What is your marginal income tax rate?Mine is 71%
>>546265840When you consider the taxes I pay to the Federal government, my state government, the government of the city I work in, and the county that I actually live in, it comes out to about 40%. I had some "CPA" try to tell me that there's no way I pay out that much because, "Herr durr! I'm a CPA! You better listen to me!" Because apparently CPAs are only aware of Federal taxes and don't understand that every other layer of government taxes you as well.Fuck, the city I work in taxes me at a rate that's almost as high as the entire state. Someone has to pay for Shaniqua to make $250k a year to sit on the municipal council of black woman power or what the fuck ever.
>>546265840You really pay 71% of everything you make back to the government?Isn't there, like, a loicense you can procure to get that down?
>>546266059in chimpcongo, the property tax was like 10% of my earnings. that's despite it being relatively low and my earnings relatively high for the neighborhood.
>>546266347>Isn't there, like, a loicense you can procure to get that down?There is but the licensing fees exceed the potential savings.
>>546266347No, its staggered. You pay 0% on what you earn up to £12,570, then 20% of what you earn between £12,571 to £50,270, 40% of what you earn between £50,271 to £125,140, then 45% on anything you earn over £125,140.So say if someone was earning £140,000, they would pay £43,547 in income tax and £4,811 for national insurance, for a total of £48,358, for a take-home of £91,642 (tax was effectively 34.5%)OP's is so high because hes making student loan repayments (9%) and also between £100k and £125k you suffer from losing your tax free bucket of £12,570, so for every £1 you earn between £100k and £125k you effectively pay 80% tax. Past 125k its all sweet again though. Basically OP is a drooling fucking idiot and should have asked for pay recompensation outside of actual taxable cash such as stock or childcare or a car or literally ANYTHING else. Pretty much everyone who isn't a fucking idiot does this between 100k and about 135k because otherwise you're just getting shafted.
>>546266347tax brackets are really impossible to understand for angloids...
>>546266059Anon you need to pay more taxes.It is imperative that the government gets more of your money. You do not deserve the money you worked for, the government who did nothing deserves a bigger percentage.I fucking hate tax dodgers. This is why I am pleased that every politician no matter what side they are on, is in favor of raising taxes.
>>546265840>he doesn’t do salary sacrifice for his pension>he doesn’t run a loss making business that purchases assets to offset tax against How fucking stupid are you?
>>546267262>Pretty much everyone who isn't a fucking idiot does this between 100k and about 135k because otherwise you're just getting shaftedEveryone earning that amount is getting shafted by taxes. Fortunately everyone else isn't getting shafted by the governments psuedo math tax. The government is very sweet in that regard.
>>546267626The r-right wing party is going to lower taxes if they win next time. Th-this time for real.
>>546265840>earn 100k >bring home 30k from thislmao
>>546266059Check thisI work part-time because I'm not interested in contributing to the society. I made 34k gross last year. And paid 15k in taxes all said and done. And that's not including the other 998 deaths by a thousand cuts; car insurance, rent for a place I'll never own, shrinkflation... I could go on and on.But I'm glad my money went to bombing kids in the middle east and importing people to suppress my wages, all the while I pay for their medical care, housing, and groceries, plus they get to have kids and start a family.Oh yeah, and I'm not eligible for EBT or any housing help because I make too much money.I'm literally stuck here, I cannot leave. I cannot communicate with a quarter of "my" city because they don't speak English. I see immigrants driving around in brand new vehicles pretty frequently, what the fuck is going on?
>>546267796>>earn 100k>>bring home 30k from this>lmaoThe government is getting scammed by TS.They should be getting a much higher percentage than a miniscule 71%.>Here’s an excerpt from philosopher and professor Philip Goff’s guest blog on our website taxjustice.net on the subject:>Is taxation theft?>“No, taxation is not theft because you do not have a right to your pre-tax income, in legal and moral terms. Many political arguments start from the assumption that taxation is the government taking ‘our money’ off us. This feeling that your pre-tax income is ‘your money’ is understandably difficult to shake. It’s hard not to see the pre-tax figure on your payslip as representing what’s really owing to you for the work you’ve done, and hence to feel that the state is taking away from you something that is yours by right.>“However, the fact that you are legally obliged to pay tax on your income – and face fines and jail time if you don’t – means you clearly don’t have a legal right to your pre-tax income. So if you do not have a legal right to your pre-tax income, do you have a moral right. Tldr; give the 29% you have stolen from the government in withheld taxes to them TS.
>>546267796Marginal rate, retard
>>546267728I do sacrifice to my pension, but don't want to do it more
>>546268552marginal rate is your wage, boom roasted
Since I cannot legally go live innawoods and must abide to governing entities i do not recogise as legitimate. Since I am forced into a society against my will, my realized tax rate is 100%.
