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CID1990 wrote:A hyphenated last name is almost always a sign of a difficult person.
What does this pic have to do with MHP...???SuperHornet wrote:Melissa Harris-Perry and her husband have been slapped with a $70K lein by the IRS for failure to pay taxes. She claims they fell behind due to several "personal crises." Apparently, she paid back about a third of it yesterday....
https://pbs.twimg.com/media/CCwOKwQUgAEhCJq.jpg:small
bandl wrote:What does this pic have to do with MHP...???SuperHornet wrote:Melissa Harris-Perry and her husband have been slapped with a $70K lein by the IRS for failure to pay taxes. She claims they fell behind due to several "personal crises." Apparently, she paid back about a third of it yesterday....
https://pbs.twimg.com/media/CCwOKwQUgAEhCJq.jpg:small
LMFAO at everyone who commented on this thread without clicking the link.bandl wrote:What does this pic have to do with MHP...???SuperHornet wrote:Melissa Harris-Perry and her husband have been slapped with a $70K lein by the IRS for failure to pay taxes. She claims they fell behind due to several "personal crises." Apparently, she paid back about a third of it yesterday....
https://pbs.twimg.com/media/CCwOKwQUgAEhCJq.jpg:small
As they should considering they benefit the most from the system.JohnStOnge wrote:I'm not going to rag on her for this. I know from experience that if you get outside of the common thing where you work for somebody else and they do withholding on your paycheck it gets very complicated and you can find yourself in a bind. I say that because my wife is self employed and has to do the estimated taxes thing and such.
Personally I think we ought to pass a law where there is no paycheck tax withholding and everybody just got their gross salary minus deductions for insurance, retirement and such then had to pay estimated taxes like self employed people do. I think people would get a much better appreciation for their tax burden if they did that and maybe there would be some clamoring for chopping back on government.
Not a slam dunk because most of us aren't carrying our "fair share" to begin with as "the rich" are pretty much pulling the wagon. But it'd be a start.
https://news.vice.com/article/here-is-s ... l-be-spent" onclick="window.open(this.href);return false;DOD's $589 billion budget, about one-third ($195 billion) is spent on "personnel compensation and benefits."
This is a wonderful bit of data for a few reasons. First, any organization with a payroll budget of $195 billion — that's roughly the GDP of the Czech Republic — is what accountants refer to as fucking immense. Second, the US accounts for something like 40 percent of the world's defense spending, but the DOD payroll and benefits budget alone is — depending on how you count and who you ask — more than China's entire defense budget. And third, DOD bigwigs are painfully aware that they're spending a third of their money on payroll and benefits, which is why their interest in automation and cool robots goes far beyond flying a few drones……...
One notion that's perpetually popular is the idea that rich folks should be made to cough up more. While the US tax system is progressive — meaning that rich people hand over a larger percentage of their incomes in taxes than others — it's only just barely progressive, at least according to Citizens for Tax Justice. Some numbers to illustrate that fact: The richest 1 percent of people in the US account for 21.6 percent of all income, but account for 23.7 percent of all tax revenue. The country's poorest 20 percent have 3.3 percent of all income, but pay 2.1 percent of all taxes. Added together, the top 5 percent of income earners pitch in about 40 percent of tax revenue. Put another way, the individual tax receipts of the country's wealthiest 5 percent pay for the entire defense budget…...
The surprise is not that the US government is a hideous jumble of inertia, confusion, and dysfunction. The surprise is that it works as well as it does.
The other big take away is that most of the money the government collects in the form of taxes comes out of the pockets of individuals, and is then distributed back to and spent on individuals in the form of Medicare, Medicaid, and Social Security. All the odds and ends about how much this or that program costs, or whether there's a loophole exempting corporate cocaine-party yachts from sales tax, makes a relatively minuscule difference in the big picture. They're just a lot more fun to debate.
