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Federal Income Tax Rates for the Year 2013 (Merry Christmas, right)
Vanity | 12/16/13 | Self

Posted on 12/17/2013 12:34:54 AM PST by Sequoyah101

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Nobody cares I guess but I knew this was coming. Most are not impacted yet. Most are content to live in their little yard and never look out. Working on taxes puts it in grim perspective. It is bad.

I guess some will call this a rant. It is like all the other things we have come up against in these last 5 years of destruction. Nothing will come of it. We are finished. We are bleeding to death. Nobody cares until something bad happens to them. They never do. They never understand how important it is to live and die buy the words, "I may disagree with what you say, I may hate it but I will defend your right to say it with my life." This is the same thing.

Whatever, it just doesn't matter anymore.

1 posted on 12/17/2013 12:34:54 AM PST by Sequoyah101
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To: Sequoyah101

Liberals Vote for their own self interest.

Conservatives Vote for America’s self interest.

Liberals are no better than Looters.


2 posted on 12/17/2013 12:44:03 AM PST by Kickass Conservative (A Communist is nothing more than an honest Democrat...)
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To: Kickass Conservative

And they are doing a fine job of it.


3 posted on 12/17/2013 12:51:11 AM PST by Sequoyah101
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To: Sequoyah101


4 posted on 12/17/2013 1:12:12 AM PST by sten (fighting tyranny never goes out of style)
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To: sten

Have you? Gone Galt?


5 posted on 12/17/2013 1:18:07 AM PST by Sequoyah101
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To: Sequoyah101
Thanks for posting.

That's important information.

Question To Anyone:

Does California tax capital gains?

I was wondering how much a committed Leftist like Mark Zuckerberg will have to pay above the 23.8% federal rate when he sells Facebook stock.

6 posted on 12/17/2013 1:18:19 AM PST by zeestephen
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To: zeestephen

Probably one good reason he did the ipo. Convert income to lt cap gain.


7 posted on 12/17/2013 1:20:37 AM PST by Sequoyah101
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To: zeestephen
Yikes!

I just looked up the California rate.

They tax cap gains like income.

Top rate in California is 13.3% for those earning above $1 million.

So, Zuckerberg will pay 37.1% on his Facebook stock.

Only one place in the world has a higher cap gains tax.

Denmark.

8 posted on 12/17/2013 1:40:28 AM PST by zeestephen
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To: Kickass Conservative

“Liberals are no better than Looters.”

Have you seen supposed conservative folk discussing social security, for instance, on these premises?

There is apparently a whole class of “conservative looters” too that want “their check”.


9 posted on 12/17/2013 1:59:50 AM PST by RFEngineer
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To: Sequoyah101

If one looks closely, it will be found that the top tax rate in Obama’s Marxist America is... pretty much everything you “own.”


10 posted on 12/17/2013 2:10:23 AM PST by Jack Hammer
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To: Sequoyah101

after irs went after me in 2010 for 2002 and 2004 taxes they hit me with a
55k lien. just paid it off. now i am being hit with alt min tax for 2012.


11 posted on 12/17/2013 2:29:17 AM PST by Donnafrflorida (Thru HIM all things are possible.)
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To: Sequoyah101

You call it Tax Rates but don’t talk about tax rates except for the ultra rich. What about the rest of us? What are the rates for everyone?


12 posted on 12/17/2013 2:55:58 AM PST by napscoordinator ( Santorum-Bachmann 2016 for the future of the country!)
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To: RFEngineer

I have been getting SS for several years. It is a very substantial portion of my income. I am in the 20% marginal rate tax bracket. I have long said on FR and elsewhere that SS should simply be terminated, along with Medicare and medicaid and much else. No taper. no exemptions. Terminated.


13 posted on 12/17/2013 3:08:58 AM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: Jack Hammer
"If one looks closely, it will be found that the top tax rate in Obama’s Marxist America is... pretty much everything you “own.”"

Yes, and with the increasing reach of the IRS and the onerous reporting requirements on foreign banks and other financial institutions, it is becoming more and more difficult for middle income Americans to have overseas accounts and financial assets. These are paper walls which are being built to prevent Americans from fleeing the Regime - so, in the end, "everything you own" will include you. There is a word for that; it is slavery.

14 posted on 12/17/2013 3:16:15 AM PST by Truth29
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To: arthurus

” I have long said on FR and elsewhere that SS should simply be terminated, along with Medicare and medicaid and much else. No taper. no exemptions. Terminated.”

You are a wise man. I agree with you. Socialism is always wrong, and a wrong cannot be made right by “grandfathering” certain people at the expense of others.

It’s hard to imagine, but we’d all be much better without it.


15 posted on 12/17/2013 3:38:37 AM PST by RFEngineer
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To: Truth29

Can we tax the money odumbo spends on his family vacations?

Oh WAIT, I forgOt it isn’t his money in the first place, its OUR money.


16 posted on 12/17/2013 3:39:48 AM PST by DaveA37
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To: Sequoyah101

How much tax do we really pay?

Item Rate Notes
Federal personal income tax 17%
(2011 est. - 18.2%) Top 25% rate. It ranges from a credit up to well over 40%. Source

State & local income taxes 10.1%
(2009 - 10.6%) State taxes range from under 6% to over 12%. Local taxes run from zero to 2.75%. Source, source, source, 2009 source

Sales tax 9.7%
(2009 - 10.3%) Figure is the average rate. State sales taxes range up to 8% and local taxes run from zero to over 5%. Source, source, 2008 source (broken link as of 2012), 2009 source

Social security & Medicaid 7.65% Total rate is actually 15.3% since half is paid by the employer, but we’re ignoring that to be kind and to avoid being accused of being too political.

Federal corporate income tax share 3% Based on corporate taxes being approximately 1/6 of personal taxes, and that they are paid by individuals in the final analysis.

Property tax 2.5%
(2007 - 2.7%) Yearly average actual costs range from under $200 in Alaska to almost $1900 in New Jersey. Source

Fuel/gasoline tax .5%
(2009 est. - .6%) Approximately 23% of the 2005 gasoline price is for federal & state taxes. The federal excise tax is 18.4 cents per gallon. Per the CPI, about 6% of the average budget is for transportation. Estimated. 2010 estimate, $.45 per gallon average. Source
Other 5%
(2009 est. - 7%) Includes estate tax, fees, licenses, inflation losses, inheritance, deficit allowance, gift, and others too numerous to mention. Estimated.

Total tax percentage potentially paid by the above average US citizen, 2005 - 54.4%

Total tax percentage potentially paid by the above average US citizen, 2013 est. - 59.7%

http://nowandfutures.com/taxes.html


17 posted on 12/17/2013 3:59:05 AM PST by BradtotheBone (Moderate Democrat - A politician whose voting record leans left and whose vote can be bought.)
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To: Donnafrflorida

Too much for you to have anyway. Just send the rest in. Obastard and rat face can buy votes with it.

They will get our retirement next.


18 posted on 12/17/2013 4:02:50 AM PST by Sequoyah101
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To: Sequoyah101

lots of dems w 401ks.
if they do this it would be worse politically then O care.


19 posted on 12/17/2013 4:12:43 AM PST by Donnafrflorida (Thru HIM all things are possible.)
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To: Kickass Conservative
Liberals are no better than Looters.

Looters are better than liberals because they don't lie to you about the morality of their theft.

20 posted on 12/17/2013 4:39:09 AM PST by Aevery_Freeman (Remember who the real enemy is!)
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