What's the top marginal tax rate you're subject to?
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  What's the top marginal tax rate you're subject to?
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Poll
Question: What's the top marginal tax rate you're subject to?
#1
No U.S.-taxable income
 
#2
10%
 
#3
15%
 
#4
25%
 
#5
28%
 
#6
33%
 
#7
35%
 
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Partisan results

Total Voters: 30

Author Topic: What's the top marginal tax rate you're subject to?  (Read 6061 times)
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jmfcst
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« Reply #50 on: August 08, 2005, 05:16:10 PM »

25%, just last year. I only made it in there and not 15% by less than $1000. Son-of-a-bitch! I knew my tax bracket had gone up when I actually had to pay tax back to the government, but I didn't realize it went up by that much! Where's my damn tax cut! Angry

Ah, you do know that you only paid 25% on the last $1000, don't you?
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JohnFKennedy
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« Reply #51 on: August 08, 2005, 05:30:39 PM »

have you ever heard any high school counsellor recommend a student become an actuary?

There's a reason for that; it is a career for those who find accountancy to be too exciting.
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Richard
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« Reply #52 on: August 08, 2005, 06:04:35 PM »

have you ever heard any high school counsellor recommend a student become an actuary?

There's a reason for that; it is a career for those who find accountancy to be too exciting.
You have got to be joking.  CPAs honestly think the sun shines out of their ass.  The courses are actually very easy and then they have to article for two years.  So what?  How hard is that?

At least with a lawyer they have get into law school, pass all the tough courses, take the BAR, etc.  With an actuary, you still need to pass those 8 insane tests.
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JohnFKennedy
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« Reply #53 on: August 08, 2005, 06:18:59 PM »

have you ever heard any high school counsellor recommend a student become an actuary?

There's a reason for that; it is a career for those who find accountancy to be too exciting.
You have got to be joking.  CPAs honestly think the sun shines out of their ass.  The courses are actually very easy and then they have to article for two years.  So what?  How hard is that?

At least with a lawyer they have get into law school, pass all the tough courses, take the BAR, etc.  With an actuary, you still need to pass those 8 insane tests.

I didn't say it was hard to get into, simply that it was dull as dishwater Tongue.
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jfern
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« Reply #54 on: August 08, 2005, 09:49:49 PM »

An old girlfriend had an IQ in the top 2 percentile, a 770 math SAT score (out of 800), a Math Degree (Summa Cum )Laude) from Georgia Tech and used to design projections of 6 dimensional objects into 3 dimensions.  She failed the the third test, as did her supervisor the first time he took it.

My point was that the first two tests are pretty easy. As for the 3rd, I'm sure some Fields Medalists could fail that test if they didn't study at all. However, presumably if you're smart and study enough, you pass.
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opebo
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« Reply #55 on: August 08, 2005, 10:33:58 PM »

I don't liev in the US, but my summer job knocks me into the lowest tax bracket, local tax of roughly 30%.

Good lord what a horribly oppressive nation you must live in.

70% of a high wage may be preferable to 100% of a low wage.
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KillerPollo
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« Reply #56 on: August 08, 2005, 10:34:35 PM »

I don't liev in the US, but my summer job knocks me into the lowest tax bracket, local tax of roughly 30%.

Good lord what a horribly oppressive nation you must live in.

70% of a high wage may be preferable to 100% of a low wage.
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Jens
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« Reply #57 on: August 09, 2005, 02:54:59 AM »

I don't liev in the US, but my summer job knocks me into the lowest tax bracket, local tax of roughly 30%.

Good lord what a horribly oppressive nation you must live in.
LOL, my tax level is 38 %, but to be fair it could be lower. The first 37.500 kr or 5100$ are taxfree but since I recieve SU (Student support) , 700$ every month the taxfree amount is used on those money. You might wonder why I pay taxes of my SU. That is because If you have debts, the intrest on those debts are tax deductable -  complicated, ohh yeah!
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Richard
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« Reply #58 on: August 09, 2005, 07:42:04 AM »

An old girlfriend had an IQ in the top 2 percentile, a 770 math SAT score (out of 800), a Math Degree (Summa Cum )Laude) from Georgia Tech and used to design projections of 6 dimensional objects into 3 dimensions.  She failed the the third test, as did her supervisor the first time he took it.

My point was that the first two tests are pretty easy. As for the 3rd, I'm sure some Fields Medalists could fail that test if they didn't study at all. However, presumably if you're smart and study enough, you pass.
No, actually your quote was "those exams look pretty easy to me."  You said nothing about only the first two.  You only wanted to bite at me.  Dolt.
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StatesRights
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« Reply #59 on: August 09, 2005, 10:37:43 AM »

I don't liev in the US, but my summer job knocks me into the lowest tax bracket, local tax of roughly 30%.

Good lord what a horribly oppressive nation you must live in.
LOL, my tax level is 38 %, but to be fair it could be lower. The first 37.500 kr or 5100$ are taxfree but since I recieve SU (Student support) , 700$ every month the taxfree amount is used on those money. You might wonder why I pay taxes of my SU. That is because If you have debts, the intrest on those debts are tax deductable -  complicated, ohh yeah!

If I lived in either your or Gustafs nation tax evasion and/or unemployment would look pretty good.
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WMS
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« Reply #60 on: August 09, 2005, 01:35:54 PM »

25%, just last year. I only made it in there and not 15% by less than $1000. Son-of-a-bitch! I knew my tax bracket had gone up when I actually had to pay tax back to the government, but I didn't realize it went up by that much! Where's my damn tax cut! Angry

Ah, you do know that you only paid 25% on the last $1000, don't you?

Really? Well, then, I guess I got hit by the 'single non-homeowner' penalty, since that places the two best deductions beyond my reach. Wink
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jfern
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« Reply #61 on: August 09, 2005, 01:38:56 PM »

I don't liev in the US, but my summer job knocks me into the lowest tax bracket, local tax of roughly 30%.

Good lord what a horribly oppressive nation you must live in.

That's about the same as 10% bracket +  state income taxes + payroll taxes + sales taxes.
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A18
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« Reply #62 on: August 09, 2005, 07:18:58 PM »

There's the earned income tax credit, which often gives people a negative tax liability.
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Jens
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« Reply #63 on: August 10, 2005, 05:44:43 PM »

I don't liev in the US, but my summer job knocks me into the lowest tax bracket, local tax of roughly 30%.

Good lord what a horribly oppressive nation you must live in.
LOL, my tax level is 38 %, but to be fair it could be lower. The first 37.500 kr or 5100$ are taxfree but since I recieve SU (Student support) , 700$ every month the taxfree amount is used on those money. You might wonder why I pay taxes of my SU. That is because If you have debts, the intrest on those debts are tax deductable -  complicated, ohh yeah!

If I lived in either your or Gustafs nation tax evasion and/or unemployment would look pretty good.
First, remember that wages are higher, minimum wage between 15$ and 30$
second, we got all those lovely freebees from the welfare system.
The Danish tax system are gentle to low income and tax high income heavily. The US system does the opposite
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StatesRights
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« Reply #64 on: August 10, 2005, 05:53:30 PM »

I don't liev in the US, but my summer job knocks me into the lowest tax bracket, local tax of roughly 30%.

Good lord what a horribly oppressive nation you must live in.
LOL, my tax level is 38 %, but to be fair it could be lower. The first 37.500 kr or 5100$ are taxfree but since I recieve SU (Student support) , 700$ every month the taxfree amount is used on those money. You might wonder why I pay taxes of my SU. That is because If you have debts, the intrest on those debts are tax deductable -  complicated, ohh yeah!

If I lived in either your or Gustafs nation tax evasion and/or unemployment would look pretty good.
First, remember that wages are higher, minimum wage between 15$ and 30$
second, we got all those lovely freebees from the welfare system.
The Danish tax system are gentle to low income and tax high income heavily. The US system does the opposite

That sounds terrible, thank God I live in the greatest nation in the world.
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