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I'm rich
2-14-02 | farmall

Posted on 02/14/2002 10:25:16 AM PST by farmall

My wife and I are both public school teachers. We both teach additional day and after school classes. We both teach summer school and I have another job as a security guard. Combined total we earned @ $119,000 in 2001. IRS has already taken @ $19,000. It looks like they want another $ 3-5,000 on 4-15-02.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: educationnews; taxreform
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To: no-s
Another thought...If you aspire to a lower marginal rate by making less, you should realize dollars you earn are effectively contributing less to the maintenance of civilization. Hey! I see it as the gov't bribing you with your own earnings to be satisfied with less! If everyone makes less, what do you think will happen to the tax structure? Offering the "simpler life" argument only makes sense for people who desire a "simpler life" - what about people like me, who aspire to "Capitalist Baron of Interplanetary Astronautical Engineering" and "Sophisticated Urban Intellectual" (it's not incompatible with conservative, BTW) or simply "Achieve inner peace AND improve my standard of living without ditching the kids (from both marriages), wife, and mother"? Somehow "Simpler Life" smacks of the Randist withdrawal from society in Atlas Shrugged.

You had me with you until that last line.

Did you forget that they only withdrew
because they were hated and despised
as so many on this thread appear to feel
about those that have worked to achieve
more than others?

Did you forget that they only withdrew
in hope of a time when society had
destroyed itself enough that they might
be welcomed back to help rebuild a
civilization without the evils of Socialism?




 

201 posted on 02/14/2002 3:18:49 PM PST by higgmeister
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To: goodieD
No, I"m not a liar. People who dig ditches make less than people who sit on their butts all day in an office. People who do construction work make less than architects. Physical labor is generally paid less than office work.

Yes, you are a liar. Unless you'd like to admit you are stupid. No one but an ignoramus would claim that only physical labor is "work." Clearly, you don't have the capacity to be paid for your brain work; you don't produce any.

202 posted on 02/14/2002 3:25:54 PM PST by M. Thatcher
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To: M. Thatcher
I divide my time between software coding and design/strategy meetings, and I can tell you I'd sure enjoy a few days of ditchdigging or baling hay to put my brain on ice! I find mental labor more exhausting than physical.

Sorry for the tangent, folks.

203 posted on 02/14/2002 3:31:26 PM PST by dinodino
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To: VRWC_minion
"Wrong assumption. Every flat tax offered provides for exclusions of first part of the income or do you agree with Rush that we should tax the poor more ?"

VM, You're right on the "offered" part. But, have you considered that this teacher and many others including presidents are in the 32% tax bracket, but pay 25% or less. "Progressive"??? Yeh. Right. Peace and love, George.

204 posted on 02/14/2002 3:33:34 PM PST by George Frm Br00klyn Park
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To: farmall; Taxreform
Join the National Retail Sales Tax Alliance and help us replace the income tax with a National Retail Sales Tax and abolish the IRS!

"I have sworn upon the altar of God eternal hostility against every form of tyranny over the mind of man." [Thomas Jefferson, letter to Benjamin Rush, 1800.]

Scrap the Code! Scrap the IRS! Abolish the VLWC!

Go to our web site to find out how you can help us do that.

We will never be a truly free people so long as we have the income tax and the IRS.

205 posted on 02/14/2002 3:45:21 PM PST by Taxman
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To: dinodino
I find mental labor more exhausting than physical.

The point is, all work is work. Professional condescension toward physical labor is as erroneous as the laborer's belittling of professional work. (I'm speaking in general, not implying you are condescending.)

206 posted on 02/14/2002 4:00:47 PM PST by M. Thatcher
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To: wardaddy
No need to South Bash....this is a class struggle thread don't you know?

Okay, fair enough. So where the heck does that guy live like a king for $20,000 a year - a Maine log cabin?

207 posted on 02/14/2002 4:04:25 PM PST by SamAdams76
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To: goodieD
... it isn't necessary to drive a new car, it isn't necessary for the kids to have the latest electronic toys.. we know what's important here.

I guess everybody else aspiring to the better things in life are just selfish bastards. Too bad we all can't be noble like you a live a life of austerity. Didn't they try that idea in the now collapsed Soviet Union?

208 posted on 02/14/2002 4:11:44 PM PST by SamAdams76
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To: M. Thatcher
Thanks, absolutely no condescension intended--I agree with you. My comment was directed towards goodieD.
209 posted on 02/14/2002 4:12:06 PM PST by dinodino
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To: SamAdams76
What exactly are 'better' things? Better than what? Health? Good relationships? Good Food? Just wondering.
210 posted on 02/14/2002 4:22:27 PM PST by boltfromblue
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To: farmall
BUY A 4 UNIT APARTMENT BUILDING IN YOUR FAVORITE PLACE TO VACATION.....THEN CALL A GOOD CPA.
211 posted on 02/14/2002 4:27:12 PM PST by 1 FELLOW FREEPER
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To: boltfromblue
What exactly are 'better' things? Better than what? Health? Good relationships? Good Food? Just wondering.

Health is definitely a better thing. As is a love for reading and learning. Music, listening or especially playing an instrument. Good food, absolutely. Good, hearty beer and nourishing wine. And did I mention the internet and especially Free Republic?

212 posted on 02/14/2002 4:36:10 PM PST by SamAdams76
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Comment #213 Removed by Moderator

To: RooRoobird14
You are not evil, in fact I am proud of you two. But you can lower your taxes 100 different ways. You either need a good accountant, or a good financial advisor.By the way I earn that much and pay 1/3 less in taxes.
214 posted on 02/14/2002 4:44:30 PM PST by 1 FELLOW FREEPER
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To: higgmeister;no-s
"...Did you forget that they only withdrew
in hope of a time when society had
destroyed itself enough that they might
be welcomed back to help rebuild a
civilization without the evils of Socialism? ...

.

..."She glanced back at him. But he was standing oddly
still, staring intently down at the table. In rising,
they had brushed aside the mats of paper lace and she
saw an inscription cut into the plastic of the table top.
Attempts had been made to erase it, but the inscription
remained, as the graven voice of some unknown drunk's
despair:

'Who is John Galt?'

With a brusque movement of anger, she flicked the mat
back to cover the words. He chuckled.

"I can answer it," he said. "I can tell you who is John
Galt."

"Really? Everybody seems to know him, but they never
tell the same story twice."

"They're all true, though - all the stories you've heard
about him."

"Well, what's yours? Who is he?"

"John Galt is Prometheus who changed his mind. After
centuries of being torn by vultures in payment for having
brought to men the fire of the gods, he broke his chains
and he withdrew his fire - until the day when men withdraw
their vultures."

page 480, Atlas Shrugged

215 posted on 02/14/2002 4:45:45 PM PST by XLurk
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To: XLurk
until the day when men withdraw their vultures

I'm down with that!

btw - since when are taxes only 25%?? The governmental leeches are legion, and hide in murk all over the place. Not only in terms of hidden fees, licences, and costs passed on to consumers. But the opportunity costs are as of yet uncounted because no one dares.

216 posted on 02/14/2002 4:51:18 PM PST by lds23
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To: Flyer
Were you looking for suggestions?

If you can think of anything the moderator won't pull, I would welcome the ideas!
217 posted on 02/14/2002 5:32:02 PM PST by Xenalyte
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To: farmall
Find a lower tax bracket. ;-)
218 posted on 02/14/2002 5:33:31 PM PST by oldvike
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To: XLurk
until the day when men withdraw their vultures

I fear the vulturemen have only just begun their
feeding frenzy and there is no longer any place
on Earth that they can be avoided for very long.

 

219 posted on 02/14/2002 5:58:00 PM PST by higgmeister
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To: Kennard
"It hasn't been easy supporting the proposition that paying 25% of our income in federal income tax is about right. "

How much were the taxes our founding fathers fought against? 25% is slavery. 3 months of the year you would work JUST for the feds.

220 posted on 02/14/2002 6:26:08 PM PST by PatrioticAmerican
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