Do you plan to retire some day? Here is a kiss for you!

Discussion in 'Blazers OT Forum' started by MarAzul, Sep 29, 2013.

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  1. MarAzul

    MarAzul LongShip

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    MarAzul, Sep 29, 2013
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  2. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    This was debated before Obamacare became law. It's a crap part of Obamacare and I guarantee you will go much higher.
     
    BLAZER PROPHET, Sep 29, 2013
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  3. julius

    julius Living on the air in Cincinnati... Staff Member Global Moderator

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    did either of you actually read the link?

    If you're a single person, the first 250K isn't taxed, and if you're married, the first 500K. And that's if you make over 200K as an individual, or 250K as a couple.

    Which means, the VAST majority of us won't have this tax.
     
    julius, Sep 29, 2013
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  4. KeepOnRollin

    KeepOnRollin Well-Known Member

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    Are you people very well off? If not then this will not be affecting you personally.
     
    KeepOnRollin, Sep 29, 2013
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  5. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    Look, STOP spoiling a good opportunity to crack the dems.
     
    BLAZER PROPHET, Sep 29, 2013
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  6. julius

    julius Living on the air in Cincinnati... Staff Member Global Moderator

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    Oh come on now, there are PLENTY of opportunities to crack on Dems (and Republicans) without making stuff up.
     
    julius, Sep 29, 2013
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  7. MarAzul

    MarAzul LongShip

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    Very short sighted of you. When you own a home, the sale of the home alone can push over the limit for that year. Geez, I wish you young fellas would grow up.
     
    Last edited: Sep 29, 2013
    MarAzul, Sep 29, 2013
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  8. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    True, but it's more fun to just make it up. Right, PaPaG? I said, right, PaPaG? PaPaG? PaPaG?
     
    BLAZER PROPHET, Sep 29, 2013
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  9. julius

    julius Living on the air in Cincinnati... Staff Member Global Moderator

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    Um, that's not how it works. Again, did you read the link you provided?

    Especially this part?

    Hate to break it to you, but most people do not live in houses that are worth 500K.

    The average income is about 50K (per household). That means if the person is single, they'd have to sell a house for a gain of 200K above the 250K threshold. That means they'd be living in a relatively nice house.

    Or a married couple would have to sell their house for what...450K above half a million dollars (I think? my math might be fuzzy)??
     
    Last edited: Sep 29, 2013
    julius, Sep 29, 2013
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  10. julius

    julius Living on the air in Cincinnati... Staff Member Global Moderator

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    I think he's in a penalty box of some sort.
     
    julius, Sep 29, 2013
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  11. MarAzul

    MarAzul LongShip

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    Really? Well let's hear it. How does it work? I built my house about 18 years ago for $150,000. I cut the lumber and pounded the nails. I suppose I would get about $900,000 for it now.
    My healthcare plan was dropped by my prior employer because of the new taxes on that coverage. So I may need to sell the house to pay the bills for my wife.
    Go for it, tell me how to skip this 3.8% new tax.
     
    MarAzul, Sep 29, 2013
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  12. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    I was being immature.

    And loving it.
     
    BLAZER PROPHET, Sep 29, 2013
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  13. julius

    julius Living on the air in Cincinnati... Staff Member Global Moderator

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    Anecdotal proof is always fun!

    your situation, which I doubt is nearly as accurate as you are saying, isn't average.
     
    julius, Sep 29, 2013
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  14. maxiep

    maxiep RIP Dr. Jack

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    I bet if you lived in LA, Chicago, NY or DC you'd be singing quite a different tune. At those levels, you're not very well off.
     
    maxiep, Sep 29, 2013
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  15. maxiep

    maxiep RIP Dr. Jack

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    Ah, I get it. If it doesn't affect you, then you're cool with it. How about a moron tax? SlyPokerDog can pay through the nose and I'll laugh and laugh.
     
    Last edited by a moderator: Sep 29, 2013
    maxiep, Sep 29, 2013
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  16. maxiep

    maxiep RIP Dr. Jack

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    By all means, keep punishing achievement and encouraging people to sit on their ass. There's always more money to tax. Just ask Detroit.
     
    maxiep, Sep 29, 2013
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  17. maxiep

    maxiep RIP Dr. Jack

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    Wanna bet? How many elderly people do you think bought their house for relative pennies, paid off the mortgage and think of it as their nest egg for retirement? That position describes pretty much the entire community in which I was raised.
     
    maxiep, Sep 29, 2013
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  18. MarAzul

    MarAzul LongShip

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    I am convinced, the moron tax as maxiep suggest is right for SlyPokerDog.
     
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    MarAzul, Sep 29, 2013
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  19. MarAzul

    MarAzul LongShip

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    On second thought SlyPokerDog is a fucking moron, with or without the tax. Now that might be worthy of being banned but, It is straight truth.
     
    Last edited by a moderator: Sep 29, 2013
    MarAzul, Sep 29, 2013
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  20. KeepOnRollin

    KeepOnRollin Well-Known Member

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    I wasn't defending it. It was a simple question. I guess some of you are that well off.
     
    Last edited by a moderator: Sep 29, 2013
    KeepOnRollin, Sep 29, 2013
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