MR

If you could get away with not reporting all your income, would you? Why or why not? I'll be blunt, and say yes. I feel my money is my money, and I don't think our current system is fair in that it rewards bad choices with monetary support. I am all for the basics, good roads, public education, student loans for those that want to better themselves, but I am not for the nanny state that we are headed toward.

This should be interesting... especially, since I have to go to bed and see the answers tomorrow.

Read the IRS figures on who pays the most taxes. I believe a fair tax on purchases may also work . I would say different colored passes according to income. But the IRS says the top 10% pay 65-70 % or more and the lowest pay nothing. Go to the IRS website.

squirt1 wrote:Read the IRS figures on who pays the most taxes. I believe a fair tax on purchases may also work . I would say different colored passes according to income. But the IRS says the top 10% pay 65-70 % or more and the lowest pay nothing. Go to the IRS website.

Do you not think though, that even the lower income levels would be better off if they could invest part of what they throw now to SS instead of waiting for some benefit that's never going to be there for them.

you have to do it right... the penitentiary is not an option.. if you own your own business then you are taxed to
absolute DEATH.. if you cant make it.. "screw you, PAY me",,, your city, your state, your govt is not your friend.. yet you have to pay it and do it right .. no other option.. what other animal works to death .. and gives away a 3rd of everything they make?

payroll tax--match that SSI baby
quarterly tax
property tax
franchise tax
= multiple thousands of dollars going out..most of it in January..

scarygirl wrote:If you could get away with not reporting all your income, .

thought of something else... your best bet??

get pregnant.. have 3-4 children... heck the tax break in just getting married is worth the divorce.. DO NOT STAY SINGLE ... aint worth all the taxes.. ok , maybe wrong there.... but single folks dont get free cheese and milk ..

larryfromnextdoor wrote:

scarygirl wrote:If you could get away with not reporting all your income, .

thought of something else... your best bet??

get pregnant.. have 3-4 children... heck the tax break in just getting married is worth the divorce.. DO NOT STAY SINGLE ... aint worth all the taxes.. ok , maybe wrong there.... but single folks dont get free cheese and milk ..

Yeah, they get store bought , WALMART BRAND. Five percent real cheese, 95 percent something they can't pronounce.

scarygirl wrote:

larryfromnextdoor wrote:

scarygirl wrote:If you could get away with not reporting all your income, .

thought of something else... your best bet??

get pregnant.. have 3-4 children... heck the tax break in just getting married is worth the divorce.. DO NOT STAY SINGLE ... aint worth all the taxes.. ok , maybe wrong there.... but single folks dont get free cheese and milk ..

Yeah, they get store bought , WALMART BRAND. Five percent real cheese, 95 percent something that I can't pronounce.

= sugar daddy.. with a sugar daddy.. you always have a good set of michelins and real diet coke in the fridge..

larryfromnextdoor wrote:

scarygirl wrote:

larryfromnextdoor wrote:

scarygirl wrote:If you could get away with not reporting all your income, .

thought of something else... your best bet??

get pregnant.. have 3-4 children... heck the tax break in just getting married is worth the divorce.. DO NOT STAY SINGLE ... aint worth all the taxes.. ok , maybe wrong there.... but single folks dont get free cheese and milk ..

Yeah, they get store bought , WALMART BRAND. Five percent real cheese, 95 percent something that I can't pronounce.

= sugar daddy.. with a sugar daddy.. you always have a good set of michelins and real diet coke in the fridge..

LMAO. Can we add a boob job to the mix?

scarygirl wrote:

larryfromnextdoor wrote:

scarygirl wrote:

larryfromnextdoor wrote:

scarygirl wrote:If you could get away with not reporting all your income, .

thought of something else... your best bet??

get pregnant.. have 3-4 children... heck the tax break in just getting married is worth the divorce.. DO NOT STAY SINGLE ... aint worth all the taxes.. ok , maybe wrong there.... but single folks dont get free cheese and milk ..

Yeah, they get store bought , WALMART BRAND. Five percent real cheese, 95 percent something that I can't pronounce.

= sugar daddy.. with a sugar daddy.. you always have a good set of michelins and real diet coke in the fridge..

LMAO. Can we add a boob job to the mix?

gosh dang right we can!!.. oh geesh.. ohhhhhh.. ive said too much.. must find slumber...

What about collagen injections? Or where they take the fat from your ass and inject it into your laugh lines?

7 Wishes wrote:What about collagen injections? Or where they take the fat from your ass and inject it into your laugh lines?

..nasty dude..

Out tax system sucks. It's unfair. Period.

The fuckers in Washington don't care about fiscal responsibility. We are treated like their endless well which will never run dry. They spend our money any damn way they please, they lie about where it's really going (can you say $700.00 for a hammer? Or how about millions of dollars granted for a study about grapes?) and what's worse is they are answerable to no one until their next election.

In the mean time, it's one big party. They don't listen to us when we protest. We are powerless until the elections come around, but by then, these individual fuckheads have set themselves up for life. They never have to worry about working a blue collar job or losing their homes. They issue contracts using our money to line their buddy's pockets and take kickbacks.

There's no such thing as an honest politician. They're all corrupt as hell on both sides of the political fence. Very few people get rich by being honorable and honest and it's disturbing how many rich men are getting into public office these days.

I'm not saying all the money goes to waste or is misused, but if they stopped wasting what we give them and used common sense judgment, they'd never have to raise taxes again. In fact, I believe we'd be so far into the black that tax cuts would be called for. So I say fuck 'em. If you can hide it, hide it. Guarantee you, the politicians do.


By the way, I'm not bitter.

STORY_TELLER wrote:Out tax system sucks. It's unfair. Period.

The fuckers in Washington don't care about fiscal responsibility. We are treated like their endless well which will never run dry. They spend our money any damn way they please, they lie about where it's really going (can you say $700.00 for a hammer? Or how about millions of dollars granted for a study about grapes?) and what's worse is they are answerable to no one until their next election.

In the mean time, it's one big party. They don't listen to us when we protest. We are powerless until the elections come around, but by then, these individual fuckheads have set themselves up for life. They never have to worry about working a blue collar job or losing their homes. They issue contracts using our money to line their buddy's pockets and take kickbacks.

There's no such thing as an honest politician. They're all corrupt as hell on both sides of the political fence. Very few people get rich by being honorable and honest and it's disturbing how many rich men are getting into public office these days.

I'm not saying all the money goes to waste or is misused, but if they stopped wasting what we give them and used common sense judgment, they'd never have to raise taxes again. In fact, I believe we'd be so far into the black that tax cuts would be called for. So I say fuck 'em. If you can hide it, hide it. Guarantee you, the politicians do.


By the way, I'm not bitter.

It might be important for folks to remember that if your important enough to be a politician, then you just might be too rich too be in the regular guy loop... we just spent 500 billion on a war. its not enough.. not one guy that has a lawn mower repair shop knows what that means in terms of ultimate dollars..

paul stanley said it best.. "Politicians and religious fanatics keep falling by the wayside as we keep rockin and rollin.. " and finding loop holes these crooks left for themselves is a nice driving force..

scarygirl wrote:If you could get away with not reporting all your income, would you? Why or why not?

I've done it every year. But, I generally have 2 W2's and 2 1099's every year. Say one of them is where I helped my Aunt out for two weeks working on a property, made $600 and had zero federal withheld, no I'm not going to report that. Because it will just bump up my total income and possibly fuck up my refund amount.

Rhiannon wrote:

scarygirl wrote:If you could get away with not reporting all your income, would you? Why or why not?

I've done it every year. But, I generally have 2 W2's and 2 1099's every year. Say one of them is where I helped my Aunt out for two weeks working on a property, made $600 and had zero federal withheld, no I'm not going to report that. Because it will just bump up my total income and possibly fuck up my refund amount.

please go into hidding!!

larryfromnextdoor wrote:

Rhiannon wrote:

scarygirl wrote:If you could get away with not reporting all your income, would you? Why or why not?

I've done it every year. But, I generally have 2 W2's and 2 1099's every year. Say one of them is where I helped my Aunt out for two weeks working on a property, made $600 and had zero federal withheld, no I'm not going to report that. Because it will just bump up my total income and possibly fuck up my refund amount.

please go into hidding!!

Psh. I'm not afraid. If the IRS ever comes after me, I'll trade off my impending doom by showing them where to find one of the biggest tax evaders they've been hunting for years. Yes, I'd do that, and yep I'd still sleep well at night too! See Larry, it's okay, I have it all planned out.

(Plus the ladies at HR Block told me it was okay to do this many years ago. It's nothing major to not report $40.00 of income, or even $400.00, I always overpay my taxes doublefold and sometimes I don't even file. The way I see it, me and the government are squared.)

larryfromnextdoor wrote:you have to do it right... the penitentiary is not an option.. if you own your own business then you are taxed to
absolute DEATH.. if you cant make it.. "screw you, PAY me",,, your city, your state, your govt is not your friend.. yet you have to pay it and do it right .. no other option.. what other animal works to death .. and gives away a 3rd of everything they make?

payroll tax--match that SSI baby
quarterly tax
property tax
franchise tax
= multiple thousands of dollars going out..most of it in January..

I own my own company, too. Here in Illinois, you can add the "Illinois Department of Employment Security" tax. It's a percentage of the payroll for each employee up to a salary of $11,000. The purpose is to be able to pay that employee unemployment should they get fired. I'm the only employee of my company. My company has to pay 4.3% of my first $11,000 in salary to the state just in case I fire myself.

Oh, and Illinois is such a joy that small businesses that used to pay state taxes quarterly now have to pay every month. We file the forms quarterly still, but they want the money sooner. I also love the $125 a year I have to send to the state to keep my business license.

I can't WAIT for the new taxes to kick in that we have to pay to bail out public transit for Chicago. Considering I take a train about once every 5 years, I'm thrilled about that one!