Where has all the money gone...

desert dude · Jan 2, 2013

ChesusRice said:
How did you work 58.6 years
earn 113k each year
to get 400k in contributions to social security you lying racist piece of shit?

I have been working since age 16. The SS tax rate is 12.4%, currently. The SS cap is $110K, not $113K. You and the tax evading leach can probably do the math between mutual jack off sessions.

desert dude · Jan 2, 2013

UncleBuck said:
you don't have to file a return on $0.00, do you?

Ginwilly has offered to help you with your returns. I think a good socialist such as yourself would be happy to contribute to the "social contract". Tax evading leach.

ChesusRice · Jan 2, 2013

desert dude said:
i have been working since age 16. The ss tax rate is 12.4%, currently. The ss cap is $110k, not $113k. You and the tax evading leach can probably do the math between mutual jack off sessions.

110000 /12.4% = 13640
400000/13640 =29.3255

so you claim to of made 110000 dollars self employed for 29.3255 years

ginwilly · Jan 2, 2013

UncleBuck said:
but i don't sell it, i take donations as reimbursement for supplies and utilities involved in production.

UncleBuck said:
i don't deduct supplies and utilities, i buy them or provide them.

what's the tax rate on $0.00?

how do you get to zero with no deductions?

UncleBuck · Jan 2, 2013

desert dude said:
I have been working since age 16. The SS tax rate is 12.4%, currently. The SS cap is $110K, not $113K. You and the tax evading leach can probably do the math between mutual jack off sessions.

the SS tax rate is actually at 4.2% right now, down from 6.2% historically. rat.

desert dude · Jan 2, 2013

ChesusRice said:
110000 /12.4% = 13640
400000/13640 =29.3255

so you claim to of made 110000 dollars self employed for 29.3255 years

See what a little initiative can get you. You ought to try it.

UncleBuck · Jan 2, 2013

ginwilly said:
how do you get to zero with no deductions?

if i spend $10,000 to produce 10 widgets, i accept a $1,000 per widget donation to reimburse those supplies and utilities.

desert dude · Jan 2, 2013

UncleBuck said:
the SS tax rate is actually at 4.2% right now, down from 6.2% historically. rat.

Tax evading leach.

Honor the "social contract" that you weep over so often. It is your civic duty. Tax evading leach.

desert dude · Jan 2, 2013

UncleBuck said:
if i spend $10,000 to produce 10 widgets, i accept a $1,000 per widget donation to reimburse those supplies and utilities.

And you still have enough left over to, "cover your rent and utilities for the next year". Tax evading leach.

ginwilly · Jan 2, 2013

UncleBuck said:
if i spend $10,000 to produce 10 widgets, i accept a $1,000 per widget donation to reimburse those supplies and utilities.

That's what is great about hobby classification. If making widgets is just a hobby what you spent is immaterial to our government. The donations you accept is what is taxed.

If making widgets is your business and you claim that you are living off of zero, expect an audit.

UncleBuck · Jan 2, 2013

desert dude said:
Tax evading leach.

Honor the "social contract" that you weep over so often. It is your civic duty. Tax evading leach.

i signed a W4 and made a few thousand of those gubbmint taxed fed reserve notes this year, chill your pussy out.

UncleBuck · Jan 2, 2013

ginwilly said:
That's what is great about hobby classification. If making widgets is just a hobby what you spent is immaterial to our government. The donations you accept is what is taxed.

If making widgets is your business and you claim that you are living off of zero, expect an audit.

so is it a hobby or a business now?

i was under the impression that the tax on $0.00 is $0.00.

UncleBuck · Jan 2, 2013

does everyone here make sure to put down their christmas presents on their tax returns?

CannabisCorps · Jan 2, 2013

ChesusRice said:
You put in 400k huh?

Slight brag...

desert dude · Jan 2, 2013

UncleBuck said:
so is it a hobby or a business now?

i was under the impression that the tax on $0.00 is $0.00.

File the proper government tax return forms and find out. It is your civic duty. Tax evading leach.

ChesusRice · Jan 2, 2013

desert dude said:
File the proper government tax return forms and find out. It is your civic duty. Tax evading leach.

desert dude said:
i have been working since age 16. The ss tax rate is 12.4%, currently. The ss cap is $110k, not $113k. You and the tax evading leach can probably do the math between mutual jack off sessions.

110000 /12.4% = 13640
400000/13640 =29.3255

so you claim to of made 110000 dollars self employed for 29.3255 years

kpmarine · Jan 2, 2013

desert dude said:
See what a little initiative can get you. You ought to try it.

So what job did you land in 1983, at the age of 16, that paid $110,000 a year? Especially "self employed", I wasn't aware you could hold a business license at 16.

UncleBuck · Jan 2, 2013

desert dude said:
Rent and utilities for a year is free? Tax evading leach.

Cool story, bro.

i find a place to stay and heat to keep me and my plants from freezing to be rather "utile" in the production of cannabis, thus it is a utility.

echelon1k1 · Jan 2, 2013

desert dude said:
There are groovy charts at the link if you are into that sort of thing.

http://www.heritage.org/federalbudget/budget-entitlement-programs

"Medicare, Medicaid, and Social Securityalong with other entitlements such as food stamps, unemployment, and housing assistance make up 62 percent of all federal spending. In contrast, spending on foreign aid represents about 1 percent."

How much do the citizens owe to the Federal reserve?

UncleBuck · Jan 2, 2013

kpmarine said:
So what job did you land in 1983, at the age of 16, that paid $110,000 a year? Especially "self employed", I wasn't aware you could hold a business license at 16.

whatever he does, he can thank socialism for the opportunity. he is the beneficiary of what was described as a "welfare program" at the time it was implemented.

with desert rat, he would have been on the front lines crying about gubbmint welfare without a doubt.

Where has all the money gone...

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