Results 1 to 7 of 7
Like Tree2Likes
  • 2 Post By dcan

Thread: Do you pay federal taxes? If so then you owe $135,000

  1. #1
    ryoder is offline King / Queen
    Join Date
    Nov 2010
    Location
    Tampa, FL
    Posts
    2,061

    Default Do you pay federal taxes? If so then you owe $135,000

    Check it out. The US national debt is over 15 trillion dollars and each taxpayer owes $135,000 of that if we all split it evenly.
    This is 5x the amount in 1987, 200 years into this nation's history.
    U.S. National Debt Clock : Real Time

    It is really sickening. Everybody start saving up money to pay China back because they have more foot soldiers than we do.
    BSBA CIS from TESC, BA Natural Science/Math from TESC
    MBA Applied Computer Science from NCU
    Enrolled at NCU in the PhD Applied Computer Science

  2. #2
    frankiebleyes is offline Baron / Baroness
    Join Date
    Feb 2009
    Location
    Tennessee
    Posts
    468

    Default

    Look's like the irs is already trying to collect the $135,000 from tax refunds due to taxpayers for 2011. LOL glinch in irs computers causing many early filers to not get their refunds last week and many more to be checked for fraud. You should see the crap going on in the tax forums regarding the delays -- it is like they will die if they don't get their refund this week or next. I've filed but I'll get my refund when I get it. Never count on money u don't have in your hands already. When I worked I never got a refund but don't control withholding since retired. Oh well. Everyone have a good day.
    A.S. General Transfer Chattanooga State 2009
    B.S.L.A. Thomas Edison State College June 7, 2013
    33 CLEP
    18 DSST

  3. #3
    MomOfMany's Avatar
    MomOfMany is offline Knight Champion
    Join Date
    Jun 2009
    Posts
    284

    Default

    That is slightly under 3 times my dh's yearly salary.
    And slightly more than what I owe on my house.
    Martha
    Home Educating 7 sons & 3 daughters so far
    Yes, they're all ours!

    Credits from CC classes:
    eng 1113 freshman comp 1
    eng comp 2
    pos 1113 american fed gov't (I believe this was political sci.)
    spa 1103 spanish 1
    bio 2123 human ecology
    his 1493 american history civil war era - ore
    phi 1113 intro to philosophy
    soc 1113 intro to sociology
    total credits 24 hours for mom
    gpa 3.12

    Currently home schooling 2 oldest kids for:
    CLEP West Civ 1 = 50, 64
    CLEP West Civ 2 = 58, 60
    DSST Intro to Geology
    DSST Astronomy


    Need help deciding which of the big 3 to use? Then go look at Awesome Alissa's Pros/Cons of the Big 3 Comparison.

  4. #4
    abdibble is offline Minor Noble
    Join Date
    Nov 2011
    Posts
    19

    Default

    I am 26 years old, i dont even make in the 30k's this is completly irresponsible,and politically crippling for any canidate..
    If the only tool you have is a hammer, you tend to see every problem as a nail.
    Abraham Maslow-

    Completed Clep's and Dsst's
    • Analyzing & Interpreting Literature (56)
      Here's to Your Health (438)
      Principles of Supervision (419)
      Fundamentals of Counseling (55)
      Human Growth and development (F)
      Educational Psychology(F)
      Intro to Psychology (63)
      Up Next: 15/60 credits for an AA in social sciences from Tidewater Community college!



  5. #5
    dcan is offline Grand Duke / Duchess
    Join Date
    Apr 2011
    Posts
    1,027

    Default

    Quote Originally Posted by abdibble View Post
    I am 26 years old, i dont even make in the 30k's this is completly irresponsible,and politically crippling for any canidate..
    No it's not. You just channel class warfare and demonize success and let the idiots vote you in. Works every single time.
    ryoder and columbia like this.

    Goal: TESC BA Computer Science (switched from BSBA CIS)

    After completing all but 4 gen eds for the BSBA, in June 2013 I switched to BA CS to go full-STEM and due to life and career I am now slow-rolling it until complete. Current ETA Fall 2015.

    Done:
    AAS Computer Science, CCAF
    CLEP: A&I Lit, CCM, College Math, Fin Acc, Marketing, Mgmt, Microecon
    DSST: Public Speaking, Business Ethics, Finance
    ALEKS: College Algebra, Trig, Stats
    Classes: Composition, Business Law, Macroecon, Managerial Accounting, Strategic Mgmt (BSBA Capstone), C++, Data Structures, Calc I

    Left:
    Classes: Calc II, Linear Algebra, Computer Arch, Operating Sys, CS Capstone
    CLEP: 3 gen ed

    Wife & step-son pursuing state emergency management certification & Big 3 options.

    Newbies Links (READ) (READ)
    Unofficial Community-Supported DegreeForum Wiki (link approved by forum admin)

    Testing Overview | Exam Resources | Test-Specific Feedback (IC subscribers only)

  6. #6
    ryoder is offline King / Queen
    Join Date
    Nov 2010
    Location
    Tampa, FL
    Posts
    2,061

    Default

    It is extremely sad. Those of us that are a bit older lived beyond our means. We paid somewhat low taxes, reaped massive benefits in education, healthcare, government investment, waged expensive wars foreign and domestic, paid way too much for infrastructure that went to unscrupulous companies and invested in pet projects like Obama's Solendra and you young people will have to ultimately pay the price. You will have crippling tax rates, underfunded social services, a skyrocketing interest rate on your debt and will probably take 100 years to pay off the debt we have accumulated in the past 20 years. It is sickening.

    If any of you disagree. Just think how many years it takes to pay off your own reckless consumer spending over 1 year. I think the 5x ratio is realistic. It will be 100 years until this 16 trillion dollar debt is racked up. Obama alone added about 5 trillion since he gained control. Maybe its not all his fault but he certainly is not the model of restraint in spending. It is really sickening. What if China calls in our debt? What then?
    BSBA CIS from TESC, BA Natural Science/Math from TESC
    MBA Applied Computer Science from NCU
    Enrolled at NCU in the PhD Applied Computer Science

  7. #7
    dcan is offline Grand Duke / Duchess
    Join Date
    Apr 2011
    Posts
    1,027

    Default

    Quote Originally Posted by ryoder View Post
    What if China calls in our debt? What then?
    This is actually the ending of the book How An Economy Grows... And Why It Crashes. Starring Ben Barnacle.

    It uses simple cartoons very effectively, like Hayek's brilliant The Road to Serfdom from the 1940s.

    Goal: TESC BA Computer Science (switched from BSBA CIS)

    After completing all but 4 gen eds for the BSBA, in June 2013 I switched to BA CS to go full-STEM and due to life and career I am now slow-rolling it until complete. Current ETA Fall 2015.

    Done:
    AAS Computer Science, CCAF
    CLEP: A&I Lit, CCM, College Math, Fin Acc, Marketing, Mgmt, Microecon
    DSST: Public Speaking, Business Ethics, Finance
    ALEKS: College Algebra, Trig, Stats
    Classes: Composition, Business Law, Macroecon, Managerial Accounting, Strategic Mgmt (BSBA Capstone), C++, Data Structures, Calc I

    Left:
    Classes: Calc II, Linear Algebra, Computer Arch, Operating Sys, CS Capstone
    CLEP: 3 gen ed

    Wife & step-son pursuing state emergency management certification & Big 3 options.

    Newbies Links (READ) (READ)
    Unofficial Community-Supported DegreeForum Wiki (link approved by forum admin)

    Testing Overview | Exam Resources | Test-Specific Feedback (IC subscribers only)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8