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genepires

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Everything posted by genepires

  1. I think you are misunderstanding what the progressive movement is all about. teachers do their job because they have a passion for it. it is not a job they do for money alone. IMO, they deserve at least a small amount of respect for the service they do for society. If it is rude to suggest that someone move to pay less taxes (assuming there is some kind of passion for their property and desire to not move), then it would follow to be rude to suggest that teachers leave the profession for reasons of pay alone. If we are talking about being polite, then what is the difference between the source of the passion? But I suppose this is getting off topic, if there ever was one.
  2. with the exception of property tax, where is a wealth tax? Seems like it is all income tax of various kinds. so suggesting that someone move to pay less taxes is offensive while suggesting that teachers get another job cause the compensation is not adequate is not offensive? I would put career choices above objects in importance.
  3. sorry, I made assumptions of your financial situation. you are obviously in a much better place (income wise) than the norm. Good job!
  4. thank god I don't have any stock options. that sounds crazy and something that turbo tax could not handle.
  5. Yeah you gotta watch those trades. I thought that the brokerage would have sold the oldest shares first to avoid that short term gain rate. How come we don't have a system set up when a trade is made, taxes due on the profits is not automatically paid to taxes? (like sales tax) I got hit as well when I pulled out of the market expecting a down turn. at least you made money on the trade. or else no tax was due. You must have retirement accounts outside of the usual IRA and 401K. a overall cap on taxes would be hard to figure out. I would imagine that someone could say that the price of things I buy has a tax element inside. (from the tax due to corporations, employees and many other avenues) that would need to be added to the known taxes we pay. this could propegate so far that my tax burden would be huge wihtout me paying a dime via the usual tax channels. Only the very rich could use this trick and prolly not pay anything. tax lawyer magic.
  6. you may have a point when it comes to hidden taxes like gas tax. But our biggest state tax source (sales and property) may not be as big as one thinks. sales tax is around 8% but only on things you buy in state and non groceries. sales tax is also tax deductible so one can lop off about 20% from the 8% tax rate due to federal tax refund. I didn't keep track of everything spent but there is a estimator in the fed tax code. don't remember the exact numbers but I recollect that the amount spent on sales tax was not that great, maybe around $1,000. And of course I got back 1/5th of that so I gave about $800 to sales tax. property tax was around $4000 but once again I got back 1/5th of that so I paid about $3,200 to property tax total is about $4000 to the state for those two sources of revenue. (after fed tax deductions accounted for) this is about 3% tax on income. not that much but I live outside of the city so my property tax is much lower than some. maybe you should move?
  7. capital gains is weird. but from their chart it looks like the rate is anywhere from 0% to 28% which is still less than the reg tax rate. I think dividend rate is 15%. Table 16-1. What Is Your Maximum Capital Gain Rate? IF your net capital gain is from ... THEN your maximum capital gain rate is ... collectibles gain 28% eligible gain on qualified small business stock minus the section 1202 exclusion 28% unrecaptured section 1250 gain 25% other gain1 and the regular tax rate that would apply is 39.6% 20% other gain1 and the regular tax rate that would apply is 25%, 28%, 33%, or 35% 15% other gain1 and the regular tax rate that would apply is 10% or 15% 0% this chart didn't copy and paste exactly but the last % for each line is the max rate for that line item. 1“Other gain” means any gain that is not collectibles gain, gain on small business stock, or
  8. ?? My mistake. Middle class starts around $30K but the end point is varied. Yes $70K is solid middle class. maybe the start of upper middle class. not really sure and I think there is no definitive def for that.
  9. cause this is real "phun"I ran the tax due numbers for $200K both 2008 and 2014 2008 $200K single $51,767 tax due married file jointly $44,830 2014 single $49,860 married file jointly $43,250 same result. less taxes under Obama's watch. those damn socialists! now my simple analysis does not take into account any kind of tax relief via credits or deductions that may have expired or removed. Or maybe KKK doesn't do his own taxes and his CPA is screwing him over. But I am sure that Fox news is telling me that my taxes are going up.
  10. his claim was that middle class taxes went up while the definition of middle class is vague and varies, I think that income of excess of $200K/yr puts you well beyond the middle class for all of US except NYC and San Fran. I think $70K/yr is a bit beyond most people's def of middle class.
  11. maybe I am missing something but I did as you requested. for comparison I used a $71K AGI and the tax tables from the 1040 2008 taxes paid for single - about $14K taxes paid for married file jointly about $10.4K 2014 taxes paid for single $13.6K taxes paid for single $9.7K Looks to me like your taxes went down during our socialist muslim prez term!
  12. this blog post based on a NYT artcile says the same http://www.mymoneyblog.com/historical-federal-tax-rates-by-income-group.html
  13. please offer something to support this. According to historical data, the fed tax rate is the same since 1987. Granted they assume you qualify for some tax credits (notes 2,6 and 8) but they over all affect to tax rate is not that high to say that taxes went up a lot. http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=226 This chart is rather confusing so maybe I am in error. are you talking about property taxes or other medicare taxes under Obama term?
  14. this is a ridiculous view of teaching. maybe you should drop into a class room today and see what is going on. There may be a few bad examples you describe, but it def not the norm.
  15. After work, home at 6pm, staying up until 1am, driving, lectures, library time, driving, reading, writing, and getting back up for work at 6am--like those of us in the private sector do. Like I did. Again, why do teachers think they are above the rest of us? It's truly an insulated world they have created for themselves. because those times you mentioned are times they are preparing for the next day and grading yesterdays homework.
  16. teachers pension compensation equation (from plan3 document) http://www.drs.wa.gov/member/handbooks/trs/plan-3/t3hbk.pdf 1% x service credit years x average final compensation = monthly benefit years of credit in a linear factor final comp may be the geometric part you speak of. http://www.k12.wa.us/safs/PUB/PER/SalAllocSchedule.pdf so with a masters and 16 years of teaching, they top out at $57K. so with that equation above, the monthly pension should be $950/month. I work at boeing and we just lost our pension. it was very linear in that it was based on years of work times a fixed dollar amount and no current income factor.
  17. Actually, the summers are a time that teachers use to get those extra credits and higher degrees that are needed to make living wage. So if they were to work all year, when would they be able to do the state required professional development? (which they are not paid to do) sneak it in during the recess periods?
  18. http://www.k12.wa.us/safs/PUB/PER/SalAllocSchedule.pdf not quite $70K but the max is $64K after 16 years of teaching and a masters with 90+ extra credits or 16 years and a PhD. Is $100K reasonable for someone with a PhD with 16 years of prior experience in the private world? your kids school may not be the norm in regards to those half days for work. My kids school gets one hour every friday early release. those benefits are getting picked at too. there is a long list of contract take aways. you can't equate their pay to a full 12 months and then use the summer vacation as a argument point in the same paragraph. compare apples to apples. Though you did forget to add in the paid government holidays, spring and winter break into your free time calc.
  19. that is a solid deal. if I didn't have as much gear as a climbing shop, I would jump on this. should sell quick
  20. I like how certain folks argue with a history teacher about civics and union issues. what qualifications does one have to argue with someone who is infinitely more knowledgable about these things? Only one thing......an inflated head. Certain folks would do much better to not believe they know everything and instead honestly listen to what others say. But listening (without the sole purpose of knee jerk reaction of already determined beliefs) is a skill in short supply in Spray. Plenty of smarts but little listening skillz. Good for you Ivan with your union stewardship. It is appreciated by parents who value their kids education and people who value a educated society.
  21. technically not a count-down clock but a count-up clock
  22. like others have said, don't scorn the 3 season tent idea. the key is to finding a 3 season tent with LOTS of guy points. That is one of the usual differences between the tents classifications but it is not a rule. I had a three season tent that went though hell and back in all manner of trips. Damn thing had 11 guy points on a small 2 person tent and those don't include the low worth bottom of fly guy points. High and lots of guy points will make any 3 season tent worthy. buy used as long as it is not stinky. What DPS is true too.
  23. http://www.addictinginfo.org/2014/07/10/republican-abstinence-only-crusaders-17-year-old-daughter-is-pregnant/ You reap what you sow. And someone was doing some sow-ing instead of listening to her fathers advice.
  24. fortunate that the heli was able to get close to the site. unfortunate that most pilots get practice at these sites so often. They prolly have good spots laid out for all the usual suspects like climbing areas, mtn bike parks, and skate parks.
  25. [quote=Fairweather http://www.npr.org/templates/story/story.php?storyId=125997180 "It turns out that nearly half of all Americans don't have to pay any federal income tax. In 2009, 47 percent of all filers paid nothing. It's a number that's gone up significantly in just a couple of years." Once again the devil is in the details. Those numbers are based on a 2009 tax returns. Lots of unempoyment then. Lots of tax incentives that may not be around today. It may not be relevant currently but those things are casually left out when trying to make a arguement " In 2008, President Bush's stimulus payments sent $600 to individuals, $1,200 to couples, plus a little bit more if you had kids, and that all showed up as a tax reduction when you filed your income taxes. This year we have the 2009 stimulus, which includes making work pay. Almost every American who works got benefit from that and a few other things that bring down tax bills. " Now to see if those programs are still around.......
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