Make America "GREAT"? We couldn't even hit "average"
POSTED BY: Wishimay
UPDATED: Saturday, March 15, 2025 23:45
VIEWED: 8800
PAGE 5 of 7
AMT doesn't hit people with real money that have large stock portfolios.
AMT, like the minimum wage, did not increase with inflation.
AMT was designed to slowly be another large tax on the middle class that file 1040s as inflation rose.
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Quote:
Originally posted by JEWELSTAITEFAN:Quote:
Originally posted by reaverfan:
I thought America had had enough of idiot man-child presidents after Bush. I was wrong.
No kidding. They even re-elected the idiot in 2012!
I have to confess I had this thought and then didn't post it because why walk into that bear trap. But now that you have, I'll second it. Quote:
Originally posted by 6STRINGJOKER:
AMT was designed to slowly be another large tax on the middle class that file 1040s as inflation rose.
Very well said. This is the problem exactly. As inflation increases out of control, wages evaporate, and the nominal income has to eventually go up, and slide into the max tax bracket. That max bracket is around 100k, crawling towards 125. Wages of course have not kept pace with inflation.
Like most people, I make the same i always did, as do most people. So, in order to kick myself out of $20/hr and move into $50/hr i'd have to take a job with a much more stringent set of requirements. This would mean perhaps more school, a student load, possibly relocating and a mortgage, and definitely a commitment of at least 70-80 hours of work, of which only 40 would be actually clocked. This would put me in a position to pay max tax, including AMT, at around 7%, and FICA c. 15% and then pay 12% or so to obamacare, which is a tax, and anything I had with my job which was required, union dues, or 401k, which would be almost a given, 4% to some company that would then pocket it, before worrying about state and federal income tax, at 10% and 39% respectively. So before deductions, my nominal tax rate would be 87%. Sure, I could get some of that back, but I'd also lose a lot more to the costs related to the situation.
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Quote:THEN ALL OF YOU PRO-WAR PEOPLE SHOULD BE HAPPY, RIGHT?
We will be at war with a half dozen countries with Twitler at the helm.
Isn't that what you want?
More American "leadership"?
America, being "strong" for its allies?
America, "the indispensable nation"?
America, standing up for "freedom" around the world?
Or ... do you NOT want that?
And if not that, what DO you want?
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"Pity would be no more,
If we did not MAKE men poor"- William Blake
THUGR IS A DEEP-STATE TROLL
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Free Hat!
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Sorry, my sarcasm detector was off.
Did the pro war contingent really suggest a world war, or was that a joke?
I'm assuming it is, but maybe you should look to the overall pattern of thought here to understand why it was a stopper. Nothing personal G, just the overall slide of left leaning arguments here and everywhere are decidedly sliding in the direction Sig is indicating.
Meanwhile, Free Tibet with every purchase.
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Quote:
We will be at war with a half dozen countries with Twitler at the helm.- WISHY
THEN ALL OF YOU PRO-WAR PEOPLE SHOULD BE HAPPY, RIGHT?
Isn't that what you want?
More American "leadership"?
America, being "strong" for its allies?
America, "the indispensable nation"?
America, standing up for "freedom" around the world?
Or ... do you NOT want that?
And if not that, what DO you want? - SIGNY
YES!
Free Crimea!
Free Ukraine!
Free Syria!
Free Africa!- G
Free North Korea!
Free Saudi Arabia!
Free Iran!
Hey, I LIKE this game!
-----------
"Pity would be no more,
If we did not MAKE men poor"- William Blake
THUGR IS A DEEP-STATE TROLL
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Quote:
Originally posted by SIGNYM:Quote:
We will be at war with a half dozen countries with Twitler at the helm.- WISHY
THEN ALL OF YOU PRO-WAR PEOPLE SHOULD BE HAPPY, RIGHT?
Isn't that what you want?
More American "leadership"?
America, being "strong" for its allies?
America, "the indispensable nation"?
America, standing up for "freedom" around the world?
Or ... do you NOT want that?
And if not that, what DO you want? - SIGNY
YES!
Free Crimea!
Free Ukraine!
Free Syria!
Free Africa!- G
Free North Korea!
Free Saudi Arabia!
Free Iran!
Hey, I LIKE this game!
-----------
"Pity would be no more,
If we did not MAKE men poor"- William Blake
THUGR IS A DEEP-STATE TROLL
Free America!
Free Israel!
Free Canada!
Free Australia!
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http://reason.com/blog/2017/12/05/judge-halts-indiana-towns-cruel-atte
mpt#comment
Welcome to Indiana, land of the bland and home of the fucked...
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Wow... those must be the stupidest city officials ever. The residents didn't have Patrick Swazye from Roadhouse to step in and fight for them, but the city forgot that in 2017 the internet is a thing. I'm willing to bet they'd all be out on their asses and nobody would have ever heard about this 30 years ago. If they had tried to fight it they would have probably got a corrupt lawyer in the pockets of the developer who was working with the judge against the town.... that or the lawyer would have just had an "accident".
It sounds like they just got un-fucked now though.
If I were them, I'd take this further and sue the shit out of the city and the developer. Maybe at the end of all of this the residents of Pleasant Ridge will have their homes paid for in full.
Do Right, Be Right. :)
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Your list Wish is very factual. I do remember a different America growing up, although I caught some of that "snarky" sentiment about the "greatness" as a child, but I still believed I was 100% red-blooded American made, through and through.
My president was JFK. I watched as my teacher openly cried at the news of his demise. We were taught that the president was the "father" of the country. So, as a kid being raised by a brave single mother, that was quite a blow. I knew my biological father, but this was different. I deeply felt the sorrow of the nation at the time, we lost our leader. Looking back it seems like a whole different planet, a dream I had, smoke, vapor....a whole different vibe.
When I say that your list is factual, it's not a slight in any way. It's just that I remember an America that would take this situation we're in now
(hell, the real America would have sent this clown packing. Imagine waking up one fine morning and finding Hitler in charge of the country. What would all those WWII vets say to this charlatan) and roll up "our" sleeves and go to work. I miss THAT America. The spirit of the country was totally different than the one we have now. We've been beaten into submission.
Sure, we're fat, depressed, overmedicated, divorced, stupid, dumb, numb and greedy...but that's nothing compared to banding together to oust a tyrant. We did it some 200-some odd years ago, and then again in the 40s, and in worse conditions. I say, fuck that, we need to remember how we got here. I still feel we have the wherewithall to "roll up our sleeves" and get to work.
How embarrasing that we have a racist, incoherent, uneducated, piece of shit, sleeze of a slob "leading" the country. We're better than this, and I don't mean the arrogant, snobby, ugly American.....I'm talking about the real
people of this beautiful country. The ones that when they see you down, don't step on you as they walk by. They extend a hand.
SGG
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