marjoe

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Posts by marjoe

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  78

  The IRS took my money. :(

  by Elsewhere in

  1. jw
  2. friends

  this year i owed money to the irs.

  (the result of cashing in some investments so i could put a down-payment on my first house... i owed taxes on the "income").

  i mailed off the check the other day and today i looked at my bank account online.

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  marjoe

  Marjoe, I've been thinking. Isn't the interest deduction for our mortgage akin to the earned income credit? I mean the gov is paying us to buy a house, or be a poor worker. So one is a credit for those who are well off enough to have a mortgage, the other is a credit for those who are not. We don't pay that interest to the gov, we pay it to the bank. So who is actually getting that credit?

  A credit and a deduction are very different. The deduction means you pay less tax. The credit means (often) that you RECEIVE money you did not pay.

  So the fellow paying the bank interest still pays taxes and still pays....only to the bank, as you observe.

  The EITC fellow not only does not pay (either the government or the bank) and yet receives money as a REFUND of funds that he did not pay to begin with.

  Now I'll be labeled a miisogynistic woman-hater because I used masculine pronouns in my example. For cameo-d and recovering: I am not now, nor have I ever been, a gender-phobe or whatever the current politically correct term for an "idiot" who only uses male pronouns in his/her examples.
• 
  78

  The IRS took my money. :(

  by Elsewhere in

  1. jw
  2. friends

  this year i owed money to the irs.

  (the result of cashing in some investments so i could put a down-payment on my first house... i owed taxes on the "income").

  i mailed off the check the other day and today i looked at my bank account online.

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• 

  marjoe

  But if that isn't enough reason, how about the fact that consumer spending is 70% of our economy?

  Yes that is a worthy economy, print money, "refund" it to those who pay no taxes yet consume government services, so they can in turn "consume" stuff they didn't really "earn."

  Perhaps a fairer solution would be centerally-run and -planned communes commrade?

  Besides the EITC folks probably make up a smaller proportion of the 70% you cite than they do the population of that 70%. In other words, the higher end of the scale is smaller numerically but, no doubt, over represented in the 70%.

  So we don't need EITC to keep the small part of the 70% happening. We'll have a great deal of the 70% from non-EITC people. That consumer spending is a large component of the economy does not mean we must give folks EITC so they can consume.

  Anyway, nice try. Good night.
• 
  78

  The IRS took my money. :(

  by Elsewhere in

  1. jw
  2. friends

  this year i owed money to the irs.

  (the result of cashing in some investments so i could put a down-payment on my first house... i owed taxes on the "income").

  i mailed off the check the other day and today i looked at my bank account online.

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  marjoe

  I made 7 bucks an hour at one time. I didn't like it so I made changes.

  You are an excellent example of what MILLIONS and MILLIONS of people have done throughout our country's history.

  I appreciate and applaud your effort.
• 
  78

  The IRS took my money. :(

  by Elsewhere in

  1. jw
  2. friends

  this year i owed money to the irs.

  (the result of cashing in some investments so i could put a down-payment on my first house... i owed taxes on the "income").

  i mailed off the check the other day and today i looked at my bank account online.

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  3. 
• 

  marjoe

  So if you work your buns off all day, but unfortunately only make 7 bucks an hour, you are a "freeloader" if you get a credit? Do you actually understand what makes the economy go 'round?

  "unfortunately" why? Because they haven't developed a skill set worth more than $7 per hour? Or had multiple children whilst unable to support them? That is the taxpayers' fault?

  Where is the "unfortunate" piece, other than for those of us who have to actually pay income taxes?
• 
  78

  The IRS took my money. :(

  by Elsewhere in

  1. jw
  2. friends

  this year i owed money to the irs.

  (the result of cashing in some investments so i could put a down-payment on my first house... i owed taxes on the "income").

  i mailed off the check the other day and today i looked at my bank account online.

  1. 
  2. 
  3. 
• 

  marjoe

  Yes I was rude, and I rescinded my comment.

  Not a problem, I've been rude before myself. Hey, since you're being responsible, like the EITC folks who have a job, maybe you too can get the government to pay you for being responsible, kinda' like receiving a "refund" from income taxes you never paid. :-)

  My sister receives EITC.
• 
  78

  The IRS took my money. :(

  by Elsewhere in

  1. jw
  2. friends

  this year i owed money to the irs.

  (the result of cashing in some investments so i could put a down-payment on my first house... i owed taxes on the "income").

  i mailed off the check the other day and today i looked at my bank account online.

  1. 
  2. 
  3. 
• 

  marjoe

  Amazingly assholish. Do you actually know anyone who gets the EIC? Do you realize that it's for people who WORK?

  They may work ("Earned Income") but do they pay income taxes? no. they receive welfare from the IRS for working.

  Please don't call names. It hurts my feelings
• 
  78

  The IRS took my money. :(

  by Elsewhere in

  1. jw
  2. friends

  this year i owed money to the irs.

  (the result of cashing in some investments so i could put a down-payment on my first house... i owed taxes on the "income").

  i mailed off the check the other day and today i looked at my bank account online.

  1. 
  2. 
  3. 
• 

  marjoe

  Gallup: 61% of Americans saying they regard the income taxes they have to pay this year as fair.

  Is this 61% of all Americans or 61% of those who actually pay income taxes. Are the freeloading Earned Income folks in the 61% also?

  Depending on the sample, it's not surprising. I wonder how it corelates to what, if any, amount of income tax they pay.

  I am fortunate to pay lots of income taxes but 61% of the people I know who do pay lots of income tax are not thinking their amount is "fair."
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  116

  How Should We Deal With "Pirates"?

  by minimus in

  1. jw
  2. friends

  i'm talking of sea pirates..

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  marjoe

  This whole line about nuclear waste is full of red flags, and likely someone's political or journalistic wet dream to make themselves popular.

  Amazingly accurate. Bewarde the spinners.
• 
  12

  Manipulation as its worst

  by unbeliever in

  1. jw
  2. friends

  my brother has been dating this woman for 6 months.

  he made it clear from the very beginning before they got serious that he would not marry her or anyone for that matter.

  does not want a repeat.

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  marjoe

  She very well could be thinking it would be better to have an abortion than to give birth to a bastard child.

  don't forget the adoption option.
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  36

  Captain rescued, pirates shot by snipers, begging the question...

  by JimmyPage in

  1. jw
  2. friends

  ... how weak does obama look now, mutha truckas?.

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  marjoe

  Yeah, that's the American way.

  To hell with their boundaries and water rights, take all their fish.

  When the fishing gets thin, drop the toxic waste off on them.

  And when they complain and try to stand their ground....

  let's just kill the bastards.

  There's no war excitement right now...so let's start a new one.

  By damn, we're Americans....and that's the American way.

  We're bloodthirsty, we are.

  We are big. We are powerful. We rape the world's resources.

  This is the most sensible post you've made on this topic. I agree. Bomb them.