Originally posted by Timothy Horton
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Originally posted by joe strong View Posti paid like $40000 in income tax last year...am i on the wrong thread? thought this was a post pic thread?
haha tangents. i saw some total nonsense about taxes in the states and thought i'd clear it up.
13% lol.
i wish, tom jones!
i wish
you're canadian, right joe?
i know you make bank, so you must pay out the ass in taxes, but i'm sure you get back what you pay for on some level (health care, etc)
if you were to pay 40k in state and federal income taxes in america you'd either be ungodly rich (making say 250K or 300K a year,)
or you need an accountant because you should be paying a boatload less.
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Originally posted by New England View Posthaha tangents. i saw some total nonsense about taxes in the states and thought i'd clear it up.
13% lol.
i wish, tom jones!
i wish
you're canadian, right joe?
i know you make bank, so you must pay out the ass in taxes, but i'm sure you get back what you pay for on some level (health care, etc)
if you were to pay 40k in state and federal income taxes in america you'd either be ungodly rich (making say 250K or 300K a year,)
or you need an accountant because you should be paying a boatload less.
Originally posted by UglyPug View PostTo put it in perspective, how good we have it compared to Scandinavian countries like Denmark - their tax rate for the top income bracket is like 65%, opposed to 35% for USA (and that's if you're making well over 300k per). . .
I honestly USA is the ideal system to balance social needs and independent financial freedom. . . Few adjustments maybe.
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