[ ]   [ ]   [ ]                        [ ]      [ ]   [ ]

Climate Change - R_P - May 26, 2020 - 8:27pm
 
Race in America - R_P - May 26, 2020 - 7:18pm
 
Trump - Red_Dragon - May 26, 2020 - 6:55pm
 
Radio Paradise Comments - pdhski - May 26, 2020 - 6:47pm
 
Squirrels Just Want To Have Fun! - R_P - May 26, 2020 - 6:05pm
 
Name My Band - oldviolin - May 26, 2020 - 6:01pm
 
Unable to stream via Echo 8 - Jonmarvin - May 26, 2020 - 5:08pm
 
Australia and New Zealand Music - haresfur - May 26, 2020 - 4:22pm
 
Trump Lies - haresfur - May 26, 2020 - 3:43pm
 
Economix - haresfur - May 26, 2020 - 3:39pm
 
COVID-19 - haresfur - May 26, 2020 - 3:29pm
 
Well, DUH!! - Red_Dragon - May 26, 2020 - 3:27pm
 
Counting with Pictures - Proclivities - May 26, 2020 - 1:53pm
 
Happy Birthday To Me! - kcar - May 26, 2020 - 1:42pm
 
FLAC Streaming - Ohewitt - May 26, 2020 - 10:48am
 
Derplahoma Questions and Points of Interest - Red_Dragon - May 26, 2020 - 10:15am
 
Environment - R_P - May 26, 2020 - 9:38am
 
Things You Thought Today - black321 - May 26, 2020 - 7:48am
 
260,000 Posts in one thread? - Proclivities - May 26, 2020 - 7:28am
 
Mixtape Culture Club - ColdMiser - May 26, 2020 - 7:24am
 
Vinyl Only Spin List - kurtster - May 26, 2020 - 7:20am
 
Way Cool Video - miamizsun - May 26, 2020 - 7:06am
 
Outstanding Covers - ScottFromWyoming - May 25, 2020 - 8:22pm
 
New Song Submissions system - KurtfromLaQuinta - May 25, 2020 - 6:52pm
 
Tech & Science - Steely_D - May 25, 2020 - 2:54pm
 
UK Heos Denon not available - Patienceman - May 25, 2020 - 1:50pm
 
2020 Elections - sirdroseph - May 25, 2020 - 12:40pm
 
Sonos - toomanyollys - May 25, 2020 - 11:02am
 
HELP! Sound Cutting out problem - BillG - May 25, 2020 - 10:17am
 
• • • The Once-a-Day • • •  - oldviolin - May 25, 2020 - 9:53am
 
Capitalism and Consumerism... now what? - Red_Dragon - May 25, 2020 - 7:08am
 
Phine Phound Photographs - haresfur - May 24, 2020 - 9:28pm
 
RP Main Mix on TuneIn unavailable? - BillG - May 24, 2020 - 6:42pm
 
Taxes, Taxes, Taxes (and Taxes) - haresfur - May 24, 2020 - 2:35pm
 
Tidal / Spotify - Steely_D - May 24, 2020 - 1:05pm
 
Movie Recommendation - rhahl - May 24, 2020 - 11:32am
 
RP App problems on iPod? - jtessier1841 - May 24, 2020 - 9:52am
 
YouTube: Music-Videos - sirdroseph - May 24, 2020 - 6:58am
 
In My Room - buddy - May 23, 2020 - 5:34pm
 
Interesting or Weird Cover Versions - Coaxial - May 23, 2020 - 1:29pm
 
(Big) Media Watch - Lazy8 - May 23, 2020 - 12:31pm
 
Fake News*  ?  ! - R_P - May 23, 2020 - 12:27pm
 
Strips, cartoons, illustrations - R_P - May 23, 2020 - 12:17pm
 
Google Home NOT compatible?? - d_m_g_3 - May 23, 2020 - 9:32am
 
Lyrics that strike a chord today... - oldviolin - May 22, 2020 - 9:22pm
 
Shall We Dance? - buddy - May 22, 2020 - 9:09pm
 
HALF A WORLD - oldviolin - May 22, 2020 - 8:48pm
 
Things for which you would sell ManBird's soul - oldviolin - May 22, 2020 - 3:05pm
 
New Music - R_P - May 22, 2020 - 12:49pm
 
Sunrise, Sunset - Coaxial - May 22, 2020 - 11:05am
 
Weird Science stories - Red_Dragon - May 22, 2020 - 8:37am
 
How's the weather? - Proclivities - May 22, 2020 - 8:00am
 
Play the Blues - sirdroseph - May 22, 2020 - 5:52am
 
What Did You Do Today? - kurtster - May 22, 2020 - 3:19am
 
Dropouts on Bluesound PulseFlex2i - nieroster - May 22, 2020 - 2:01am
 
Bug Reports & Feature Requests - gtufano - May 21, 2020 - 11:46pm
 
Attention Class! Time for Geography - haresfur - May 21, 2020 - 10:08pm
 
Automotive Lust - KurtfromLaQuinta - May 21, 2020 - 9:30pm
 
Pernicious Pious Proclivities Particularized Prodigiously - R_P - May 21, 2020 - 2:56pm
 
The Obituary Page - miamizsun - May 21, 2020 - 12:00pm
 
What's on SFW's PSD? - oldviolin - May 21, 2020 - 11:20am
 
I want an iPhone!!! - miamizsun - May 21, 2020 - 10:05am
 
Progressive Web Apps - partev - May 21, 2020 - 8:19am
 
RP app for LG OLED TV - BillG - May 21, 2020 - 8:16am
 
Hell's Kitchen - islander - May 21, 2020 - 8:14am
 
the Todd Rundgren topic - miamizsun - May 21, 2020 - 4:55am
 
RP App for Android - jarro - May 20, 2020 - 10:30pm
 
Amazing animals! - R_P - May 20, 2020 - 4:16pm
 
WORDS OF WISDOM - Proclivities - May 20, 2020 - 3:20pm
 
Glitch with adding RP as service to Sonos - BillG - May 20, 2020 - 11:03am
 
Rare Beatles Art - Proclivities - May 20, 2020 - 8:29am
 
The All-Things Beatles Forum - buddy - May 20, 2020 - 7:50am
 
Solar / Wind / Geothermal / Efficiency Energy - islander - May 20, 2020 - 7:18am
 
Take Me to the Bridge - sirdroseph - May 20, 2020 - 4:34am
 
NASA & other news from space - KarmaKarma - May 19, 2020 - 3:47pm
 
Index » Regional/Local » USA/Canada » Taxes, Taxes, Taxes (and Taxes) Page: 1, 2, 3 ... 71, 72, 73  Next
Post to this Topic
haresfur

haresfur Avatar

Location: The Golden Triangle
Gender: Male


Posted: May 24, 2020 - 2:35pm



 rgio wrote:


 buddy wrote:


 kurtster wrote:

There are more links, one of which takes you to the WSJ that comes to the same conclusion.
 
Don’t forget Faux News, I’m sure it supports your position as always.

 
Tax is a combination of taxable base and rate.  The income tax rate is what started this conversation, and is the easy data element to compare.  The taxable base is much more complicated.  If you at the combination since the 50's, the costs to the top tier are down, but only (not meant as a judgment) 5%-10%.  

The problem with the focus of the chart is that it ignores the "other" taxes now collected.  Income taxes are only about one-third of the total revenue that governments receive.  Social taxes, business taxes, and value-added taxes (sales tax, real estate tax, gas taxes, vice taxes (cigarettes & alcohol), tariffs) make up the rest.  These taxes are generally at flat rates, which have gone up dramatically over the years.  

The percentage of personal income that goes toward all taxes has increased dramatically more for lower-income families than it has for the top half of Americans.  Looking at a few rates doesn't tell the story.  

There is no doubt the rules are tilted in favor of the wealthy.  In NJ for example, every fast food meal is taxed at 6.625%.  Meanwhile, NJ has a limit of $20k of tax on a yacht.  Go buy yourself a $500k boat, and it'll cost you $20k instead of the $33k it would cost buying happy meals.  The house down the street from me saves tens of thousands of dollars per year in taxes because he claims "farm rates" on his 40 acres by selling $200 worth of wood per year to someone.   

Anyone suggesting tax policy has evenly apportioned the US cost increases since the 1950's is either ignorant or dishonest.  
 


rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: May 24, 2020 - 9:29am



 buddy wrote:


 kurtster wrote:

There are more links, one of which takes you to the WSJ that comes to the same conclusion.
 
Don’t forget Faux News, I’m sure it supports your position as always.

 
Tax is a combination of taxable base and rate.  The income tax rate is what started this conversation, and is the easy data element to compare.  The taxable base is much more complicated.  If you at the combination since the 50's, the costs to the top tier are down, but only (not meant as a judgment) 5%-10%.  

The problem with the focus of the chart is that it ignores the "other" taxes now collected.  Income taxes are only about one-third of the total revenue that governments receive.  Social taxes, business taxes, and value-added taxes (sales tax, real estate tax, gas taxes, vice taxes (cigarettes & alcohol), tariffs) make up the rest.  These taxes are generally at flat rates, which have gone up dramatically over the years.  

The percentage of personal income that goes toward all taxes has increased dramatically more for lower-income families than it has for the top half of Americans.  Looking at a few rates doesn't tell the story.  

There is no doubt the rules are tilted in favor of the wealthy.  In NJ for example, every fast food meal is taxed at 6.625%.  Meanwhile, NJ has a limit of $20k of tax on a yacht.  Go buy yourself a $500k boat, and it'll cost you $20k instead of the $33k it would cost buying happy meals.  The house down the street from me saves tens of thousands of dollars per year in taxes because he claims "farm rates" on his 40 acres by selling $200 worth of wood per year to someone.   

Anyone suggesting tax policy has evenly apportioned the US cost increases since the 1950's is either ignorant or dishonest.  
Lazy8

Lazy8 Avatar

Location: The Gallatin Valley of Montana
Gender: Male


Posted: May 24, 2020 - 9:09am

buddy wrote:
Don’t forget Faux News, I’m sure it supports your position as always.

It's a simple statement of fact. It's true or it's not, doesn't matter where you read it.

I don't have a WSJ subscription so I had to read the article on Phil Magness' web site. His methodology is clear and his criticism is straightforward and easy to follow. His article fits in the classical tradition of intellectual inquiry: someone makes a claim, someone else challenges it, data is produced, data is criticized, multiple minds examine the problem and we get closer to the truth.

In this case it appears that the original author cherry-picked data to reach the conclusion he wanted and other economists called him on it. That (original) conclusion appeals to you, but that doesn't make it true or the analysis honest.

That news came to you (and RP) via a vector you (and RP) dismiss out of hand, apparently without examining. This ought to be a lesson to you: your biases have kept you believing something false. Not an unusual situation on the topic of taxation; misinformation abounds, and ideology often trumps data in what people believe.  When a conclusion matches your prejudices it's all the more reason to examine that conclusion.
buddy

buddy Avatar

Location: Denver
Gender: Male


Posted: May 24, 2020 - 8:04am



 kurtster wrote:

There are more links, one of which takes you to the WSJ that comes to the same conclusion.
 
Don’t forget Faux News, I’m sure it supports your position as always.

kurtster

kurtster Avatar

Location: drifting
Gender: Male


Posted: May 23, 2020 - 7:51pm

 R_P wrote:
 kurtster wrote:
Debunked.  In the comments you did not read.  Try again.
 
A comment you cherry-picked (must have had some special appeal to a supposed "poor person" or maybe it was just the first comment that disagreed) proves it's debunked by "serious economists?" Hardly.
 
There are more links, one of which takes you to the WSJ that comes to the same conclusion.
R_P

R_P Avatar



Posted: May 23, 2020 - 11:34am

 kurtster wrote:
Debunked.  In the comments you did not read.  Try again.
 
A comment you cherry-picked (must have had some special appeal to a supposed "poor person" or maybe it was just the first comment that disagreed) proves it's debunked by "serious economists?" Hardly.
kurtster

kurtster Avatar

Location: drifting
Gender: Male


Posted: May 23, 2020 - 8:38am

 Red_Dragon wrote: 

Debunked.  In the comments you did not read.  Try again.

ScottFromWyoming

ScottFromWyoming Avatar

Location: Powell
Gender: Male


Posted: May 23, 2020 - 7:16am



 Red_Dragon wrote:
 

IS IT TRICKLING DOWN YET? 

Red_Dragon

Red_Dragon Avatar



Posted: May 23, 2020 - 6:15am

This is messed up.
kurtster

kurtster Avatar

Location: drifting
Gender: Male


Posted: Apr 17, 2020 - 4:26pm

 steeler wrote:


 miamizsun wrote:


 steeler wrote:
Tried the past 2 days to use the IRS Get My Payment portal to enter direct deposit information for the economic stimulus checks but keep getting the “Status Unavailable” message after entering SSN, address, zip code. Not sure of the problem (maybe formatting for address), and am hearing/reading that many are having this or other problems accessing the portal.

Anyone know anything about this or had success using the portal? 
 

i thought i heard a tax professional say that if they have your direct deposit info from the previous year/return they'll use it

i pay every year so i tried to log on and after a bit, i got on but it stopped me with a message like info entered didn't match their records

i have filed and paid for 2019 but the system may not reflect it, so i may have to use my 2018 info

friends and clients have rec'd stimulus so it is going out

just not sure of the order they're using

good luck and stay safe
 
I filed 2018; have not filed 2019, so IRS should use 2018. I wanted to enter my direct deposit information because did not have it on 2018 return, but, as I said, I cannot get past the entry of SSN, address, and zip code. Keeps saying Status Not Available at this time.  IRS site says this means certain things, like not being eligible, but none if those apply.  Many others apparently having same problem, but many others say they have used portal without problem. Can’t figure it out.

thanks, though.


 
Get the same message for both of us.  Filed for 2018 but not 2019 yet so the 2018 will keep us in the loop.

Who knows how it works.  We both have west coast SSN's that start with 5 and the last name starts with W.  Low numbers first, alphabetical first ?  You got me.

My bank has a page with the IRS link on it and says that going forward the payments will be issued on Wednesdays.

Still waiting for my unemployment to get processed, too.
BlueHeronDruid

BlueHeronDruid Avatar

Location: planting flowers


Posted: Apr 17, 2020 - 10:34am



 rgio wrote:
 
Standard SOP for new, smaller government under Trump:  Ready, Fire, Aim.

Stimulus should be sent to people who have lost their ability to earn in 2020.  I won't qualify for a payment even though I've been looking for a job for over a year.  My 2019 taxes aren't filed because I've been fighting an error-filled W-2 from a past employer that was finally resolved Wednesday night.

My daughter, who at 24 makes less than the single threshold by less than $1,000 (thanks to significant 401(k) contributions and stock options), is getting a check.  Her startup is actually thriving in this, and her job hasn't been impacted at all by this.  She doesn't deserve / need help...but help is on the way.

The money should have gone to the 20-30 million people now collecting unemployment.  No unemployment filing...no money.
 
Agreed. We got our "stimulus" money on the 15th, and we certainly didn't need it. Passed it on to dear friends who are up the creek with no paddle. Not sure if they'll get anything from the Treasury for the same reason as you.

Upped our Food Bank donation too. At least our community can make sure everyone is fed.

rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Apr 17, 2020 - 8:31am



 steeler wrote:
Tried the past 2 days and today to use the IRS Get My Payment portal to enter direct deposit information for the economic stimulus checks but keep getting the “Status Unavailable” message after entering SSN, address, zip code. Not sure of the problem (maybe formatting for address), and am hearing/reading that many are having this or other problems accessing the portal.

Anyone know anything about this or had success using the portal? 
 
Standard SOP for new, smaller government under Trump:  Ready, Fire, Aim.

Stimulus should be sent to people who have lost their ability to earn in 2020.  I won't qualify for a payment even though I've been looking for a job for over a year.  My 2019 taxes aren't filed because I've been fighting an error-filled W-2 from a past employer that was finally resolved Wednesday night.

My daughter, who at 24 makes less than the single threshold by less than $1,000 (thanks to significant 401(k) contributions and stock options), is getting a check.  Her startup is actually thriving in this, and her job hasn't been impacted at all by this.  She doesn't deserve / need help...but help is on the way.

The money should have gone to the 20-30 million people now collecting unemployment.  No unemployment filing...no money.
islander

islander Avatar

Location: Seattle
Gender: Male


Posted: Apr 17, 2020 - 7:50am



 miamizsun wrote:


 steeler wrote:



I filed 2018; have not filed 2019, so IRS should use 2018. I wanted to enter my direct deposit information because did not have it on 2018 return, but, as I said, I cannot get past the entry of SSN, address, and zip code. Keeps saying Status Not Available at this time.  IRS site says this means certain things, like not being eligible, but none if those apply.  Many others apparently having same problem, but many others say they have used portal without problem. Can’t figure it out.

thanks, though.




 

maybe go back to the beginning

scrub your browser and grab your 2018 return ('m thinking they ask for agi) and your check book

try an off time

and see if there is any software conflict

i'd normally say give them a call but they're way underwater

has anyone from the irs revealed their plan for implementing these payments

by ss number, income, etc.?




 

Probably by voting record, Loyalist first, high potential swing voters next, everyone else eventually, maybe. 
miamizsun

miamizsun Avatar

Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: Apr 17, 2020 - 7:06am



 steeler wrote:



I filed 2018; have not filed 2019, so IRS should use 2018. I wanted to enter my direct deposit information because did not have it on 2018 return, but, as I said, I cannot get past the entry of SSN, address, and zip code. Keeps saying Status Not Available at this time.  IRS site says this means certain things, like not being eligible, but none if those apply.  Many others apparently having same problem, but many others say they have used portal without problem. Can’t figure it out.

thanks, though.




 

maybe go back to the beginning

scrub your browser and grab your 2018 return ('m thinking they ask for agi) and your check book

try an off time

and see if there is any software conflict

i'd normally say give them a call but they're way underwater

has anyone from the irs revealed their plan for implementing these payments

by ss number, income, etc.?




steeler

steeler Avatar

Location: Perched on the precipice of the cauldron of truth


Posted: Apr 17, 2020 - 6:54am



 miamizsun wrote:


 steeler wrote:
Tried the past 2 days to use the IRS Get My Payment portal to enter direct deposit information for the economic stimulus checks but keep getting the “Status Unavailable” message after entering SSN, address, zip code. Not sure of the problem (maybe formatting for address), and am hearing/reading that many are having this or other problems accessing the portal.

Anyone know anything about this or had success using the portal? 

 

i thought i heard a tax professional say that if they have your direct deposit info from the previous year/return they'll use it

i pay every year so i tried to log on and after a bit, i got on but it stopped me with a message like info entered didn't match their records

i have filed and paid for 2019 but the system may not reflect it, so i may have to use my 2018 info

friends and clients have rec'd stimulus so it is going out

just not sure of the order they're using

good luck and stay safe
 
I filed 2018; have not filed 2019, so IRS should use 2018. I wanted to enter my direct deposit information because did not have it on 2018 return, but, as I said, I cannot get past the entry of SSN, address, and zip code. Keeps saying Status Not Available at this time.  IRS site says this means certain things, like not being eligible, but none if those apply.  Many others apparently having same problem, but many others say they have used portal without problem. Can’t figure it out.

thanks, though.




sunybuny

sunybuny Avatar

Location: The West & Best Coast of FLA
Gender: Female


Posted: Apr 17, 2020 - 6:54am

Ours arrived on Wednesday into the acc9ount we use for refunds. Nice to pay some big emergency bills.

 miamizsun wrote:


 steeler wrote:
Tried the past 2 days to use the IRS Get My Payment portal to enter direct deposit information for the economic stimulus checks but keep getting the “Status Unavailable” message after entering SSN, address, zip code. Not sure of the problem (maybe formatting for address), and am hearing/reading that many are having this or other problems accessing the portal.

Anyone know anything about this or had success using the portal? 

 

i thought i heard a tax professional say that if they have your direct deposit info from the previous year/return they'll use it

i pay every year so i tried to log on and after a bit, i got on but it stopped me with a message like info entered didn't match their records

i have filed and paid for 2019 but the system may not reflect it, so i may have to use my 2018 info

friends and clients have rec'd stimulus so it is going out

just not sure of the order they're using

good luck and stay safe
 


miamizsun

miamizsun Avatar

Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: Apr 17, 2020 - 6:42am



 steeler wrote:
Tried the past 2 days to use the IRS Get My Payment portal to enter direct deposit information for the economic stimulus checks but keep getting the “Status Unavailable” message after entering SSN, address, zip code. Not sure of the problem (maybe formatting for address), and am hearing/reading that many are having this or other problems accessing the portal.

Anyone know anything about this or had success using the portal? 

 

i thought i heard a tax professional say that if they have your direct deposit info from the previous year/return they'll use it

i pay every year so i tried to log on and after a bit, i got on but it stopped me with a message like info entered didn't match their records

i have filed and paid for 2019 but the system may not reflect it, so i may have to use my 2018 info

friends and clients have rec'd stimulus so it is going out

just not sure of the order they're using

good luck and stay safe
steeler

steeler Avatar

Location: Perched on the precipice of the cauldron of truth


Posted: Apr 17, 2020 - 6:03am

Tried the past 2 days and today to use the IRS Get My Payment portal to enter direct deposit information for the economic stimulus checks but keep getting the “Status Unavailable” message after entering SSN, address, zip code. Not sure of the problem (maybe formatting for address), and am hearing/reading that many are having this or other problems accessing the portal.

Anyone know anything about this or had success using the portal? 
rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Feb 11, 2020 - 11:16am

I'm a 6%er for this discussion....my taxes went up due to the limit on state and local tax deductions.

This is yet another example of Dems doing a totally crap job of defending their own policies and pointing out hypocrisy. 

When was the last time you heard a Republican praise increasing the minimum wage?  On January 1, 2020,  22 states and an equal number of cities had mandatory increases to minimum wage.  In 2018, 58.5 percent of all salaries in the US were for wage and salary workers.  Most of these measures were voted on during Obama's second term.  Washington state, for example, increased the minimum wage $1.50 last month (to $13.50 / a 12.5% raise), with the final increase to $15 coming next year.

The short term euphoria of the tax cuts was provided by a reduction in the withholding rates.  Those benefits are long gone.  In 2018 companies set a record with over $1 trillion in stock buy-backs.  That provided record dividends and an artificial increase in the markets.    Also important, all of the growth targets assumed by the White House have proven wishful thinking.  Look at the budget proposal yesterday...it assumes constant growth for the next 15 years well above the past 3-year performance of the "greatest economy in the history of the world".    None of the statements made by Trump regarding finances should be trusted...at least not until we see his tax returns.

While I'm at it....

The US unemployment rate in January 2010 was 9.8%.  When Trump took office, it was 4.7%.  It's now 3.6%.  The unemployment rate isn't a great indicator of resource utilization, but the realities of labor utilization are too complicated for most to care about.  The bottom line is that people don't "feel" better about employment...but simple metrics don't catch that.
black321

black321 Avatar

Location: An earth without maps
Gender: Male


Posted: Feb 11, 2020 - 9:19am

I'm in the little to no change camp.
Page: 1, 2, 3 ... 71, 72, 73  Next