What a Wonderful Morning

Well, I just micturated away $58,868.13 into the loving arms of the
state and feds this morning... Now where are those fat cat deductions
that allow me to pay zero, that all the rabble rousers keep bringing
up?

denny

You mean you didn't get a Bush economic stimulus check? me either.
and you no longer qualify to get an exemption for your kids? me either
and you can't get the child tax credit? me either
and you don't get any standard deductions nor do you qualify to itemize
deductions? me either.
I have exactly two deductions, unreimbursed business expenses and real
estate taxes paid. That's it.
My net net effective federal tax rate (tax paid divided by gross income, not
the so called tax bracket) was 30%

Yesterday I saw that little midget Robert Reich on MSNBC tell the entire
world that "Conservatives don't pay taxes." I just about died... because
that must make me a liberal.

Necessary aviation content: Uncle Sam owes me a nice new Piper Archer. Oh,
and 1st quarter estimates are due in a few days, so Sammy, be prepared to
throw in a spare engine for that puppy, would ya?

Jim

"Denny" wrote in message
...
Well, I just micturated away $58,868.13 into the loving arms of the
state and feds this morning... Now where are those fat cat deductions
that allow me to pay zero, that all the rabble rousers keep bringing
up?

denny

On Apr 11, 5:08*am, Denny wrote:
Well, I just micturated away $58,868.13 into the loving arms of the
state and feds this morning... *Now where are those fat cat deductions
that allow me to pay zero, that all the rabble rousers keep bringing
up?

denny

Yep me to. Also didn't qualify for that great Bush check (make too
much), also didn't get to deduct most of my deductions because AMT
just backed them out. Then there's the California state income taxes.
The next time someone asks where I work I'm going to say I work for
the IRS because it feels like that's where my money goes.

Its funny that they have this long 1040 and all the docs that go with
it and in the end you just end up paying whatever the AMT form says.
Why do they bother with all the other crap?

-Robert

Isn't that the truth!
My tax return measured 7/16" thick... it could have done on a post card.
The first sentence saying "Hey sucker, you didn't qualify for any deductions
last year, if you think you do this year, you have to prove it"
The second sentence the formula for the tax. Gross - real estate taxes
paid - unreimbursed business expenses x .3 -estimates paid = tax you owe or
refund.

"Denny" wrote

Well, I just micturated away $58,868.13 into the loving arms of the
state and feds this morning... Now where are those fat cat deductions
that allow me to pay zero, that all the rabble rousers keep bringing
up?

Be grateful that you make enough to have to pay almost 59 thousand dollars.

That is more than my gross pay for the year.

Sorry, but I don't feel much pity for you.
--
Jim in NC

"Denny" wrote in message
...
Well, I just micturated away $58,868.13 into the loving arms of the
state and feds this morning... Now where are those fat cat deductions
that allow me to pay zero, that all the rabble rousers keep bringing
up?

Hey! You can afford it. You're buzzing around in your own airplane. You're
not eating beans and cat food are you? :~)

On Apr 11, 3:45 pm, "Matt W. Barrow"
wrote:
"Denny" wrote in message

...

Well, I just micturated away $58,868.13 into the loving arms of the
state and feds this morning... Now where are those fat cat deductions
that allow me to pay zero, that all the rabble rousers keep bringing
up?

Hey! You can afford it. You're buzzing around in your own airplane. You're
not eating beans and cat food are you? :~)

I am now; I just paid my taxes. Someday Atlas will shrug; I hope it's
in my life time.

-Robert

On Apr 11, 5:09*pm, john smith wrote:
Jim Burns wrote:
I don't like being wealthy, its a lot of work.

Don't worry. The Gov't is doing everything in its power to rid you of
that burden.

-robert

On 2008-04-11, Morgans wrote:
"Denny" wrote
Well, I just micturated away $58,868.13 into the loving arms of the
state and feds this morning... Now where are those fat cat deductions
that allow me to pay zero, that all the rabble rousers keep bringing
up?
Be grateful that you make enough to have to pay almost 59 thousand dollars.
That is more than my gross pay for the year.
Sorry, but I don't feel much pity for you.

I do...because I hope to be making that much money one day, and the ides of
giving that much of it to the government to waste irritates me no end.
--
Jay Maynard, K5ZC http://www.conmicro.com
http://jmaynard.livejournal.com http://www.tronguy.net
Fairmont, MN (FRM) (Yes, that's me!)
AMD Zodiac CH601XLi N55ZC (ordered 17 March, delivery 2 June)

"Jay Maynard" wrote in message

I do...because I hope to be making that much money one day, and the ides
of
giving that much of it to the government to waste irritates me no end.

Can't say I care much one way or the other how much you make Jay, as long as
you are scrupulously honest about it. I would gladly pay MORE than I do now
if the gov't would apply the same care to their spending as I do. I believe
heavily in supporting my fellow man, without the assistance of a fictional
god, and the gov't is the best tool I have to do that, but they're all
frigged up. They pay themselves first, their buddies second, their
supporters third, and the people who really need it last.