>>I value my time in the Navy. But I would rather have retained my Health care benefit I earned in private business than use the VA benefits I qualified to receive. I do not expect you to know what those qualification are, but I can advise you, you probably don't want any. But in the first place, Obama took care of that. In the second case, I qualified before the he was born. >>> Ha! Have you ever paid 77% income tax? I suggest you would not like it. It also hampers the hell out of you getting ready of for the next phase. >>> That is our system that you folk voted to receive. It would not be my plan if I were to make the plan. Now that we are this far into this system, it would be very difficult to alter course. Difficult to change it maybe, but it maybe more difficult to continue.
Well, I don't know if it was bull, but I was in error. The year was 1977 and the tax rate was 68%. The point is the same. Previous Tax Year (1976) Tax Year 1977 / Filed April 1978 Next Year (1979) Federal- 1978 Single Tax Brackets Tax Bracket Tax Rate $0.00+ 0% $2,200.00+ 14% $2,700.00+ 15% $3,200.00+ 16% $3,700.00+ 17% $4,200.00+ 19% $6,200.00+ 21% $8,200.00+ 24% $10,200.00+ 25% $12,200.00+ 27% $14,200.00+ 29% $16,200.00+ 31% $18,200.00+ 34% $20,200.00+ 36% $22,200.00+ 38% $24,200.00+ 40% $28,200.00+ 45% $34,200.00+ 50% $40,200.00+ 55% $46,200.00+ 60% $52,200.00+ 62% $62,200.00+ 64% $72,200.00+ 66% $82,200.00+ 68% $92,200.00+ 69% $102,200.00+ 70% http://www.tax-brackets.org/federaltaxtable/1978 Ps. When you add 11% state income tax and self employment tax, you are well over the 77%. Right? @Chris Craig BTW what is the rule on mods insulting members with calling Bull Shit? @PtldPlatypus
When you make a statement and someone calls bull and then you admit it was a lie then it becomes bull shit. Are you telling us you paid around $55k in taxes that year?
Calling bullshit isn't an insult. That isnt attacking you, it is attacking a post. If someone said, "you're a piece of shit." That is an insult.
I see. Well then it doesn't make a hell of a lot of sense since the main point was a question for you. Do you remember the question?
Not a personal insult. Was talking about your post. You comfirmed I was correct making it fact. You paid $55,896 in taxes on $82,200 no damn way
Boo fucking who. Even if he did, back then with the remaining 27,000 he could have bought a house back then. How many people can buy a house with their take home today after taxes?
I never said what I paid. I asked someone if they had ever paid that percentage. But I admit I did not form the question quite accurately has I have explained. The point was.... Well forget that, can you detect the point? How would you like to pay that sort of tax? Lets just say 65% + 11% State tax, +self employment tax? Do think that would make you feel real good? Work hard to improve your business, put more hands to work?
"Even if he did, he could've bought two houses with the money he paid the government and let two homeless families live there rent-free and come out ahead in the deal. Thanks, IRS." Keep charity local.
No, because there weren't any homeless people back then. Everyone had two kids and a Chevrolet, and mom made apple pie for the neighborhood kids and still had something for daddy when he got home from work. barfo
