0eda15e8a4a685a0722949782c90e863

What was your effective tax rate this year?

AMi @ almost 2 years ago

Comments (66)

0eda15e8a4a685a0722949782c90e863

Mine was 19%

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Joint return. Effective rate, 10.45%.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

This is never a popular post. Could be most people never calculate their effective rate.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

So much math!

AMi @ almost 2 years ago

Villa Park, IL, USA

7feb020fb3d3aa6cf2752031cf61da89

combined? fed? state? local? fuel? sales? property? .

H2O @ almost 2 years ago

Spotsylvania, VA 22553, USA

7feb020fb3d3aa6cf2752031cf61da89

my guess most people spend between 35%-45% on taxes .

H2O @ almost 2 years ago

Spotsylvania, VA 22553, USA

0eda15e8a4a685a0722949782c90e863

Effective rate on your federal return

AMi @ almost 2 years ago

Villa Park, IL, USA

7feb020fb3d3aa6cf2752031cf61da89

so your going to ignore the rest and raise taxes ? . 21% ish

H2O @ almost 2 years ago

Spotsylvania, VA 22553, USA

0eda15e8a4a685a0722949782c90e863

Factor in social security and medicare

AMi @ almost 2 years ago

Villa Park, IL, USA

0eda15e8a4a685a0722949782c90e863

Those account for about 8%

AMi @ almost 2 years ago

Villa Park, IL, USA

0eda15e8a4a685a0722949782c90e863

It would bring everyone to what the middle class is paying now on average http://taxfoundation.org/blog/high-income-households-paid-effective-tax-rate-16-times-higher-low-income-households-2010

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

AMI,,, I'm not against considering a change in the tax structure. But I don't believe there is such a thing as a workable fair income tax. Unless you somehow structure a workable fair income structure. And that starts to resemble socialism.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

When you consider who pays the most in taxes, you would see the affluent paying the greatest share under any system. That's just math.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

I believe that the flat tax on SS and medicare are a good case study. By merely capping the top income level of those taxes, the total tax load shifts dramatically toward the poor and middle class.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

Fair tax is a national sales tax. I'm proposing a flat tax coupled with an income increase for what is currently the lowest bracket. Plus instead of deductions/credits monthly child subsidies would be disbursed.

AMi @ almost 2 years ago

Villa Park, IL, USA

0eda15e8a4a685a0722949782c90e863

You have to eliminate loopholes, broaden the tax base, and invest in our infrastructure.

AMi @ almost 2 years ago

Villa Park, IL, USA

0eda15e8a4a685a0722949782c90e863

I'm not implementing any caps on income level

AMi @ almost 2 years ago

Villa Park, IL, USA

0eda15e8a4a685a0722949782c90e863

And social security and medicare are both programs that deserve a good amount of scrutiny regarding their management

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Personally, i feel that our tax system is equitable as it is. I pay the same tax as a minimum wage tax payer on the wage he earns. But i certainly wouldn't give up my lifestyle to enjoy that bracket.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

Our current tax system is a disaster jc

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

My goal was to reach the top bracket once in my life. I came close in 08. It turns out that it wasn't all that much fun.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

It is overtly complex and hurts the middle majority more than anyone else. Additionally it simply does not provide enough revenue. Fourthly the IRS is a bloated and overtly powerful organization.

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

OK. I won't argue that. But the tax collector has a long tradition of being less than loved. Just remember, the IRS doesn't make the laws. And as long as the politicians have the power to change laws, there is the potential to fruck up any system.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

Agreed but they do choose how to enforce tax law.

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Changing the system won't cure stupid. Nor would it end any number of abuses. Including the tax exempt status of pacs etc.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

It would reduce abuse and that's a start

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

I have a registered pac. I make it available to any issue oriented political group in the area. Because of that open ended use, it is not tax exempt. We pay 30% tax on all contributions. Seems fair.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Ohio law requires that any group that even puts up yard signs must be a registered pac. Isn't that special?

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

That's funny

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

What's funny is that once i had two opposing groups use my pac to promote/oppose a school levy. All of the yard signs had the same small print disclaimer on them.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

I need to meet you in person someday for sure

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

We'll go fishing. Catch lunch. Hell, I'll even let you ride on my tractor. Preferrably in large circles with the mower engaged.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

lol, I'll gladly do so for $50 an acre!

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

What happened to $15 an hour? Damn! I've got to go. I have a mayor and city manager coming for lunch. I have to go mix the toxins. I'll explain later.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

I'm worth at least $50 an hour, by all accounts I'm giving you a great deal :-)

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Well, that was fun. I got to tell a city manager that she was an idiot. And i think that scored points with the mayor. This is all about a zoning battle over 400 acres of land that Cemex wants to turn into a limestone quarry. We beat them twice at

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

the township level. They tried to buy an election. After losing that effort, they annexed into an adjoining city. Now the battle begins again. It's become a hobby for me. My goal is to make this the most expensive limestone they've ever processed.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

What is the land being used for now?

AMi @ almost 2 years ago

Villa Park, IL, USA

0eda15e8a4a685a0722949782c90e863

Is it where you hunt humans for sport?

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

The land is partly farmed. Partly forest. The previous owner, another cement manufacturer, bought the land as a buffer between their quarry and the homes being built.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Cemex bought out the other company. Then decided to expand their quarry. This battle has been going on for about ten years.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

What's your opposition to it?

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

The land is across the street from my house. The company is holding 4000 acres of land. They really don't need these parcels. It's a fuel/time issue. This land is close to their processing plant.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

It's an inefficient plant at best. They just want to squeeze a little more profit before walking away, leaving the land to be reclaimed at taxpayer expense.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

NIMBY

AMi @ almost 2 years ago

Villa Park, IL, USA

0eda15e8a4a685a0722949782c90e863

I'd stand with you jc

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Thanks. But i already have a small army that do my bidding. And yes we are NIMBY personified. This company deserves any abuse we can heap upon them. It's a Mexican company that has perfected the abuse of taxpayers across the country.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

Well, I don't know. ...now that you say they're Mexican everything could become racist

AMi @ almost 2 years ago

Villa Park, IL, USA

0eda15e8a4a685a0722949782c90e863

are they at least white Hispanic like Zimmerman? (who got shot today. ..he'll be dead soon)

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Technically, I'm doing battle with one of their American subsidiaries. So we're good.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

Phew!

AMi @ almost 2 years ago

Villa Park, IL, USA

5f13389fd6ea4b6de49bacec84ed7d8f

Since we seem to have this thread all to ourselves, I'll tell you a story. Cemex had another plant in Fairborn OH. It was falling apart. They built a new plant outside the city and promised to destroy the old one and reclaim the land around the plant

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

None of that happened for eight years. Then came 9/11. At that point, some enterprising lobbyist envisioned a first responders training facility that would be just the ticket for that facility. Armed with antiterrorist rhetoric he got the state to

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

allocate several million dollars to convert the defunct cement kiln into an urban catastrophy. It was actually dubbed Calamityville.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

While the homeland security checkbook was open, first responders got grants to come there to learn how to establish an IV while wading waiste deep in stagnate water.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

I like how you merged waist with waste

AMi @ almost 2 years ago

Villa Park, IL, USA

B35527b232c45def78db4f6949419182

That sounds like necrotizing fasciitis waiting to happen.

Tjaden Froyda @ almost 2 years ago

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Then the funds dried up. Ownership was transfered from the city to the medical dept of a local state university. It sits nearly empty now. Still staffed. Still open for business. Still on the taxpayers dime.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

B35527b232c45def78db4f6949419182

by the way, that's an awesome google image search. Do it. You know you want to.

Tjaden Froyda @ almost 2 years ago

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5f13389fd6ea4b6de49bacec84ed7d8f

That's just one of the many ploys they have used over the years to avoid what they are bound by law to accomplish. And every one sends the bill to the taxpayer.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

B35527b232c45def78db4f6949419182

@AMI - 11% joint, but I could field a basketball team.

Tjaden Froyda @ almost 2 years ago

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5f13389fd6ea4b6de49bacec84ed7d8f

It's a great google earth view as well. Skal,, they do the IVs on rubber dummies. I don't know effective that training is.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

This is them under their new name. They kept doing google searches until they found an unused, important sounding name. That story came from the facility manager.

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

5f13389fd6ea4b6de49bacec84ed7d8f

https://www.wright.edu/national-center-for-medical-readiness

jc @ almost 2 years ago

Yellow Springs, OH 45387, USA

0eda15e8a4a685a0722949782c90e863

It looks like an incredible place for paintball

AMi @ almost 2 years ago

Villa Park, IL, USA

B35527b232c45def78db4f6949419182

^^^ Yes!

Tjaden Froyda @ almost 2 years ago

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