn't it? When JFK became President it was %92 taken in taxes out of every million dollars.When you're running down my country hoss...you're walking on the fighting side of me!
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I guess it depends. If the government guaranteed me that I would have high quality healthcare, a good retirement and they would have a government that worked well and actually listened to the people I would be willing to pay more. Since that is not going to happen I would say I would rather pay as little as possible.
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The problem is we are getting ripped off at every level. Taxes are supposed to pay for services for the public at large.
Under the socialists, its all about redistribution of wealth and stealing from the taxpayers. Fuck that!!Comment
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Wut? I couldn't read what you posted because the retardedness was blocking my view.Comment
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When the income tax was added in the United States it was only 1% for the average person and 7% for the super rich. The government promised the people that the income tax would never be more than 10% because they said if it became "10%" there would be riots in the streets.
So much for 10%......
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Dude, if you are serious, you need to find another account to take care of you. No fucking way in hell should ANYONE be paying 60% of their income to those crooks.
For every $100 you earn, YOU EARN, you pay them $60 of it. That is madness and flat out robbery.Comment
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I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
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Income tax in Canada was illegal up until recently.
Google 'Gerry Hart'
http://www.prolognet.qc.ca/clyde/tax.htmComment
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You don't work for the IRS do you? ;-)
I do keep a couple of accounts here but that's not where my moola is.
Hong Kong, Cyprus & soon... Lichtenstein. Bank in USD, AUD, JPY, EUR and GBP. Guess you could add THB to that as well. I'm also trying getting set up with CNY (Chinese Yuan). Working on that now.Comment
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I live in Florida and pay zero personal income tax. My federal tax bracket is 28%. I'd love to get that down some but my overhead cost of being a full time affiliate is small. I have to force myself to spend money every month.
I'd like to see smaller brackets on short term gains. Kind of like what they did with long term gains.Comment
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The thing it seems a lot of people don't understand is that taxes in general are a redistribution of wealth. It doesn't matter who is in office. If there is an income tax, it is a redistribution of wealth.
Here is how it works.
The top 5% of earners in this country pay 75% of the taxes. That means for every project paid for by tax dollars 75 cents of each of those dollars comes from the top 5%. So when the roads get paved/fixed/improved 75% of the cost is covered by the rich. When a person sends their kid to public school 75% of the cost of their education is covered by the rich. The police, fire and rescue services get 75% of their money from the rich. The rich pay in these taxes and the taxes are then used to provide goods and services to everyone and many of those goods and services are things that the average family wouldn't be able to afford on their own. That is a redistribution of wealth, it is just coming in the form of goods and services not cash.Comment
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My income tax averages about 23-24% of gross (before biz deductions) every year. I also pay 5% federal goods & services tax on almost everything I buy, plus 7% provincial sales tax on even more things. Now next year that's being "harmonized" which will add the PST to even more items that were previously exempt. Oh, and the gas at the pump is taxed PST and GST plus a 6c per litre transit tax for the transit system.
But in return I get a few perks like health care, so it balances out. I don't mind what I pay, really.email: [email protected]Comment
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Don't get me started...
Hey everyone: Why not move your business to Quebec! Here's what we have to offer you :
- The highest income taxes of everywhere, starting at 41%
- 2 Taxes on consumer goods: GST is 5 cents per dollar. PST (Quebec) is 8 cents per dollar.
- Tax on Tax. Item cost = cost + (GST+PST)+PST.
- When Canada Lowered the GST Tax by 1 cent, Quebec RAISED its tax by 1 cent. Net gain: 0.
- Today Gas is $1.05 per Litre or $3.84 per gallon. You pay GST + PST + an extra 15.2 cents surtax on gas, or a total of 28.2% tax to fill your tank.
- Don't buy a "company car". Your company saves the tax but it is a taxable bennifit to you, and surprise! You pay MORE tax than you should.
- Business Tax in Montreal is up 333% in the last 3 years. The burden to collect the new higher tax has also been passed from the city, to building owners who rent to businesses. (Charge more, do less).
- Parking meters cost 25 Cents for 2 MINUTES in Tourist areas such as Old Montreal. 39% is tax. $0.04875 per minute is paid to the gov' just to park your car.
- Own a business? Ha. You pay your taxes for Next year, THIS year. (Yep! You pay your taxes 1 full year in advance). Miss a payment this year for next year's taxes? Surprise! You pay Penalties + Interest, for being "late", on your taxes for "next" year earnings.
Oh, and one more thing. I walked into a Subway for lunch the other day, and neither of the girls at the counter would speak to me in English.Last edited by 2MuchMark; 08-02-2009, 05:22 PM.Comment
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It is the law and, thank you, I know enough about accounting. No accountant can change the way it is, only politicians. We have a progressive personal income tax starting at about 50% and max is about 60%. Additionally there is 8% "employment" tax before calculating net income tax, so it is might be a little higher than 60%. Also, most products and services have 25% VAT
However, many things are deductable, for both companies and private, and we do not have to worry much about paying for things like medical care and education.
I agree that a lot of it is robbery. We need efficiency to lower the costs and more pay per service, to avoid speculations in working. But even with a right wing government in this millenia, not much has changed really. They implemented more privatization of the "softer" public sector, stricter administration and re-structured the system, but the costs of this exceeds the savings
And we waste money on things like war and non-existant terrorism.
I guess in the end, you can say we are caught in old socialist system and we can't get out of it. President Obama has used us as "great" example for implementing taxes on issues like medical care and environment, but much of it is based on lies or manipulated statistics from our politicians. Not that the problems are really there, but they lie about solving these problems... We are caught in the system, but no one can't admit that is a problem, regardless of political color. To answer the OPs question, I'd say we could have the same welfare with 30-35% taxes if the citizens have the will and to "let it go" what they are used to.Comment
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My answer would be a flat zero, but to be fair, a flat tax of 20% for everybody is no problem. We pay to much now for nothing, although we now have up to 44% of people now who don't pay any taxes.
Yes they pay sales tax and the like, they just don't pay any income taxes. This keeps them dependent upon the government. They become a natural voting block, who only care
about what the government is going to give them.Comment
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20% is okay... and I think it should be a flat rate for everyone.
Being a fairly high earner I pay 40%
Since I am about to leave my company and will own a limited company again I feel that a management fee going to my parent company in some offshore tax-haven will be in order
I don't endorse a god damn thing......
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10% flat tax rate for everyone. That would be ok.80% Revshare or 30$ PPS on $1 trials: 200 Niches = Vidz.com Galleries / FLVs / Embeds
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