Who had to write a big check to the gov't today

Discussion in 'Blazers OT Forum' started by The_Lillard_King, Apr 15, 2009.

  1. The_Lillard_King

    The_Lillard_King Westside

    Joined:
    Sep 15, 2008
    Messages:
    12,405
    Likes Received:
    310
    Trophy Points:
    83
    . . . and if you did, do you still support Obama?

    I answer yes to both . . . but will be much more skeptical in evaluating Obama next year when we have a year worth of presidential decisions to evaluate.

    And if there ever is a day I'm not liking gov't . . . it's today. :sigh:
     
    Last edited: Apr 15, 2009
  2. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    69,949
    Likes Received:
    57,937
    Trophy Points:
    113
    Location:
    N.E.P.
    I love Obama. But I messed up and had them take out too much this year. I'm gettin some back! Taxes in the Pimpin' game are harsh!
     
  3. PapaG

    PapaG Banned User BANNED

    Joined:
    Sep 23, 2008
    Messages:
    32,870
    Likes Received:
    291
    Trophy Points:
    0
    Location:
    Tualatin, OR
    Paying roughly ~$500 total between state/fed, which isn't bad considering we made a bit of interest on what we didn't have withheld. Also remember that Obama had nothing to do with today's payment other than he was a senator at the time.
     
  4. AgentDrazenPetrovic

    AgentDrazenPetrovic Anyone But the Lakers

    Joined:
    Sep 16, 2008
    Messages:
    7,779
    Likes Received:
    34
    Trophy Points:
    48
    Location:
    LAX
    yes, no.

    well, actually I still "support" Obama but I don't agree with him on a lot of issues. So the "no" would not really be accurate but neither would a "yes".
     
    Last edited: Apr 15, 2009
  5. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

    Joined:
    Sep 15, 2008
    Messages:
    34,035
    Likes Received:
    24,902
    Trophy Points:
    113
    Location:
    Blazer OT board
    no, yes.

    barfo
     
  6. jwhoops11

    jwhoops11 Active Member

    Joined:
    Oct 27, 2008
    Messages:
    324
    Likes Received:
    26
    Trophy Points:
    28
    $1200 total from both, but I'll be honest, we had quite a few "sketchy" write-offs on the rental property at the beach. I figure it's all good though since the value of that home has dropped $50,000 since last year.
     
  7. crandc

    crandc Well-Known Member

    Joined:
    Oct 15, 2008
    Messages:
    21,463
    Likes Received:
    27,623
    Trophy Points:
    113
    Well, actually, this year's taxes are based on the Bush tax rate. Next year will be based on Obama rate and will go down for most of us.

    I got a modest return from fed and state. Does not change my position.
     
    julius likes this.
  8. Minstrel

    Minstrel Top Of The Pops Global Moderator

    Joined:
    Sep 16, 2008
    Messages:
    26,226
    Likes Received:
    14,407
    Trophy Points:
    113
    Occupation:
    User Interface Designer
    Location:
    Hello darkness, my old friend
    Not really / mostly.
     
  9. blazerboy30

    blazerboy30 Well-Known Member

    Joined:
    Sep 16, 2008
    Messages:
    5,465
    Likes Received:
    423
    Trophy Points:
    83
    I got quite a bit back, but that is only because I spent so much on real estate investments. Obama is trying to take that away though, don't worry. (lowering the income threshold at which you can declare a real estate loss).

    Oh yeah... no I don't still support Obama. :)
     
  10. mook

    mook The 2018-19 season was the best I've seen

    Joined:
    Sep 16, 2008
    Messages:
    8,309
    Likes Received:
    3,944
    Trophy Points:
    113
    Occupation:
    Buy a recipe binder at CookbookPeople.com
    Location:
    Jolly Olde England
    Yes and no. I curse my decision to vote for a guy who invented our arcane tax system, destroyed our economy, racked up decades of massive debt, hurled us into two wars and a housing bubble, and gave me herpes. All in four months.

    He's an evil, busy bastard. Damn him and his little dog Bo too.
     
    Last edited: Apr 15, 2009
  11. The_Lillard_King

    The_Lillard_King Westside

    Joined:
    Sep 15, 2008
    Messages:
    12,405
    Likes Received:
    310
    Trophy Points:
    83
    Good points about this not being Obama's taxes . . . although in a way that scares me.

    It was that damn AMT (alternative minimum tax) that nailed me. McDonalds anyone? Heck I would think about selling my palyoff tickets . . . but I just can imagine selling those when I have been waiting so long for playoff games.
     
  12. LOTBfan

    LOTBfan dangling chad

    Joined:
    Oct 15, 2008
    Messages:
    907
    Likes Received:
    18
    Trophy Points:
    18
    I owe to the state, but that is my fault, not the government's
     
  13. blazerboy30

    blazerboy30 Well-Known Member

    Joined:
    Sep 16, 2008
    Messages:
    5,465
    Likes Received:
    423
    Trophy Points:
    83
    But you are "rich" if you are buying playoff tickets. Obviously the government should be able to decide whether or not you are "rich" and how much is "enough".
     
  14. crandc

    crandc Well-Known Member

    Joined:
    Oct 15, 2008
    Messages:
    21,463
    Likes Received:
    27,623
    Trophy Points:
    113
    The worst tax nailing I ever got was after I'd been out of work a long time, got 2 extensions on unemployment and just starting working less than a month before tax time. It was Reagan who first instituted federal income tax on unemployment compensation, (you know those taxing liberals!) which up to then had been tax free. Now you can have it taken out of your unemployment checks but not at first, so I owed on about 16 months of unemployment, no savings, and then got a penalty because I had so much due even though I was not late or anything. I had an uncle may he rest in peace who was a CPA and he was able to get the penalty lifted but I still was in hock a couple of thousand. I was paying off debts incurred during unempoyed time, just to pay basic bills, and then had to add a loan to pay off the taxes.
     
  15. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

    Joined:
    Sep 15, 2008
    Messages:
    34,035
    Likes Received:
    24,902
    Trophy Points:
    113
    Location:
    Blazer OT board
    I don't mind paying the extra tax, but I sure hate the AMT forms. It almost doubles the complexity of the return.

    barfo
     
  16. MARIS61

    MARIS61 Real American

    Joined:
    Sep 12, 2008
    Messages:
    28,007
    Likes Received:
    5,012
    Trophy Points:
    113
    Occupation:
    retired Yankee
    Location:
    Beautiful Central Oregon
    Feds and Oregon will be sending us $700+ each, which is the silver lining for Bush almost destroying my livelyhood, and my wife battling and triumphing over a catastrophic illness all in the same year.

    Either way, it's just money, and I'm looking forward to a fantastic summer with friends and family, and a Blazers Championship!
     
  17. blazerboy30

    blazerboy30 Well-Known Member

    Joined:
    Sep 16, 2008
    Messages:
    5,465
    Likes Received:
    423
    Trophy Points:
    83
    Typical, pathetic American mindset these days: It is always somebody else's fault for your situation.
     
  18. The_Lillard_King

    The_Lillard_King Westside

    Joined:
    Sep 15, 2008
    Messages:
    12,405
    Likes Received:
    310
    Trophy Points:
    83
    I wouldn't mind the forms . . . if the number at the end was small. :D
     
  19. MARIS61

    MARIS61 Real American

    Joined:
    Sep 12, 2008
    Messages:
    28,007
    Likes Received:
    5,012
    Trophy Points:
    113
    Occupation:
    retired Yankee
    Location:
    Beautiful Central Oregon
    Yeah, I suppose you're right. :sigh:

    It must be MY fault that Bush not only created the largest Federal Deficit in history by borrowing from China and spent all of it on a War for Profit and NONE of the money on anything to improve our country in any way while alienating most of the world. :NOTMARIS:

    But as I pointed out in the part you edited, I have adapted to the disaster he created and have a very positive outlook we will overcome the ill effects of his treasonous incompetence.

    THAT is the typical American mindset these days. :cheers:
     
  20. maxiep

    maxiep RIP Dr. Jack

    Joined:
    Sep 12, 2008
    Messages:
    28,291
    Likes Received:
    5,854
    Trophy Points:
    113
    Occupation:
    Merchant Banker
    Location:
    Denver, CO & Lake Oswego, OR
    So, Obama tripling the National Debt makes it all okay? That's good debt?

    Ah, the soothing effects of Soma. Thank Ford for Obama.
     

Share This Page