I don't think about it, take a witholding rate that is quite high and am delighted when I get my refund every year.
why can't they do it? Like yank pointed out, all you need to do is have a certain amount deducted from your paycheck and routed into an investment account and still have around $2k come back in a tax refund so that you have peace of mind that you won't have to pay at the end of the year. It really doesn't take much discipline. Let's use the $13k refund as an example. That's a little over $1083 per month. Let's take $900 a month and get that back in your paycheck which will be $10,800 at the end of 12 months and then you would still get $2196 in a refund and not have any fear of having to pay any additional taxes but have the larger chunk available for you to use throughout the year whether it means a purchase or investing. It's really very simple and if you are uncomfortable calculating the right amount a small investment in an accountant can likely set it up and not cost a lot.
I'm not going to speak for donkiez, but there has always and will always be a tendency of one generation to blame their problems on the generation that came before them and often times there are truths to it. Often times it doesn't come with an adequate acceptance that the world the generation before you inherited wasn't perfect either, but it's very natural to point at the older group and say well because you guys did "X, Y and Z" were all screwed. I'd say most of the time those decisions weren't based on trying to screw over the next generation, they were usually just selfish and future generations weren't considered much in the process. I'm sure in 20 years our kids will look at our generation and have many complaints about what we did. It's kind of just a cycle.
Then why in hell are you using that "generational" tag?...it's irrelevant...just as irrelevant it would be for me to label someone in a derogatory way as a "millennial". It reeks of the same incorrect mindset I had against my parents generation and theirs before them and so on. As for the rest of your rant, it conversely shows how "out of touch" you are...you have absolutely no idea anything about me, and again, NOTHING was ever "GIVEN" to me. And claiming I have not had to deal with health, education, and living cost is also an ignorant statement. Costs have gone up?...well no shit. So have salaries.
He's probably offended because you are labeling people and lumping everyone in a particular category. Many of us "boomers" as you like to call us have kids that are from "younger" generations so maybe we aren't as out of touch as you like to claim. All we are doing is offering some free advice that many of us have already experienced, but hey, that's typical of younger generations as they think they already know it all (see how easily I labeled a generation) so they don;t need any advice.
Yup, and I just touched on that very subject. And I don't believe it is "natural" if in reality, it is also patently wrong. It took me years to really grasp everything my parents sacrificed for me and their parents sacrifice for them...and what I sacrificed for my children...but that's our job and what we're supposed to do. FWIW... what you posted reminded me of one of my fav tunes; Every generation blames the one before...and all of their frustrations come beating on your door."
Hmm, I don't know if natural is the right word but it seems to come to people fairly naturally that hey this part of my life is messed up and I need to blame someone for it, and then point to their parents.
If you think salaries have increased anywhere near what the cost of health care, education and rent have increased by then you are more out of touch than I thought.
The free advice being offered is kind of condescending. No wonder you guys dont understand why Bernie is a thing.
Young people have it MUCH more difficult today. I think education is the key, but college is ridiculously expensive today. I was lucky when I went to school it was about $300 per term if I remember correctly. Then I got work to pay for my advanced degree. I don't know how kids can do it today.
I think the chances of Bernie winning to nomination are up in the air, in other words, who knows. I think Bernie supports a lot of policies that stand little chance in Congress but those policies stand in stark contrast to Trump and for that reason alone I'd love to see Bernie beat the shit out of Trump. Payback's a bitch.
LOL...why are you so full of venom?...again, you have absolutely no idea what hourly wage was when I got my first job or how much rent or housing costs were. I'm quite sure relatively speaking, in proportion, there's not much difference.
I went to college when the GI bill paid $110/month for tuition, fees, books, room, board and incidental expenses for the term. I rented a small duplex with a roommate as well as owned a car and needed a loan of an additional $300/month along with a summer job to pay for my extravagant lifestyle. My job? A whopping $1.75/hr.
There's a huge difference. It's been well-chronicled that wages have not kept up with the increases in the cost of insurance, education and, especially, housing.