primitives whine about taxes

[franksolich]

https://www.democraticunderground.com/100210441781

Oh my.

Too bad for the primitives.

GreenPartyVoter (67,653 posts)          Mon Apr 2, 2018, 12:13 PM

Who else got their backsides kicked this tax season?

So far we owe the gov't taxes, a payback on health insurance marketplace premiums, elder son owes income tax on his scholarships, and we no longer have any minor dependents so we're feeling that as well.

I thought that life was supposed to get easier financially at mid-life, but I'm still scrambling as much as I was out of college. Getting a second job won't help because it'll screw up the health stuff and ding us even harder on taxes.

Just gotta tighten up the belt yet again and pray no one gets sick and nothing breaks. Ever!

I hope it's going better for other folks on here.

The GreenPartyVoter's an old timer on Skins's island; a hefty drab Mother Hubbard apron-wearing older middle-aged woman who uses oilcloth on her table in the kitchen; the somewhat slatternly type.  She puddles around the house in floppy loose slippers, and with curlers in her hair. 

But what's worse about her was that about ten years ago--Gawd, I'm getting long in the tooth when it comes to have watching the primitives--a home health care aide went to take care of her elderly father while high on dope, and she thought it was funny.

<<<haven't been impressed with this primitive since then.

quartz007 (577 posts)      Mon Apr 2, 2018, 12:16 PM

1. Adopt some orphaned kids

You will get deductions on taxes, And you will get more checks from social security for them.

GreenPartyVoter (67,653 posts)      Mon Apr 2, 2018, 12:20 PM

3. If I adopted kids, it would never be for financial aid. I guess I am

just reeling because so many things changed on our taxes at once. I am mostly irritated that I have to pay back on premiums for craptastic health insurance we can't use, and that the scholarships are counted as income. It seems like college kids could use a break financially, especially given how much it costs to go to school these days.

quartz007 (577 posts)      Mon Apr 2, 2018, 12:24 PM

8. I feel your pain

2017 was the last year I supported a kid in college and was able to deduct her tution & she was my dependent. Now she is has a full time job, so no longer a deduction for me.

My other kid makes $78,000, and just paid $11,000 federal income tax and $4600 CA state tax. Plus her 1 bed room apartment in silicon valley costs $2500/month.

GreenPartyVoter (67,653 posts)      Mon Apr 2, 2018, 12:27 PM

9. It is just crazy. We all work so hard, and yet we're constantly

stressed out from living on the edge of financial ruin. And the darned Trump voters, who are feeling the same pain, couldn't see that that they were voting to make things worse for themselves.

There's more; it's an entertaining thread, what with the primitives dealing with all sorts of financial woes.

Unhappy primitives means a happy America.

[Bad Dog]

quartz007 (577 posts) , risky moleing.

[FlaGator]

Did you notice that they never mentioned Obama when discussing their tax burden? 2017 is the last year taxes are filed under the tax code created by the Obama Administration and it is certainly playing out to be a painful year.

[freedumb2003b]

quartz007 (577 posts)      Mon Apr 2, 2018, 12:16 PM

1. Adopt some orphaned kids

You will get deductions on taxes, And you will get more checks from social security for them.

Or do it the OG way and just HAVE kids for more welfare.  Bigger check and same warehousing options as adoptees.

[BlueStateSaint]

Bitch, bitch, bitch . . . Moan, moan, moan . . .

It's all they do.  One would think that they're actually good at, having refined their technique, but noooooo.

[SVPete]

Did you notice that they never mentioned Obama when discussing their tax burden? 2017 is the last year taxes are filed under the tax code created by the Obama Administration and it is certainly playing out to be a painful year.

OhBummer!Care also affected "GreenPartyVoter". As for, "we no longer have any minor dependents," did "GreenPartyVoter" forget his kids had birthdays?

[franksolich]

DrunkInTheAfternoon (12 posts)      Mon Apr 2, 2018, 04:12 PM

54. "elder son owes income tax on his scholarships"

Uh.... That's not new. My daughter got hit with that all through college.

[franksolich]

DFW (27,783 posts)      Mon Apr 2, 2018, 02:27 PM

36. I'm already over 50%, so same ole same ole for me, plus one biggie I will only have once

My employer is in the USA but my legal residence is in Germany, so I not only get hit with the (de facto) 50% in German taxes, there is a (now 6 year old) dispute going on with the German government over part of my income that is taxed at the source in the USA. The double taxation treaty says a US citizen taxed on U.S. income in the USA cannot be taxed again on that income in Germany. As I pay full boat in the States, that plus the additional 50% the Germans want on the gross leaves about 10% for me.

The Germans are good at ignoring the double taxation treaty when they find it convenient to do so. In addition, I sold something I inherited in 2002, and while the Germans don't tax gains on inherited objects beyond the normal inheritance tax (I paid that in the USA) if they are held a year or more, the USA takes 28% plus 3.8%, so I have to pay 31.8% on the gain when payment is made or June 15, whichever comes first. I am overseas, so I can ask for a delay if payment comes later.

For all the taxes I pay over here, I get no pension credit and no health insurance whatsoever. I get to pay them, end of story. The USA is one of three countries in the world that does not recognize residence-based taxation. The other two are Eritrea and another country in (I have been told) in Africa, but I forget which. I did seek a quote for health insurance when I moved here. I was quoted €2500 a month, or $36,000 a year, in premiums. I keep my Blue Cross from my employer in the States, even though they deny everything incurred over here (Blue Cross could be the "Great Benefit" out of John Grisham's novel, "The Rainmaker" ).

Well Marc, that's the breaks.

[franksolich]

I knew it, I knew it, I knew it.

Vinca (37,019 posts)      Mon Apr 2, 2018, 02:44 PM

39. Besides owing taxes, we got a super duper IRS surprise.

A couple of weeks ago we got a notice telling us we owed $9,000+ on our 2016 taxes for under reporting income. They based it on a 1099 form they said was for $46,500. The actual form says $4,650. Big difference. I rushed off a letter with a copy of said form and still haven't heard anything. The icing on the cake is our quarterly taxes are going UP for 2018. Thanks, Don.

The vindictive primitive, a nasty older middle-aged woman in Vermont, has been raking in the bucks for years, decades, re-selling stuff she finds at garage sales, rummage sales, yard sales, auctions.  She expects to pay Dollar General prices for Nieman-Marcus goods, and expects to get Nieman-Marcus prices for Dollar General goods she re-sells.  "You've got to be sharp; you've got to cheat the other guy before he cheats you."

I'm not saying she's cheated on reporting her income for tax purposes, but that's, I guess, a possibility. 

[Old n Grumpy]

quartz007 (577 posts)
21. I bet you got very little benefit from property tax

True, but the illegals, welfare recipients and politicians are smiling!

My other kid makes $78,000, and just paid $11,000 federal income tax and $4600 CA state tax. Plus her 1 bed room apartment in silicon valley costs $2500/month.

So they basically they get a little over $15.00 an hour.   

And you want more democrats in office?

sarcasmo (16,955 posts)
37. One thousand two hundred and sixty five. 1,265 hate writing that check.

mainer (10,173 posts)
38. me. Taxes up by thousands of dollars now.

because I lost state and property tax deductions. The blue state penalty.

Paying your fair share sucks, don't it!!

[Carl]

So far we owe the gov't taxes, a payback on health insurance marketplace premiums,

So you lied about your income to get more welfare subsidies.

[YupItsMe]

True, but the illegals, welfare recipients and politicians are smiling!

So they basically they get a little over $15.00 an hour.   

And you want more democrats in office?

Paying your fair share sucks, don't it!!

$78,000 - 11,000 - 4600 =  $62,400 divide 2080 hrs (40 x 52) = about $30.00 hr.   And $11,000 fed tax on $78,000 income is only about a 14% tax rate.  What's killing her is the cost of living. 

[franksolich]

Well, this just came out of the blue.  I dunno why.

MichMan (1,387 posts)      Mon Apr 2, 2018, 07:55 PM

71. Amazing how so many support higher taxes as long as someone esle is paying them

[docstew]

Or do it the OG way and just HAVE kids for more welfare.  Bigger check and same warehousing options as adoptees.

Actually, since I've been going through the process of fostering and adopting, I've discovered that the state sets a much higher bar for fosters than for bio kids.

[DumbAss Tanker]

mainer (10,173 posts)
38. me. Taxes up by thousands of dollars now.

because I lost state and property tax deductions. The blue state penalty.mainer (10,173 posts)
38. me. Taxes up by thousands of dollars now.

because I lost state and property tax deductions. The blue state penalty.

That's next year, you moron.  Your 2017 return, which you apparently haven't actually done yet, is under the same rules as your 2016 return.  And the loss of those deductions will be offset or better for most by a much higher standard deduction.

[SVPete]

That's next year, you moron.  Your 2017 return, which you apparently haven't actually done yet, is under the same rules as your 2016 return.  And the loss of those deductions will be offset or better for most by a much higher standard deduction.

DUmmies lie all the time, and all the time DUmmies lie.

I would not be surprised, though, is some DU-member calls out this brazen lie. It's so obvious that not calling it out would reflect ill on all DU members' honesty and intelligence.

[BlueStateSaint]

That's next year, you moron.  Your 2017 return, which you apparently haven't actually done yet, is under the same rules as your 2016 return.  And the loss of those deductions will be offset or better for most by a much higher standard deduction.

DAT, he wants to be the first to bitch, moan, and complain about it.

[freedumb2003b]

For all the taxes I pay over here, I get no pension credit and no health insurance whatsoever. I get to pay them, end of story. The USA is one of three countries in the world that does not recognize residence-based taxation. The other two are Eritrea and another country in (I have been told) in Africa, but I forget which. I did seek a quote for health insurance when I moved here. I was quoted €2500 a month, or $36,000 a year, in premiums. I keep my Blue Cross from my employer in the States, even though they deny everything incurred over here (Blue Cross could be the "Great Benefit" out of John Grisham's novel, "The Rainmaker" ).

Wait.  Wait.  WAIT!!!!

I thought the EU blend of capitalism/socialism and associated tax policy was THE model to follow!!!  Free Health Care for everyone!!!  No lines!  Better quality than the US!  Free housing!!! 

How can it BE that ANYONE could be unhappy with the government taking your money and property for the public good???  You, my DUmmie friend are in PARADISE!!!  I know it b/c EVERYONE at DU says so!!!

[freedumb2003b]

29. The Calif state tax doesn't seem right.

I made $75,000 married with no dependents and paid $1300. My single friend makes the same and paid $1750. I would check into an over payment if i were them.

What an idiot.  As in "I have checks so I must have money" stupid.  As in NO WAY does someone this stupid make $75K.

Assuming an AGI of $60K, the tax would be between $3K and $4K ($52K tax bracket in CA is 8% but you have to stair step it down).  $11K is indeed too high but $1,300 is too low.

The fact is the DUmmy accidentally tells the truth in that $1,300 means the AGI was about $22K.  Or what on skin's island is upper middle class.

[DumbAss Tanker]

quartz007 (577 posts)      Mon Apr 2, 2018, 12:24 PM

8. I feel your pain
...My other kid makes $78,000, and just paid $11,000 federal income tax and $4600 CA state tax. Plus her 1 bed room apartment in silicon valley costs $2500/month.

So, that's about $30K a year after taxes and rent, ex transportation, food, cell, 'Lifestyle,' and premium entertainment beyond basic internet/cable.  If rent doesn't include ALL utilities, she'd be better off waiting tables in flyover country.

[Old n Grumpy]

So, that's about $30K a year after taxes and rent, ex transportation, food, cell, 'Lifestyle,' and premium entertainment beyond basic internet/cable.  If rent doesn't include ALL utilities, she'd be better off waiting tables in flyover country.

Exactly, my point is if you make good $$ but the taxes and cost of living leave you broke what is the point? $2500.00 for a 1 bedroom apartment is a lot of $$. You can rent a house here for that or a condo overlooking the water.

[BattleHymn]

As I pay full boat in the States, that plus the additional 50% the Germans want on the gross leaves about 10% for me.

Good.  You support the party of higher taxes, so your misery is like music to my ears.

[Ptarmigan]

GreenPartyVoter (67,653 posts)          Mon Apr 2, 2018, 12:13 PM

Who else got their backsides kicked this tax season?

So far we owe the gov't taxes, a payback on health insurance marketplace premiums, elder son owes income tax on his scholarships, and we no longer have any minor dependents so we're feeling that as well.

I thought that life was supposed to get easier financially at mid-life, but I'm still scrambling as much as I was out of college. Getting a second job won't help because it'll screw up the health stuff and ding us even harder on taxes.

Just gotta tighten up the belt yet again and pray no one gets sick and nothing breaks. Ever!

I hope it's going better for other folks on here.

[Old n Grumpy]

So now next election get out and vote for that Bernie guy, the socialist with free shit for all. You know the guy, the one with 3 houses.

[FlaGator]

It costs a lot of money to make sure the illegals are comfortable here in the United States, so pay up boys, pay up.