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Member You - Taxes: Conservatives Support Those Who Pay! Liberals Support Those Who Take!
Mistake #1 – Refinancing only to obtain a lower interest rateSo why are you refinancing your mortgage loan? Are you trying to save money through a lower monthly payment? Are you trying to reduce your interest rate? Are you hoping to combine your refinance with a cash-out equity loan? If you’re simply trying to find a lower interest rate, make sure you calculate the related fees and closing costs. These fees might make you rethink the process. Unless you can save enough money to easily cover these costs, refinancing may not be right for you.Mistake #2 – Cash-Out Refi to Pay off Unsecured C
The total amount of income taxes paid in 2004 was $831 billion.
Dividing those who filed returns, into two halves, top half and bottom half, we see that the dividing line between the upper half and lower half starts at $30,122 of AGI-Adjusted Gross Income.
To simplify, there is some round
Forex is an abbreviation of Foreign Exchange. Like it pronounces Forex is the simultaneous buying and selling of a currency pair. Many currency pairs are available for trading (practically all) but traders rely most on some pairs which are called majors. These currencies are called majors because liquidity is major for these pairs and this means that you can sell or buy any of these pairs whenever you like because a lot of these money are in circulation worldwide.Forex is a physical occurrence in the global economic system. A tourist traveling from Europe to USA exchanges euros to do
1. Pay a very high percentage of the total burden,
2. Pay an equally high final dollar amount.
Credits, deductions, subsidies or any type of reduction on the way to that Final Net Tax allow for massive deceit, especially by Democratic politicians, and most Democratic constituents, who frequently engage in willful misunderstanding.
The middle class, from $30,122 and up, does not suffer at the hands of the rich. It does suffer at the hands of big government and its supporters.
Most Democratic politicians and their constituents, are advocates of big government and redistribution. They infer on a regular basis, that the rich are getting something through the government, as though government has its own money.
When upper bracket taxpayers reduce their Final Net Tax, taking legal credits and deductions, they still shell out a fortune at the end of each year. Leftists incorrectly make references to how much the rich get at the expense of the poor and middle class. There is zero truth to this.
Example. (Wealthy) taxpayer A, is single and has $500,000 of total income.
(Wealthy) gets credits totaling $15,000, for auto expense, entertaining clients and an IRA. This leaves $485,000 of taxable income, before getting to his itemized deductions.
(Wealthy) then has $100,000 of itemized deductions, which brings his taxable income to $375,000.
His Final Net Tax, is over $100,000.
No matter what credits or deductions he received, toward the completion of his tax return, his Final Net Tax, of $100,000 plus, is a “payment”, and a steep one . He was given 0, nothing, nada.
This is his payment for income taxes only, he still has all the others.
130 million tax returns were filed for the year 2004, the latest year of available IRS statistics.
89 million of these are net taxpayers who foot the bill. The remaining 41 million had no Final Net Tax. Millions of these actually received money through the badly misnamed Earned Income Tax Credit, (EITC). Money was given to (EITC) recipients from the taxes paid by those with higher incomes. It works down to recipients but not up to taxpayers above them.
The total amount of income taxes paid in 2004 was $831 billion.
Dividing those who filed returns, into two halves, top half and bottom half, we see that the dividing line between the upper half and lower half starts at $30,122 of AGI-Adjusted Gross Income.
To simplify, there is some roundi
As time goes by and technology grows and changes to suit the needs of people we have seen an increase in the need for portability in media. People are on the go and require more portability in their Radios. Science and Technology has grown with the demand of the people. This demand has bred Portable Satellite Radios.Portable Satellite Radio allows a person to listen to various genres of music at any given time, on demand, via Satellite technology. Where once we had Cassette tape walkman devices, then Compact Disc walkman devices we now have the capability to take our music with us wherever we go with
Most Democratic politicians and their constituents, are advocates of big government and redistribution. They infer on a regular basis, that the rich are getting something through the government, as though government has its own money.
When upper bracket taxpayers reduce their Final Net Tax, taking legal credits and deductions, they still shell out a fortune at the end of each year. Leftists incorrectly make references to how much the rich get at the expense of the poor and middle class. There is zero truth to this.
Example. (Wealthy) taxpayer A, is single and has $500,000 of total income.
(Wealthy) gets credits totaling $15,000, for auto expense, entertaining clients and an IRA. This leaves $485,000 of taxable income, before getting to his itemized deductions.
(Wealthy) then has $100,000 of itemized deductions, which brings his taxable income to $375,000.
His Final Net Tax, is over $100,000.
No matter what credits or deductions he received, toward the completion of his tax return, his Final Net Tax, of $100,000 plus, is a “payment”, and a steep one . He was given 0, nothing, nada.
This is his payment for income taxes only, he still has all the others.
130 million tax returns were filed for the year 2004, the latest year of available IRS statistics.
89 million of these are net taxpayers who foot the bill. The remaining 41 million had no Final Net Tax. Millions of these actually received money through the badly misnamed Earned Income Tax Credit, (EITC). Money was given to (EITC) recipients from the taxes paid by those with higher incomes. It works down to recipients but not up to taxpayers above them.
The total amount of income taxes paid in 2004 was $831 billion.
Dividing those who filed returns, into two halves, top half and bottom half, we see that the dividing line between the upper half and lower half starts at $30,122 of AGI-Adjusted Gross Income.
To simplify, there is some round
The net is full of small tiny web sites and blogs with very little traffic whose owners log onto their Google Adsense accounts every morning hopeful for some sort of miracle.It really is sad because while there is nothing wrong with dreaming of making big money, one cannot just dream without taking any concrete action or steps to make their dream come true. And logging into your Google Adsense account hopefully every morning (having done nothing new) does not quite qualify to be called concrete action towards making your dream of healthy Adsense revenue come true.While miracles still do happen
Example. (Wealthy) taxpayer A, is single and has $500,000 of total income.
(Wealthy) gets credits totaling $15,000, for auto expense, entertaining clients and an IRA. This leaves $485,000 of taxable income, before getting to his itemized deductions.
(Wealthy) then has $100,000 of itemized deductions, which brings his taxable income to $375,000.
His Final Net Tax, is over $100,000.
No matter what credits or deductions he received, toward the completion of his tax return, his Final Net Tax, of $100,000 plus, is a “payment”, and a steep one . He was given 0, nothing, nada.
This is his payment for income taxes only, he still has all the others.
130 million tax returns were filed for the year 2004, the latest year of available IRS statistics.
89 million of these are net taxpayers who foot the bill. The remaining 41 million had no Final Net Tax. Millions of these actually received money through the badly misnamed Earned Income Tax Credit, (EITC). Money was given to (EITC) recipients from the taxes paid by those with higher incomes. It works down to recipients but not up to taxpayers above them.
The total amount of income taxes paid in 2004 was $831 billion.
Dividing those who filed returns, into two halves, top half and bottom half, we see that the dividing line between the upper half and lower half starts at $30,122 of AGI-Adjusted Gross Income.
To simplify, there is some round
Reports are coming from all over the country that we are in the driest period in over one hundred years. It does not matter which part of the country you go to, lakes and ponds and streams are drying up at a record pace. What is the cause and how can we fix it?It’s time to wake up and admit to our mistakes. I’m talking about “Global Warming” and it is not just talk. If it were just talk, then how is it that the Polar bears are dieing at record numbers? How is it that Penguins are disappearing off the face of the earth? How is it that Honey Bees are simply just vanishing?Polar bears, tho
This is his payment for income taxes only, he still has all the others.
130 million tax returns were filed for the year 2004, the latest year of available IRS statistics.
89 million of these are net taxpayers who foot the bill. The remaining 41 million had no Final Net Tax. Millions of these actually received money through the badly misnamed Earned Income Tax Credit, (EITC). Money was given to (EITC) recipients from the taxes paid by those with higher incomes. It works down to recipients but not up to taxpayers above them.
The total amount of income taxes paid in 2004 was $831 billion.
Dividing those who filed returns, into two halves, top half and bottom half, we see that the dividing line between the upper half and lower half starts at $30,122 of AGI-Adjusted Gross Income.
To simplify, there is some round
As one frequently hired to write, edit, or review business planning packages I’ve followed the progress of current thinking on matters of plan content and size with interest.The rapid transfer of information by online and wireless means has conditioned us to expect talking head presentations delivered in sound byte bursts. Under such conditions plans adhering to rigid guidelines emphasizing X pages on Y subjects written in droll “biz-speak” will increasingly lose appeal. Thus planners must strive to produce customized output that guides diverse audiences through engaging stories to quick bu
The total amount of income taxes paid in 2004 was $831 billion.
Dividing those who filed returns, into two halves, top half and bottom half, we see that the dividing line between the upper half and lower half starts at $30,122 of AGI-Adjusted Gross Income.
To simplify, there is some rounding.
1. Top half -AGI from $30,122 and up, paid 96.7 % of the total or $804 billion.
2. Bottom half -AGI from $30,122 or less paid 3.3% of the total or $ 27 billion.
Of that $804 billion total, let’s start with the lowest group (in the upper half) and work our way up, to see who paid what.
The Final Net Tax-payment-of each group is in parentheses
If you are in the group that earned between $30,122 and $60,041, there are 33 million of you and your payment covered ($99 billion), of the $804 billion paid.
If you are in the group that earned between $60,041 and $99,112, there are 20 million of you and your payment covered ($139 billion), of the $804 billion paid.
If you are in the group that earned between $99,112 and $137,056, there are 6 ? million of you and your payment covered ($92 billion) of the $804 billion paid.
If you are in the group that earned between $137,056 and $328,049, there are 5.2 million of you and your payment covered ($168 billion) of the $804 billion paid.
If you are in the group that earned over $328,049, there are 1.3 million of you and your payment covered ($307 billion) of the $804 billion.
2004 Total Income Taxes Paid=$831 billion
Paid by Top 50%--$804 billion
Paid by Bottom 50% $ 27 billion
Recap: Share of Total Tax Burden Paid By Top 50%
Lowest -----33 million paid $ 99 billion
2nd lowest –20 million paid $ 139 billion
Middle----6 ? million paid $ 92 billion
2nd highest 5.2 million paid $ 168 billion
Highest 1.3 million paid $ 307 billion
Total 65 million paid $ 804 billion
Share of Total Paid By Bottom 50%
65 million paid $ 27 billion
Total $ 27 billion
We should let our elected officials know, that deceit, over who pays what, is no longer acceptable. If congressmen stand for higher taxes and bigger government, they should defend that position with truth. Attacks on those paying a very high share of the
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