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Last post 13 years ago by frankj1. 51 replies replies.
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So, I', doing my taxes...
jpotts Offline
#1 Posted:
Joined: 06-14-2006
Posts: 28,811
...and I'm getting less back from the government that I got the year before.

Consequently, I got less back from the government last year than in 2008. And my salary hasn't changed in the last few years.

I'm sorta missing how Idi Amin Jr. cut my taxes like all the libs claim he did. I'm paying more now in income tax than I have in the past.
MACS Offline
#2 Posted:
Joined: 02-26-2004
Posts: 79,860
Me too. Hell in 2008 I owed the effers money. I claim single 1 for my military retirement and single 2 at my current job and I broke even last year.

Curious to see what happens this year...
jetblasted Offline
#3 Posted:
Joined: 08-30-2004
Posts: 42,595
I got about $150 more back ... Go Figure.
jetblasted Offline
#4 Posted:
Joined: 08-30-2004
Posts: 42,595
jetblasted wrote:
I got about $150 more back ... Go Figure.

Than compared to last year . . .
Brewha Offline
#5 Posted:
Joined: 01-25-2010
Posts: 12,201
Careful jpotts, you're going to run out of fingers . . . .
dpnewell Offline
#6 Posted:
Joined: 03-16-2009
Posts: 7,491
Withholding tables have been reduced, Pottsie. This talk about "what I got back" is starting to sound like a bunch of liberals. All that matters is what the heck you paid. What percentage of income compared to prior years? The money you "got back" was an interest free loan you gave your government out of the goodness of your heart.
dpnewell Offline
#7 Posted:
Joined: 03-16-2009
Posts: 7,491
^Of course the above does not apply to some of our Liberal friends collecting their EICs, CCCs and ACCCs. Some of them pay absolutly nothing in FIC, and still get big chunks of other folk's tax dollars handed over the them.
rfenst Offline
#8 Posted:
Joined: 06-23-2007
Posts: 39,403
Perhaps, you have no idea what you are doing.
dsmokers Offline
#9 Posted:
Joined: 11-22-2010
Posts: 569
This post, including the title, is the most ignorant post I've seen this week.
apachelm Offline
#10 Posted:
Joined: 04-26-2008
Posts: 8,549
Yep, it's smoke 'n mirrors that the Gubment uses. They reduce the withholding tables so it looks like you got a "raise". They hope you will spend that extra thereby helping grow the economy. You still owe the SAME amt of tax at the end of the year you just have LESS in that withholding acct. Which BTW is best for you unless you're not a "saver".
frankj1 Offline
#11 Posted:
Joined: 02-08-2007
Posts: 44,242
A very simple question remains unanswered. did you PAY more??? Unhappily, I expect to, but did you since you brought it up? Complaining you're getting back less is ridiculous and meaningless.
Poster above is correct, why give them an interest free loan? You don't really look at your refund as positive, do you? Why are you overpaying. Why don't you make more than before? Why should anyone care about whining? Why did I answer?

Frank

confused south of Boston
ZRX1200 Offline
#12 Posted:
Joined: 07-08-2007
Posts: 60,651
Received $750 back last year paying $800 this year with no change in witholdings and making less money!!!
Woo hoo.
frankj1 Offline
#13 Posted:
Joined: 02-08-2007
Posts: 44,242
It does suck when your income stays flat and tax laws change and you find you get hurt by the changes. I'm old enough that I recall the worst change ever for my family was early 80's. We were renting and Reagan took away all interest deductions EXCEPT mortgage interest...maybe left student loan interest too, but rates were very low then for school. We owed a bunch on credit cards (young and dumb) but when we purchased on credit it was with the knowledge that the interest would negate tax obligations and Reagan's changes destroyed us. I was a salaried stiff back then but had nice tv's and cars...soon they became a burden. Couldn't afford my lifestyle without the interest deductions. Started to deplete savings.

Very shortly thereafter I became self employed (straight commish sales) and willingly paid small penalties as a result of not paying quarterly estimates. Much preferred paying in April thus keeping all my money to make interest instead of letting the gov hold it all year. And bought my first house by 1985.

Moral is, in America you can figure out how to play the hand you're dealt if you can interpret the rules...I guess.

What do I know? I'm writing on a cigar forum.

Frank
derfladnar Offline
#14 Posted:
Joined: 11-07-2008
Posts: 1,905
Every year I do my taxes on Feb. 1st, and file on April 15th. I don't understand the people who like getting large refunds...I got a $8,000 dollar refund. No you didn't you let the goverment borrow 8 gran and then they gave it back to you without any interest. I try to borrow a few hundred every year without paying interest.
apachelm Offline
#15 Posted:
Joined: 04-26-2008
Posts: 8,549
derfladnar wrote:
Every year I do my taxes on Feb. 1st, and file on April 15th. I don't understand the people who like getting large refunds...I got a $8,000 dollar refund. No you didn't you let the goverment borrow 8 gran and then they gave it back to you without any interest. I try to borrow a few hundred every year without paying interest.



As I stated above

"You still owe the SAME amt of tax at the end of the year you just have LESS in that withholding acct. Which BTW is best for you unless you're not a "saver"."

Some people (actually maybe a majority of the population) don't have the discipline to save on their own. So when the gov't does it for them albeit sans interest (which these days isn't much anyhow) they perceive the tax refund check they get back as a windfall.
fretkillr Offline
#16 Posted:
Joined: 11-30-2008
Posts: 2,579

I've got about $20k less that we are reporting....

and I'm paying more than last year. By about $2K.



WTF?


Thanks, President Douchenozzle, and all the f*cking idiots in Congress.






fret


SMB
apachelm Offline
#17 Posted:
Joined: 04-26-2008
Posts: 8,549
Hey I thought you were in meetings? Put the smartphone down!
fretkillr Offline
#18 Posted:
Joined: 11-30-2008
Posts: 2,579
apachelm wrote:
Hey I thought you were in meetings? Put the smartphone down!



lmfao....thanks Len...I'm on a conference calls, have to present in a few of them. Have to be in front of the computer, or else I'd be outside......



fret


SMB
jojoc Offline
#19 Posted:
Joined: 03-05-2007
Posts: 6,272
if the question of taxes were that simple, there would be no need for CPAs and tax attorneys.

comparing the amount of a refund from year to year as a basis of total tax is just stupid.

there are thousands of variables that affect the amount of tax owed and the amount of tax paid in.

the only thing that getting a refund every year tells me about someone is that they are giving the gov't and interest free loan every year.
dsmokers Offline
#20 Posted:
Joined: 11-22-2010
Posts: 569
the original poster pretty much backed away from this one. Funny stuff.
DrafterX Offline
#21 Posted:
Joined: 10-18-2005
Posts: 98,576
jojoc wrote:


the only thing that getting a refund every year tells me about someone is that they are giving the gov't and interest free loan every year.





they'd do the same for us... Mellow
jpotts Offline
#22 Posted:
Joined: 06-14-2006
Posts: 28,811
dpnewell wrote:
Withholding tables have been reduced, Pottsie. This talk about "what I got back" is starting to sound like a bunch of liberals. All that matters is what the heck you paid. What percentage of income compared to prior years? The money you "got back" was an interest free loan you gave your government out of the goodness of your heart.



More like the mob, and their "protection" payments...
jpotts Offline
#23 Posted:
Joined: 06-14-2006
Posts: 28,811
rfenst wrote:
Perhaps, you have no idea what you are doing.



Which is why I have software do this for me.

I work with new, bleeding-edge technologies for a living not vague, byzantine, incomprehensible crap like the US tax code.
jpotts Offline
#24 Posted:
Joined: 06-14-2006
Posts: 28,811
dsmokers wrote:
This post, including the title, is the most ignorant post I've seen this week.


You know, not everyone chooses to follow your example and live off of the government "largess" for a living. The rest of us work for our pay.
jpotts Offline
#25 Posted:
Joined: 06-14-2006
Posts: 28,811
frankj1 wrote:
A very simple question remains unanswered. did you PAY more??? Unhappily, I expect to, but did you since you brought it up? Complaining you're getting back less is ridiculous and meaningless.
Poster above is correct, why give them an interest free loan? You don't really look at your refund as positive, do you? Why are you overpaying. Why don't you make more than before? Why should anyone care about whining? Why did I answer?

Frank

confused south of Boston


First, my income and finances remained pretty much the same.

Secondly. why did I give them an "intrest-free loan?" As I stated before, it is more like protection payments to the mob.
HockeyDad Offline
#26 Posted:
Joined: 09-20-2000
Posts: 46,187
jpotts wrote:
Which is why I have software do this for me.




Prolly written in India.
frankj1 Offline
#27 Posted:
Joined: 02-08-2007
Posts: 44,242
[quote=jpotts] my income and finances remained pretty much the same.

so if you didn't pay more (pretty sure I will!), what was the purpose of the op?

Frank
dsmokers Offline
#28 Posted:
Joined: 11-22-2010
Posts: 569
Potts, when you learn a new word such as "largess," please realize that you don't need to put it in quotation marks when you use it in a sentence. It makes it look like you pull most of your stupidity off of opinion blog headlines instead of just out of your own stupid head.
jojoc Offline
#29 Posted:
Joined: 03-05-2007
Posts: 6,272
why is it an interest free loan?

you gave the gov't the use of your money for a year and they did not pay you interest.
jpotts Offline
#30 Posted:
Joined: 06-14-2006
Posts: 28,811
dsmokers wrote:
Potts, when you learn a new word such as "largess," please realize that you don't need to put it in quotation marks when you use it in a sentence. It makes it look like you pull most of your stupidity off of opinion blog headlines instead of just out of your own stupid head.


Typically, when responding to your posts, most of the words I use have to be explained to you.

But that's OK. I'm sure your small vocabulary wasn't a hindrance in you meteoric rise to be head stewardess on the Bangkok red-eye...

(Meaning that because you know not so many words, it could not stop you from being big man in tiny dress who hands out pretzels and sodas inside big iron eagle.)
dsmokers Offline
#31 Posted:
Joined: 11-22-2010
Posts: 569
10 days after the fact, you come back in a blaze of improper grammar and spelling to tell me about what? I don't get it. Explain to me what all of that meant.
jpotts Offline
#32 Posted:
Joined: 06-14-2006
Posts: 28,811
dsmokers wrote:
10 days after the fact, you come back in a blaze of improper grammar and spelling to tell me about what? I don't get it. Explain to me what all of that meant.


Yes, Jimmy, we're ALL aware you "don't get it." Your palms must be rubbed raw by now.
dsmokers Offline
#33 Posted:
Joined: 11-22-2010
Posts: 569
why would my palms be rubbed raw? I don't get that either, dude.
jpotts Offline
#34 Posted:
Joined: 06-14-2006
Posts: 28,811
dsmokers wrote:
why would my palms be rubbed raw? I don't get that either, dude.


Yes, Jimmy, we're all aware of what you "don't get."
dsmokers Offline
#35 Posted:
Joined: 11-22-2010
Posts: 569
all you did was leave out the last part and say the same thing. Are you okay, potts?
cbc812 Offline
#36 Posted:
Joined: 01-31-2007
Posts: 4,222
rfenst wrote:
Perhaps, you have no idea what you are doing.


It seems that even potts has the ability to operate basic tax-preparation software, so he might know what he is doing.

What is evident, however, is that he has no idea what he is talking about. As noted by other posters, computing one's tax rate and thus the results of a president's tax policy using your tax refund amount is almost criminally stupid. Cluelessness and willful stupidity should be no surprise to anyone familiar with potts' screeds.
rfenst Offline
#37 Posted:
Joined: 06-23-2007
Posts: 39,403
Amen.
frankj1 Offline
#38 Posted:
Joined: 02-08-2007
Posts: 44,242
Though I have absolutely no interest in this person's finances, it is certainly clear that he also has no interest in actually discussing them. Also clear is that he simply used a provocative topic to find a new way to attack the president. Sorta getting boring. Coulda been done in a more clever way.

The secondary story line emerging is getting more and more personal and for that reason alone I shall continue to read new posts.

End of round 7. To your corners, gentlemen

Frank
dsmokers Offline
#39 Posted:
Joined: 11-22-2010
Posts: 569
Aw Frank! Now when Potts gets to use the computer again, he's going to come back here in 10 days and really tear you a new one.

Applause
Dancing
frankj1 Offline
#40 Posted:
Joined: 02-08-2007
Posts: 44,242
Funny.
derfladnar Offline
#41 Posted:
Joined: 11-07-2008
Posts: 1,905
I'd be happy to pay more taxes this year...Anyone want to give me couple million...I promise I won't say one bad word about the amout of taxes I have to pay.
HockeyDad Offline
#42 Posted:
Joined: 09-20-2000
Posts: 46,187
I did my taxes today and I got something called the "Obama Cone of Protection Screw JPotts Credit".

Now I'm getting a huge refund!
wtjvj Offline
#43 Posted:
Joined: 09-26-2006
Posts: 9,973
"Obama Cone of Protection Screw JPotts Credit".


LMAO
frankj1 Offline
#44 Posted:
Joined: 02-08-2007
Posts: 44,242
HockeyDad wrote:
I did my taxes today and I got something called the "Obama Cone of Protection Screw JPotts Credit".

Now I'm getting a huge refund!



But are you paying more than JPotts?
Is Jpotts paying more than before? Curious minds want to know.

Frank
HockeyDad Offline
#45 Posted:
Joined: 09-20-2000
Posts: 46,187
frankj1 wrote:
But are you paying more than JPotts?
Is Jpotts paying more than before? Curious minds want to know.

Frank



I don't have to pay anything and withholding and estimated tax payments are being refunded. They said JPotts would make up the amount!

Sweet!
frankj1 Offline
#46 Posted:
Joined: 02-08-2007
Posts: 44,242
^
invest in Cuban tobacco futures
jpotts Offline
#47 Posted:
Joined: 06-14-2006
Posts: 28,811
frankj1 wrote:
Though I have absolutely no interest in this person's finances, it is certainly clear that he also has no interest in actually discussing them. Also clear is that he simply used a provocative topic to find a new way to attack the president. Sorta getting boring. Coulda been done in a more clever way.

The secondary story line emerging is getting more and more personal and for that reason alone I shall continue to read new posts.

End of round 7. To your corners, gentlemen

Frank


If you have no interest in my personal finances, why do you continue to express interest?

Oh wait, that's you being "clever"...got it...
jpotts Offline
#48 Posted:
Joined: 06-14-2006
Posts: 28,811
HockeyDad wrote:
I did my taxes today and I got something called the "Obama Cone of Protection Screw JPotts Credit".

Now I'm getting a huge refund!


Bastige!

I think you're secretly French Canadian, but refuse to admit it.
fretkillr Offline
#49 Posted:
Joined: 11-30-2008
Posts: 2,579

Wish I could kid around here. I f*cking hate how much more I'm paying. Did I mention I made $5K less, but am paying $2K more? Un-f*cking-believable.


When the Doosh was being interviewed by O'Reilly before the Superbowl, when he said he lowered taxes, I flipped and started screaming at the screen: "You Liar! You F*cking LIAR! You suck, you lying some-b*tch!"


Then I started drinking.




fret


SMB
Kawak Offline
#50 Posted:
Joined: 11-26-2007
Posts: 4,025
Maybe this guy can help Potts. He's really good with his own taxes and budgets!

SESSIONS talking with GEITHNER: "Let's talk about our interest situation under your budget. The interest increases every year. It was $187 billion in 2009. Under your proposal, the interest increases to $844 billion. And would you not agree that that's a stunning figure, perhaps the fastest growing item in the budget? And all of that is a direct result of the debt we're running up, and only a modest expectation of interest rate increases."

GEITHNER: Senator, absolutely. It is a[n] excessively high interest burden. It's unsustainable --

SESSIONS: Well, it's your plan! For the ten years. I mean, that's the one the president has submitted! That's what he's asked us to vote on. It will result in this -- and that's your numbers, off your budget.

GEITHNER: Senator, you're absolutely right. With the president's plan -- even if Congress were to enact it, and even if Congress were to hold to it and reduce those deficits to 3% of GDP over the next five years -- we would still be left with a very large interest burden and unsustainable obligations over time. That's why we're having the debate. I completely agree with you. But the question, though, is -- just to be direct about it -- what's the alternative plan?

SESSIONS: Well, what your plan is is that plan. It's the one you're required by law to submit, and that's what you called for, and it's not acceptable. I'm sorry, it's a plan not for "winning the future," but losing the future.

Ahhh... Liberal intelligence! Pray Brick wall
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