Taxes

gfretwell · 2019-05-26T05:55:41+00:00

There was a discussion in one of my other groups and someone said acouple making $100k was paying 20% income tax. I knew that was BS,even taking the standard deduction and nothing else. It ends up beingaround 8%. (I was paying more like 11% before the tax cut on 100k) To get to 20%, you need to make over $350,000From the work sheet at the end of the 2018 tax tables..$350,000minus $24,000 standard deduction326,000Times .32 tax rate104,320Minus $36.621 Adjustment for money in lower brackets$67,669That is still only 19.34% of $350kI think most people would think $360k a year is righteous bucks.

Taxes

May 26, 2019 84 Replies

Rate this thread:

invalid unparseable 7 years ago

Not sure you can blame administrative overhead. An assistant principal was telling my wife yesterday that administrators have to work much harder than teachers.

I blame the way our society has gone to put all these burdens on schools. Desegregation, enforced lack of being able to discipline are a huge part of the problem. A society more concerned about where a student can go to the bathroom than if the students are learning. Administrators have to handle all these burdens that should not be there.

Vote

Ed Pawlowski 7 years ago

Parents are part of the problem too. When I was in school you did not want your parent to hear from the teacher. You were wrong and got punished.

Now, the parents know that "my son/daughter would not do that, the teacher is picking on him/her"

No discipline any more. Students can tell a teacher to f*ck off and the teacher can't do anything.

Vote

trader_4 7 years ago

How much extra do you think multilingual education and paying for all the illegal alien kids is costing us? Democrats want more. Maybe instead of having sanctuary cities and sanctuary states, we rounded up the illegals and shipped them out, we'd save some money?

Vote

gfretwell 7 years ago

There were 40 in my 6th grade class. I have the class picture around here somewhere. One teacher.

Vote

gfretwell 7 years ago

A big part of the problem is the Taj Mahal schools they build these days. We just spent $50 million for ONE school. It is on Shangra La lane tho.

Vote

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required