Stephen King: "Why am I not paying 50% taxes?"

[Freeper]

dancingme  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Wed Mar-09-11 09:39 PM
Original message
Stephen King: "Why am I not paying 50% taxes?"
   
Author Stephen King spoke at a political rally in Florida. "Thank a Union Guy".

http://stephenkingrocks-hallrla3.blogspot.com/

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x598794

So now it's because of the Unions that taxes aren't at 50%.
Funny considering the people who unions support would love to tax him at 90%.

dancingme  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Wed Mar-09-11 09:51 PM
Response to Reply #1
2. he has always detested greed
   
and he seems like such a nice, down to earth man.

I would think if he wasn't greedy, he would want to pay more than 50% in taxes.

[NHSparky]

Well, let's see, Stevie m'boy:

Federal tax rates--35 percent.
Since you're on a 1099 for royalties--15.2 percent self employment SS/FICA tax
Maine state tax--8.7 percent

Total: 58.9 percent.

Huh--guess you're there already.  Best you just stick with writing scary books, cause your math SUCKS.

[Ballygrl]

Stephen King: "Why am I not paying 50% taxes?"

Nothing's preventing you from paying more, you can turn your entire income over to the Government if you'd like!

[dandi]

I guess you can afford to "detest greed" when your net worth is $200,000,000.

http://www.askmen.com/celebs/men/entertainment/55_stephen_king.html

[Vagabond]

Well, let's see, Stevie m'boy:

Federal tax rates--35 percent.
Since you're on a 1099 for royalties--15.2 percent self employment SS/FICA tax
Maine state tax--8.7 percent

Total: 58.9 percent.

Huh--guess you're there already.  Best you just stick with writing scary books, cause your math SUCKS.

The best writing that King has produced in years was the story about his son's little league baseball team's playoff run.  He has been mailing it in for years in more ways than one.

[Chris_]

The best writing that King has produced in years was the story about his son's little league baseball team's playoff run.  He has been mailing it in for years in more ways than one.

I've read a dozen or more Stephen King books, and you're right.  He hasn't produced anything worth paying money for since 'Misery' and that was over 20 years ago.  He's managed to coast on name-recognition since then.  At least half of those dozen books were horrible tripe and flat-out garbage like 'The Regulators', 'Geralds Game' and 'Rose Madder'.

He and his wife were both teachers.  Of course they support the liberal trolls in Madison.

[GOBUCKS]

The best writing that King has produced in years was the story about his son's little league baseball team's playoff run.  He has been mailing it in for years in more ways than one.

I don't believe he writes anymore. Publishing a 1000 page book every few months is hard to believe, and it's doubtful he has any connection to the books other than his name on the cover. I really think most writers who hit it huge are the same way. Tom Clancy books since the mid-90s are the most miserable tripe imaginable, after he wrote eight or nine of the best novels ever and got fabulously rich. Lots of others are the same way. Everyting ghost written by hacks like Will Pitt, with the marketable author's name on the cover.

[Vagabond]

That's what I think.  Everything with his name on it these days is ghost written and aimed at being made into a cheesy sci-fi movie presentation of the week.  I think he reviews the work, just the same way a master electrician signs off on the journeymen's work, but as long as the royalty checks arrive, he's retired.

I stopped reading him after Wizard and Glass in 1998.  That was supposed to be his tour de force and it was even clear to Roland the Gunslinger that King was tired of writing. 

[Karin]

Yeah, he's a big lib and always has been.  I got his last book Dark Night No Stars for Christmas.  The 4th story was sufficiently disturbing to stay with me (The Good Marriage).  The rest were Meh.  I could not finish Under the Dome at all.  I keep getting these things as gifts. 

I imagine he pays certain accountants and attorneys handsomely to shelter his money.  Tax avaoidance is not against the law.  Hypocrite just like Michael Moore. 

[zeitgeist]

Yeah, he's a big lib and always has been.  I got his last book Dark Night No Stars for Christmas.  The 4th story was sufficiently disturbing to stay with me (The Good Marriage).  The rest were Meh.  I could not finish Under the Dome at all.  I keep getting these things as gifts. 

I imagine he pays certain accountants and attorneys handsomely to shelter his money.  Tax avaoidance is not against the law.  Hypocrite just like Michael Moore. 

Allow me to add, King is to the body of great literature what Moore is to great cinema.  Both are little more than popular producers of pulp pablum which I am doubtful will stand the test of time.   Hypocrites?  Well yeah, and rich liberal ones at that, but since when did that become a novelty?  They know the actual knowledge and acceptance level of their base which is what makes them successful.  As a wise Roman once said, Bread and Circuses.

Anyone ever run a reading level program on King's works?  How would they compare to say Danielle Steel?

[Wineslob]

Thank God I've never read any of his books.

[mamacags]

A couple of his older book are in my top 10 books ever.  The Stand, The Talisman (with Peter Straub), and It are unmatched in my opinion.   All of his new stuff sucks balls.