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Thread: US Politics Thread, 2.0

  1. #18041
    Donor erichkknaar's Avatar
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    Quote Originally Posted by Straight Hustlin View Post
    Quote Originally Posted by erichkknaar View Post
    In the US, income is income, and it's all taxable to some degree. If your income for the year was only the stimulus checks, you probably won't pay any effective federal tax on an income that low. All kinds of standard deductions will likely push your tax burden to zero. If, however, that is added to some other income, and you are earning say, 25k, you'll pay some tax, and you still have social security and Medicare contributions to pay. Again, there will likely be deductions you will be able to apply to effectively take your taxes to zero.
    Pretty much covers it. Most social benefits, such as unemployment or disability, you have the option to have your taxes withheld from your payments. However the stimmy checks didnt have this option, you just got it, so you're on the hook for x% of it depending on your income level. So worst case I think you would owe like $400ish on it but thats still not great for people who are living on the razors edge.


    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Keckers View Post
    Are those deductions decided on the federal or state level?
    Depends on the state, California has higher than most, so, there is a tax on income I pay, and far less deductions are possible on it, although there are some. There are many, many more deductions at federal level. From things like a credit toward taxes you paid locally, car registration (which is state) to simple "Standard Deduction" and things like tax credits for kids.

    Other states, like Washington, for example, has no personal income tax.
    [strike]Not really related to this, but I believe the federal deduction for local taxes has been removed.[/strike]
    edit: nvm they capped it
    yeah. It won't cover the property tax bill in most coastal cities anymore, so in effect, the republicans under trump hella raised taxes, unless you own lots of properties, then there are a whole lot of other situations you can apply as a business...
    meh

  2. #18042

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    The stimulus checks are not taxable income. Unemployment is. Not unusual for unemployment to be taxed since you're paid a percentage of what you used to earn.

  3. #18043
    Alistair's Avatar
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    Stimulus Checks are not taxable income.

    https://www.fool.com/taxes/are-stimulus-checks-taxable/


  4. #18044
    Jack Coutu's Avatar
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    The idiocy of taxing people on unemployment in a pandemic who are already suffering is beyond stupid though. Can't wait for the thousands of cases costing far in excess of what they'd ever be able to bring in for revenue to hit the floor.

    Being poor is the most expensive situation in this bat shit country.

  5. #18045
    Lief Siddhe's Avatar
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    Welcome to Planet Earth I guess.
    I was somewhere around Old Man Star, on the edge of Essence, when drugs began to take hold.

  6. #18046
    Movember 2011Movember 2012 Nordstern's Avatar
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    Don't watch if you have faith in humanity.

    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...
    Johns Hopkins CSSE COVID-19 Dashboard

  7. #18047
    Joshua Foiritain's Avatar
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    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.

    Looks like a pretty normal day in America.



  8. #18048

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    The republicans in a nutshell (or two pictures in this case):


  9. #18049
    Alistair's Avatar
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    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.


  10. #18050
    Lachesis VII's Avatar
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    Quote Originally Posted by Alistair View Post
    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.
    I mean we wouldn't be here if we didn't cooperate with each other most of the time.

  11. #18051
    Movember '11 Best Facial Hair, Best 'Tache Movember 2011Movember 2012Donor helgur's Avatar
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  12. #18052

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    Quote Originally Posted by Lachesis VII View Post
    Quote Originally Posted by Alistair View Post
    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.
    I mean we wouldn't be here if we didn't competed against each other most of the time.
    FYP

  13. #18053

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    Quote Originally Posted by Hel OWeen View Post
    Quote Originally Posted by Lachesis VII View Post
    Quote Originally Posted by Alistair View Post
    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.
    I mean we wouldn't be here if we didn't competed against each other most of the time.
    FYP
    Handy way to excuse shitty ideals, always has been but that and nothing more.

  14. #18054
    Movember '12 Best Facial Hair Movember 2012Donor Lallante's Avatar
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    Quote Originally Posted by Alistair View Post
    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.
    Dumb edgy viewpoint, 2000 years ago we lived in squalor and died aged 40 if we were lucky. Humanity has achieved a shitload

  15. #18055
    evil edna's Avatar
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    But imagine how much more we could achieve without capitalism

  16. #18056
    NoirAvlaa's Avatar
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    Quote Originally Posted by Lallante View Post
    Quote Originally Posted by Alistair View Post
    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.
    Dumb edgy viewpoint, 2000 years ago we lived in squalor and died aged 40 if we were lucky. Humanity has achieved a shitload
    AKHTUALLEH if you survived being a kid 2000 years ago you'd generally live until like 65 or something on average
    Quote Originally Posted by Djan Seriy Anaplian View Post
    Also that didn't sound like abloo bloo to me, PM me and we can agree on a meeting spot and settle this with queensberry rules, that's a serious offer btw. I've been a member of this community since 2005 and i've never met a more toxic individual.

  17. #18057
    Movember 2011 RazoR's Avatar
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    Quote Originally Posted by NoirAvlaa View Post
    Quote Originally Posted by Lallante View Post
    Quote Originally Posted by Alistair View Post
    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.
    Dumb edgy viewpoint, 2000 years ago we lived in squalor and died aged 40 if we were lucky. Humanity has achieved a shitload
    AKHTUALLEH if you survived being a kid 2000 years ago you'd generally live until like 65 or something on average
    This should be sarcasm.

  18. #18058
    Alistair's Avatar
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    Quote Originally Posted by Lallante View Post
    Quote Originally Posted by Alistair View Post
    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.
    Dumb edgy viewpoint, 2000 years ago we lived in squalor and died aged 40 if we were lucky. Humanity has achieved a shitload
    None of which had anything to do with "having faith" in humanity. In point of fact, we've been our own worst enemy in terms of advancing the species.

    And over that 2,000 years, we've engaged regularly in every kind of horrific barbaric abuse of life, planet and more possible.

    No one ever went poor betting of the passive and active inhumanity of human beings.

    Point being (since it was a specific reply to a specific video of a specific thing) that "having faith" in humanity when it comes to racial or ethnic or "the other" hatreds suddenly going away is laughably na´ve, and a seriously well educated, very smart guy like you know it.


  19. #18059
    Joe Appleby's Avatar
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    Quote Originally Posted by NoirAvlaa View Post
    Quote Originally Posted by Lallante View Post
    Quote Originally Posted by Alistair View Post
    Quote Originally Posted by Nordstern View Post
    Don't watch if you have faith in humanity.
    Why on earth would anyone have faith in humanity?

    Thousands of years of history shows that to be quite foolish.
    Dumb edgy viewpoint, 2000 years ago we lived in squalor and died aged 40 if we were lucky. Humanity has achieved a shitload
    AKHTUALLEH if you survived being a kid 2000 years ago you'd generally live until like 65 or something on average
    Why must you post what I wanted to post?

    I'm proud of you now.

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    nevar forget

  20. #18060

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    Closer to 50.

    The first Roman emperor lived to 75 and that was remarkably old for the time.

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