Posted on 04/13/2023 9:16:13 PM PDT by SeekAndFind
There are a lot of errors in this article. Gifts of 17K are excluded from tax. Why would gifts be taxable only if sent through a payment ap?
Also selling personal possessions for less than they were bought for is a loss, not a taxable gain.
17K from any single gifter.
Well, on the bright side, almost no one here at FR believed him.
Biden lied, the economy died.
George HW Bush lost reelection for breaking a tax pledge. Make Biden pay for doing the same thing.
A friend of mine was telling me today California has a 15.3% self employment tax? In other words you have to pay normal tax like everyone else PLUS an additional 15.3% tax if you are self employed. WHAT the hell is THAT? That is absolutely insane. So anyone trying to start a new business right off the bat they are punished.
My only hope is God decides he's seen enough and reboots the planet. I've made my peace. I'm tired of losing by a million paper cuts. And as my tagline has stated since January 2021, we don't have each other's back anymore. The left has won. Now comes the punishment.
Those of high income have always been targeted. That is where the money is at. All those 80 thousand agents are not for them as they are already targeted. They are targeted for the upper middle class, marginally the middle class and definitely not the lower class financially.
its all lies, its all theft, its all treason....
Nevermind being lied to, nobody elected this assh0le to BE lied to in the first place.
.
He lied about 3,000 things.
He promised to Cure Cancer, for heck’s sake.
Everyone here knows it but I’m going to say it again anyway. The tax increases we have ALL been subjected to due to bidenflation has, in my case, increased my tax burden by at least 10% in the last 2-1/2 years. My paycheck effectivity has been slashed hard! Everyones has! ...unless you’re a politician or the child of one.
To Biʠen's puppeteers, the middle class is a festering wound. They want it out of their lives.
Fun fact: One in one thousand Biʠen voters will become an IRS agent.
Yeah “Mom reimburses me for dinner” is not income for you. Author picked a bad example (for “clicks”/ad revenue no doubt). IRS explains here:
https://www.irs.gov/pub/taxpros/fs-2022-41.pdf
.
I think we both know Extreme MAGA are the biggest threat to this country, espy allow dosious, and I challenge you to a Push Up Contest!
They say the average taxpayer should not be worried. He or she is probably not worried but everyone else is or should be. There is no more than one or two average taxpayers. Everyone else is either above average or below average. Just like intelligence. Almost 50% of people are of below average intelligence. That’s why they are Democrats for the most part. When they say the average taxpayer they will have a hard time actually locating that guy. The rest of us are all in the database.
I have been saying since 2020 that people need to go Gault+. Reduce your earned income, simplify your finances. Reduce your income tax to zero. Go on any form of wefare you can qualify for.
Do not just drop out, become a paracite on the system.
I think it’s like that in every state. Your employer contributes to FICA and you pay the other half, which equals 15.3%. If you’re self employed, then you pay all of it but only if you have a profit. You can also write off a lot of business deductions, like lunch with a potential client, which helps your bottom line.
If you truly want to go Galt, you don’t become a parasite. You don’t want to do anything that raises your profile to anyone, including the govt.
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