You Make $100K/Year. You Pay $30,000 In Taxes PER YEAR. Where does that money go?

contract

::\\\ Motivªtion ///::
Dec 28, 2011
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California, USA
[warning sheep need not read; keep sipping that diet pepsi brah, enjoy that 5lb cheese block.]

.....

Let's say you own a business, you don't skirt the tax law, you pay your individual rate let's say 15% (lol), and 15.3% for being self employed. We'll say 30% like a good little boy.

Every single year you pay $30,000 out of that $100K.

$30,000.

In taxes.

If you live where I do..

The government makes sure the roads are free of snow.
And they fix potholes in the road every now and then.
... And that's it.

....

Now I don't have kids, but if I did. $30,000/year is an awful lot of $$$ to pay for teacher. Let's say 20 students per class, 25 classes.. That's $15 million a year for schooling. But don't forget about sports $$$ parents pay out, fundraisers, donations, educational discounts, etc, etc. Surely $15,000,000 EVERY YEAR is enough to fund 1 school from the parent's tax $$$.

...

So you don't have kids? Let's assume that..

Where in the FUCK DOES $30,000 EVERY YEAR GO?

We are not at war..
I do not use any government services.. No phone, no meal card, housing, etc.
Government politics haven't solved anything worthwhile, only hurt Americans with new laws.
YOU pay for health care, car insurance, your food, your home, your water, your power, your goods, etc.

....

But wait!

You're also going to pay: SALES TAX on pretty much everything you buy! And.. DMV fees, and traffic tickets, etc, etc. (And like 100 others)

* I'd like to imagine DMV fees + Traffic tickets, etc. Could fund a police department and emergency crews. Enough of these overpaid salaries and paid time off, massive retirement packages, etc.

Even more $$$$.

..

In your lifetime, let's say 85 years as normal.

...

You'll pay $2,550,000 in TAXES.

Think about that SHIT.

The fuck does someone need to spend $2.5 million on to support them?

x the entire population of the US.

....

That's a fuck ton of $$$$$$$$$$$$$$$$$$$$$$$$$$$$

Spent on what?

Everyone is screwed over here. :(

All because some people in a little house say so? And millions of people just say OK, I like giving away money I earned...
 


It goes to public employees, the modern day equivalent of religious clergy in the past.

Replace Christendom with the Holy Welfare State and you have your answer.

Think about it. The church did many of the things the welfare state claims to do. They had poor hourses, had libraries, helped single moms, took care of the old, provided basic healthcare later on.

But on top of that they had thousands of leeches using intimidation and brainwashing to make the poor and middle class hand over money for 'salvation'.

A certain part of the population are smart enough to get paid, but too cowardly to fight in the real world, hence they join the Holy Welfare State or religious clergy.
 
Isn't that what wealth building is all about? I can sit here and type why I dislike taxes, complain about the garbage my government spends it on, the people they murder.

Or

I can choose to ignore the fact that my government loves to rob me. They want me and others to become the statistic they created, fuck them. I choose to bank and use my wealth to change my future and others around me.

One day we will look at taxes and corrupted government as a thing of the past. I hope to be a part of that change.
 
Even just talking sales tax and income tax, All money produced by labor is drained to zero percent as it flows through the economy, taken to the top to pay off government laborers, enslave non-violent Americans, and murder non-Americans over imperialism. Those laborers reintroduce most of that money back into the economy, but guess where it goes again. This country's military expenditures are something out of a horror novel. It's truly insane. A large percentage of our labor and ingenuity is misappropriated and put to use by people with horrible intentions and high paranoia.

Thank god the GDP isn't a zero-sum game.
 
taxes are just there to fuck you and piss you off. any money needed by the feds can just be printed. its all a scam to bring you down.
 
The system is fucked, and we all know it, but there's nothing we can do about it, so it's better to just not think about it. It's shitty to say - it sounds defeatist, and it is - but what are we supposed to do? There's no point in getting angry over something you really can't do anything about.
 
The system is fucked, and we all know it, but there's nothing we can do about it, so it's better to just not think about it. It's shitty to say - it sounds defeatist, and it is - but what are we supposed to do? There's no point in getting angry over something you really can't do anything about.

Things may have ended up a lot different had these words been spoken by Madison, Washington, Hamilton, Jay and the like.
 
The system is fucked, and we all know it, but there's nothing we can do about it, so it's better to just not think about it. It's shitty to say - it sounds defeatist, and it is - but what are we supposed to do? There's no point in getting angry over something you really can't do anything about.

This is exactly how I feel.

Unless you're a billionaire how much influence can you alone really have? Better to focus your energy and efforts on something productive that can either take you to the top of the food chain or leave you feeling intellectually fulfilled.
 
True ballers don't let taxes bring em down. Fuck that noise and live your life. Sure it sucks but you're exponentially better off trying to grow your business than worrying & bitching about your tax rate; even in high tax environments plenty of people make it.
 
I have no problem with State taxes - in fact, I LIKE to pay taxes to the state of Colorado. It is 4.63% across the board. No difference by what you make.

I don't mind, because it goes to the place where I live.

Federal taxes though? It annoys me that I have to pay up to 30%.. it goes to programs that barely effect me, on wars and programs I don't support.

The formula is wrong.. I should be paying the bulk of my taxes to my state - not the feds.
 
HUH?! 30% in taxes? $30k in taxes? what lucky country are you from? It's more like 50% in taxes. HALF of what you make. $50k. Current tax rates, plus self-employment taxes, plus state taxes. OBSCENE is what it is.
 
School money doesn't even come out of that $30,000 where I live and probably in a lot of other areas too. School money is from property tax here. Even if you pay cash for your house and/or land, you still have to make rent payments to the government or they will evict you.
 
How can you live in Cali and forget state income taxes? This be ass rape, bro:


For earnings between $0.00 and $7,582, you'll pay 1.00%
For earnings between $7,582.00 and $17,976, you'll pay 2.00% plus $75.82
For earnings between $17,976.00 and $28,371, you'll pay 4.00% plus $283.70
For earnings between $28,371.00 and $39,384, you'll pay 6.00% plus $699.50
For earnings between $39,384.00 and $49,774, you'll pay 8.00% plus $1,360.28
For earnings between $49,774.00 and $254,250, you'll pay 9.30% plus $2,191.48
For earnings between $254,250.00 and $305,100, you'll pay 10.30% plus $21,207.75
For earnings between $305,100.00 and $508,500, you'll pay 11.30% plus $26,445.30
For earnings over $508,500.00, you'll pay 12.30% plus $49,429.50
 
So much facepalm in this motherfucking thread.

30%

Lololollylololol

Who's your accountant? H&R herptard over at the walmart?

Rofling so hard, bros.
 
don't know, don't care. yeah i've had to pay out the ass for san francisco city taxes and cali taxes, but i don't focus on that, i focus on how awesome it is to not have a 9-5, live in a first world country, the freedom i'm granted thanks to IM, etc. our current baller situations that we WF brethren live would have been impossible 20+ years ago, and even today, only a lucky few have the privilege to live such a lifestyle.

instead of focusing on what you're losing, focus on what you're winning. focus on problems, and your world will be full of obstacles and it will be harder to live. focus on the prize while ignoring the obstacles, and you'll come to believe in free will and in the idea of a creator - then you will see what kind of godlike life i am talking about.