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green73
04-07-2014, 02:28 PM
The day when the nation collectively has made enough money to pay its total tax burden for the year is three days later this year, according to a new report.

According to a report released Monday by the Tax Foundation, this year Tax Freedom Day falls 111 days into 2014, on April 21.

By April 21, to group says, Americans will have made enough to pay the $3 trillion in federal taxes and $1.5 trillion in state taxes — more than they will spend on food clothing and housing combined.


cont.
http://dailycaller.com/2014/04/07/tax-freedom-day-falls-three-days-later-this-year/

Vance:


Will arrive on April 21 this year. According to the Tax Foundation (http://taxfoundation.org/article/tax-freedom-day-2014-april-21-three-days-later-last-year), “Tax Freedom Day is the day when the nation as a whole has earned enough money to pay its total tax bill for year.” The day came on January 22 in 1900. “In 2014, Americans will pay $3.0 trillion in federal taxes and $1.5 trillion in state taxes, for a total tax bill of $4.5 trillion, or 30.2 percent of income.”

And yet, when Republicans and conservatives issue tax reform proposals, they always emphasize that their proposals are “revenue neutral.” This means that they think the federal government is entitled to take $3 trillion from Americans so they can continue their spending orgy. I hope to write about this evil soon. But since it is the end of tax season, I hope to have some other things on taxes even sooner.

https://www.lewrockwell.com/lrc-blog/tax-freedom-day-2/

aGameOfThrones
04-07-2014, 02:31 PM
Freedom is expensive.

oyarde
04-07-2014, 02:32 PM
Just my Fed Tax , Soc Sec tax , Medicare tax and property tax alone exceed , by several thousands what I spend on a house payment , food and clothing for a year. ( And that is just from my regular job )

aGameOfThrones
04-07-2014, 02:36 PM
Just my Fed Tax , Soc Sec tax , Medicare tax and property tax alone exceed , by several thousands what I spend on a house payment , food and clothing for a year.

Thanks for doing your part, patriot.

Danke
04-08-2014, 09:37 AM
Just my Fed Tax , Soc Sec tax , Medicare tax and property tax alone exceed , by several thousands what I spend on a house payment , food and clothing for a year.

Government workers need food, clothing and housing too.

tod evans
04-08-2014, 09:43 AM
USA

USA

USA

oyarde
04-08-2014, 09:46 AM
Government workers need food, clothing and housing too.

They probably spend too much on clothing :) . They would never make it on my clothing budget . My Leadman that works for me says I look like a homeless guy . Only real dress code they have for me @ work is a shirt with a collar . I do not like to get cold , so I usually wear one of my flannel shirts every day except summer and some ratty ass ( comfortable) jeans I pd $2 for at a yard sale.They should let me take over procurement . I can get them Billions in savings . Then I can teach them to fish , hunt , grow food.....

oyarde
04-08-2014, 09:48 AM
When I retire from my regular job , I will probably not bother to file anymore .

KCIndy
04-08-2014, 09:52 AM
Government workers need food, clothing and housing too.


I'm fresh out of food, clothing and housing, but I'll happily donate a few good swift kicks in the ass to the 90% who deserve it.

jbauer
04-08-2014, 09:53 AM
When I retire from my regular job , I will probably not bother to file anymore .

As long as you have no investment income. No pension. No annuity payments or no other source of income other than cash, physical gold or bitcoin you should be ok.....or make well under the filing limits, which is hard to do these days.

oyarde
04-08-2014, 09:54 AM
Government workers need food, clothing and housing too.

Somehow :) , I like the idea of them gathering food . They may learn something .

KCIndy
04-08-2014, 09:56 AM
They should let me take over procurement . I can get them Billions in savings . Then I can teach them to fish , hunt , grow food.....

But... but... but that would mean WORKING! :eek: And that's not NEARLY as easy as stealing it from the productive members of society.

Grasshopper and ant, my friend. Grasshopper and ant.

tod evans
04-08-2014, 10:00 AM
Government workers need food, clothing and housing too.

Don't ya' feel better writing that check just knowing you're helping to feed and house the likes of this fine government employee?

http://ssdp.org/assets/2013/08/holder.jpg

oyarde
04-08-2014, 10:03 AM
Don't ya' feel better writing that check just knowing you're helping to feed and house the likes of this fine government employee?

http://ssdp.org/assets/2013/08/holder.jpg

I would like to see him out planting cabbages in a North Korean uniform.

Zippyjuan
04-08-2014, 10:04 AM
cont.
http://dailycaller.com/2014/04/07/tax-freedom-day-falls-three-days-later-this-year/

Vance:



https://www.lewrockwell.com/lrc-blog/tax-freedom-day-2/

According to BLS figureshttp: //www.bls.gov/news.release/cesan.nr0.htm, the average household spends $48,109 a year. Food accounts for $6,129, housing $16,557 and clothing $1,700 or a total of $24,386 a year- about half of their income.

The Tax Policy Institute estimates that 43% of all filers end up paying no federal income taxes. http://www.csmonitor.com/Business/Tax-VOX/2013/0829/Fewer-Americans-are-paying-no-federal-income-tax.-Why


The percentage of Americans who pay no federal income tax is falling, thanks to an improving economy and the expiration of temporary Great Recession-era tax cuts. In 2009, the Tax Policy Center estimated that 47 percent of households paid no federal income tax. This year, just 43 percent will avoid the tax.

So the median income person (median means half are above that level and half are below) probably did not spend as much on housing, clothing, and food as they paid in taxes. High incomes distort the average amount of taxes paid.

$3 trillion in federal taxes includes corporate income taxes as well as tariffs estate, and other taxes. Those are not all personal taxes paid by individuals. Personal Income Taxes and Social Security taxes account for about $2 trillion in government revenue- not $3 trillion. The figures in the article include taxes from ALL sources- not just individuals.

oyarde
04-08-2014, 10:08 AM
According to BLS figureshttp: //www.bls.gov/news.release/cesan.nr0.htm, the average household spends $48,109 a year. Food accounts for $6,129, housing $16,557 and clothing $1,700 or a total of $24,386 a year- about half of their income.

The Tax Policy Institute estimates that 43% of all filers end up paying no federal income taxes. http://www.csmonitor.com/Business/Tax-VOX/2013/0829/Fewer-Americans-are-paying-no-federal-income-tax.-Why



So the median income person (median means half are above that level and half are below) probably did not spend as much on housing, clothing, and food as they paid in taxes. High incomes distort the average amount of taxes paid.

$3 trillion in federal taxes includes corporate income taxes as well as tariffs estate, and other taxes. Those are not all personal taxes paid by individuals. Personal Income Taxes and Social Security taxes account for about $2 trillion in government revenue- not $3 trillion.
My food , clothing & housing probably run , $600 a month , will be less when I retire because my food cost will go from , say $100 to about zero.

oyarde
04-08-2014, 10:17 AM
Well it is worse than I thought . I did it 3/31 , just pulled it out and looked .Just the Fed tax alone was $500 more than food , clothing and housing total for the yr .

oyarde
04-08-2014, 10:25 AM
Porperty tax , Soc Sec , Medicare , Fed tax came to $15,607 . Housing , food clothing , about $7200.

fisharmor
04-08-2014, 10:33 AM
I would like to see him out planting cabbages in a North Korean uniform.
I'd settle for an orange jumpsuit.

Danke
04-08-2014, 10:35 AM
According to BLS figureshttp: //www.bls.gov/news.release/cesan.nr0.htm, the average household spends $48,109 a year. Food accounts for $6,129, housing $16,557 and clothing $1,700 or a total of $24,386 a year- about half of their income.

The Tax Policy Institute estimates that 43% of all filers end up paying no federal income taxes. http://www.csmonitor.com/Business/Tax-VOX/2013/0829/Fewer-Americans-are-paying-no-federal-income-tax.-Why



So the median income person (median means half are above that level and half are below) probably did not spend as much on housing, clothing, and food as they paid in taxes. High incomes distort the average amount of taxes paid.

$3 trillion in federal taxes includes corporate income taxes as well as tariffs estate, and other taxes. Those are not all personal taxes paid by individuals. Personal Income Taxes and Social Security taxes account for about $2 trillion in government revenue- not $3 trillion. The figures in the article include taxes from ALL sources- not just individuals.

Most people don't even realize how much they pay in taxes. Because it is not obvious. FICA alone is 15.3%, half one doesn't see because the employer pays it directly instead of to the employees. Corporate taxes are either passed along to the end consumers, stakeholders or company employees. Another tax most do not realize cost them.

I could go on and on to show how regulations, fees and other taxes add up to well over 60% of your average person's tax burden from what they take in.

moostraks
04-08-2014, 11:16 AM
https://www.youtube.com/watch?v=1-eqG7tvrzk

courtesy of evilfunnystuff from: http://www.ronpaulforums.com/showthread.php?192476-Complete-list-of-US-taxes

100 list:
Personal/Consumer Taxes & Fees

Federal income tax
State income tax
Local income tax
Employee social security tax (your employer pays the other half)
Employee Medicare tax (your employer pays the other half)
Property taxes
Road toll charges
State sales tax
Driver's license renewal fee
TV Cable/Satellite fees & taxes
Federal telephone surtax, excise tax, and universal surcharge
State telephone excise tax and surcharge
Telephone minimum usage and recurring/nonrecurring charges tax
Gas/electric bill fees & taxes
Water/sewer fees & taxes
Cigarette tax
Alcohol tax
Federal gasoline tax
State gasoline tax
Local gasoline tax
Federal inheritance tax
State inheritance tax
Gift tax
Bridge toll charges
Marriage license
Hunting license
Fishing license
Bike license fee
Dog permit/license
State park permit
Watercraft registration & licensing fees
Sports stadium tax
Bike/nature trail permit
Court case filing fee
Retirement account early withdrawal penalty
Individual health insurance mandate tax
Hotel stay tax
Plastic surgery surcharge
Soda/fatty-food tax
Air transportation tax
Electronic transmission of tax return fees
Passport application/renewal fee
Luxury & gas-guzzler car taxes
New car surcharge
License plate and car ownership transfer taxes
Yacht and luxury boat taxes
Jewelry taxes & surcharges
State/local school tax
Recreational vehicle tax
Special assessments for road repairs or construction
Gun ownership permit
Kiddie tax (IRS form 8615)
Fuel gross receipts tax
Waste Management tax
Oil and gas assessment tax
Use taxes (on out-of-state purchase)
IRA rollover tax/withdrawal penalties
Tax on non-qualified health saving account distributions
Individual and small business surtax (page 336 of Obamacare)
Estimated income tax underpayment penalty
Alternative Minimum Tax on income
Business Taxes & Fees

Federal corporate income tax
State corporate income tax
Tax registration fee for new businesses
Employer social security tax
Employer Medicare tax
Federal unemployment tax
State unemployment tax
Business registration renewal tax
Worker's compensation tax
Tax on imported/exported goods
Oil storage/inspection fees
Employer health insurance mandate tax
Excise Tax on Charitable Hospitals (page 2001/Sec. 9007 of Obamacare)
Tax on Innovator Drug Companies (Page 2010/Sec. 9008 of Obamacare)
Tax on Medical Device Manufacturers (Page 2020/Sec. 9009 of Obamacare)
Tax on Health Insurers (Page 2026/Sec. 9010 of Obamacare)
Excise Tax on Comprehensive Health Insurance Plans, i.e. "Cadillac" plans
Tax on indoor tanning services
Utility users tax
Internet transaction fee (passed in California; being considered in other states and at federal level)
Professional license fee (accountants, lawyers, barbers, dentists, plumbers, etc.)
Franchise business tax
Tourism and concession license fee
Wiring inspection fees
Household employment tax
Biodiesel fuel tax
FDIC tax (insurance premium on bank deposits)
Electronic waste recycling fee
Hazardous material disposal fee
Food & beverage license fee
Estimated income tax underpayment penalty
Building/construction permit
Zoning permit
Fire inspection fee
Well permit tax
Sales and Use tax seller's permit
Commercial driver's license fee
Bank ATM transaction tax
Occupation taxes and fees (annual charges required for a host of professions)
http://www.balancedpolitics.org/editorials/100_taxes_you_pay.htm

I would venture a guess the list is nowhere near complete.

oyarde
04-08-2014, 11:18 AM
As long as you have no investment income. No pension. No annuity payments or no other source of income other than cash, physical gold or bitcoin you should be ok.....or make well under the filing limits, which is hard to do these days.

Yeah , my plan is to have anything reportable under the limit . I think I can do it.

Danke
04-08-2014, 11:33 AM
https://www.youtube.com/watch?v=1-eqG7tvrzk

courtesy of evilfunnystuff from: http://www.ronpaulforums.com/showthread.php?192476-Complete-list-of-US-taxes

100 list:
Personal/Consumer Taxes & Fees

Federal income tax
State income tax
Local income tax
Employee social security tax (your employer pays the other half)
Employee Medicare tax (your employer pays the other half)
Property taxes
Road toll charges
State sales tax
Driver's license renewal fee
TV Cable/Satellite fees & taxes
Federal telephone surtax, excise tax, and universal surcharge
State telephone excise tax and surcharge
Telephone minimum usage and recurring/nonrecurring charges tax
Gas/electric bill fees & taxes
Water/sewer fees & taxes
Cigarette tax
Alcohol tax
Federal gasoline tax
State gasoline tax
Local gasoline tax
Federal inheritance tax
State inheritance tax
Gift tax
Bridge toll charges
Marriage license
Hunting license
Fishing license
Bike license fee
Dog permit/license
State park permit
Watercraft registration & licensing fees
Sports stadium tax
Bike/nature trail permit
Court case filing fee
Retirement account early withdrawal penalty
Individual health insurance mandate tax
Hotel stay tax
Plastic surgery surcharge
Soda/fatty-food tax
Air transportation tax
Electronic transmission of tax return fees
Passport application/renewal fee
Luxury & gas-guzzler car taxes
New car surcharge
License plate and car ownership transfer taxes
Yacht and luxury boat taxes
Jewelry taxes & surcharges
State/local school tax
Recreational vehicle tax
Special assessments for road repairs or construction
Gun ownership permit
Kiddie tax (IRS form 8615)
Fuel gross receipts tax
Waste Management tax
Oil and gas assessment tax
Use taxes (on out-of-state purchase)
IRA rollover tax/withdrawal penalties
Tax on non-qualified health saving account distributions
Individual and small business surtax (page 336 of Obamacare)
Estimated income tax underpayment penalty
Alternative Minimum Tax on income
Business Taxes & Fees

Federal corporate income tax
State corporate income tax
Tax registration fee for new businesses
Employer social security tax
Employer Medicare tax
Federal unemployment tax
State unemployment tax
Business registration renewal tax
Worker's compensation tax
Tax on imported/exported goods
Oil storage/inspection fees
Employer health insurance mandate tax
Excise Tax on Charitable Hospitals (page 2001/Sec. 9007 of Obamacare)
Tax on Innovator Drug Companies (Page 2010/Sec. 9008 of Obamacare)
Tax on Medical Device Manufacturers (Page 2020/Sec. 9009 of Obamacare)
Tax on Health Insurers (Page 2026/Sec. 9010 of Obamacare)
Excise Tax on Comprehensive Health Insurance Plans, i.e. "Cadillac" plans
Tax on indoor tanning services
Utility users tax
Internet transaction fee (passed in California; being considered in other states and at federal level)
Professional license fee (accountants, lawyers, barbers, dentists, plumbers, etc.)
Franchise business tax
Tourism and concession license fee
Wiring inspection fees
Household employment tax
Biodiesel fuel tax
FDIC tax (insurance premium on bank deposits)
Electronic waste recycling fee
Hazardous material disposal fee
Food & beverage license fee
Estimated income tax underpayment penalty
Building/construction permit
Zoning permit
Fire inspection fee
Well permit tax
Sales and Use tax seller's permit
Commercial driver's license fee
Bank ATM transaction tax
Occupation taxes and fees (annual charges required for a host of professions)
http://www.balancedpolitics.org/editorials/100_taxes_you_pay.htm

I would venture a guess the list is nowhere near complete.

This. And the video is only a partial list.

Danke
04-08-2014, 11:34 AM
http://www.youtube.com/watch?v=NzspsovNvII

Anti Federalist
04-08-2014, 12:28 PM
But Congressmen aren't paid enough.

Just ask Collinz.

Pericles
04-08-2014, 12:31 PM
I'd settle for an orange jumpsuit.

Agreed

fisharmor
04-08-2014, 01:09 PM
Employee social security tax (your employer pays the other half)
Employee Medicare tax (your employer pays the other half)

This is a myth, right up there with the one about how corporations pay income tax.

gwax23
04-08-2014, 02:43 PM
Most people don't even realize how much they pay in taxes. Because it is not obvious. FICA alone is 15.3%, half one doesn't see because the employer pays it directly instead of to the employees. Corporate taxes are either passed along to the end consumers, stakeholders or company employees. Another tax most do not realize cost them.

I could go on and on to show how regulations, fees and other taxes add up to well over 60% of your average person's tax burden from what they take in.

Just imagine if we didnt have withholding. The entire system would be doomed. People would be far more anti government if they could see how much the feds steal on a daily basis.

jbauer
04-09-2014, 09:43 AM
Yeah , my plan is to have anything reportable under the limit . I think I can do it.

I had a tax professor say "its easy to not pay taxes, just don't make anything". Followed by, "paying no taxes shouldn't be the goal, minimizing taxes while making money should be".

Preaching to the choir I know.

Warrior_of_Freedom
04-09-2014, 01:18 PM
STOP CALLING IT ALL TAXES, ITS EXTORTION

DamianTV
04-09-2014, 03:00 PM
Heres another pretty chart:

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/04/20140408_food.png

Courtesy of Zero Hedge

More Americans Go Hungry Than All But 2 European Nations
http://www.zerohedge.com/news/2014-04-08/more-americans-go-hungry-all-2-european-nations

mad cow
04-09-2014, 03:20 PM
Heres another pretty chart:

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/04/20140408_food.png

Courtesy of Zero Hedge

More Americans Go Hungry Than All But 2 European Nations
http://www.zerohedge.com/news/2014-04-08/more-americans-go-hungry-all-2-european-nations

Hogwash.Click on the link and read the comments,they all agree it's hogwash.

People are not keeling over in the streets from hunger,let alone 1/5 of them,although I would take the bet that more than 1/5 of people on food stamps are obese.

Zippyjuan
04-09-2014, 06:45 PM
About 14.3% of the US population is on food stamps (SNAP). How do they get 20% can't buy food? (even if we assume that if they did not have SNAP they would have no food which is not the case either).

http://www.businessinsider.com/americans-really-overestimate-the-percent-of-people-on-food-stamps-2013-10

Or: http://www.ers.usda.gov/publications/err-economic-research-report/err155.aspx


Household Food Security in the United States in 2012

An estimated 14.5 percent of American households were food insecure at least some time during the year in 2012, meaning they lacked access to enough food for an active, healthy life for all household members. The change from 14.9 percent in 2011 is not considered statistically significant. The prevalence of very low food security was unchanged at 5.7 percent.

Danke
04-09-2014, 06:54 PM
About 14.3% of the US population is on food stamps (SNAP). How do they get 20% can't buy food? (even if we assume that if they did not have SNAP they would have no food which is not the case either).

http://www.businessinsider.com/americans-really-overestimate-the-percent-of-people-on-food-stamps-2013-10

Or: http://www.ers.usda.gov/publications/err-economic-research-report/err155.aspx

No one should get to take money from me by force.