• Taxes (was: Re: Insurance)

    From JOE MACKEY@1:135/392 to GEORGE POPE on Sun Jan 30 07:38:00 2022
    CP wrote --

    Even if you're not officially in charge, you know it'll make your job easier in the long run, eh?

    Anything to make my life easier I'm all for. :)

    Ford & Walton were tyghinknig in terns of their grandchildren & beyond, not only to the next quarterly report & a blip in the profits they've cashed in on to the tune of 7+ figures.

    I once read the difference between a politician and a statesman is the politician looks to the next election, the statesman to the next generation.

    Some guys are collecting welfare or EI & like under the table cash jobs (fraud by any other nmame) at the same time.

    I'm sure a lot of those temps were on some sort of government program.

    I actually know several ways I can bypass all this & double dip easily,

    I am currently double dipping. I am on SS and working.
    With Social Security one can earn extra money with a cap, go over that
    and the feds take it.
    I was talking with some of the cops at work the other day and said that
    "Big Daddy" (my nickname for the owner, whom they know, who is a cop in a nearby town) is looking out for us by paying very little so this doesn't happen. :)
    I'm not sure what the cap is but I'm under it.

    So you get taxed by akll 3 levels of goverbment?!

    And not just that.
    Say you buy a car or house. You are taxed first for the car/house. Then each year you are taxed on it again as personal property.
    Plus in WV a car is considered a luxury, and there is a luxury tax.

    I'm trying to get it so my city can raise money by taxes other than property & gas, as is allowed in our Constitution. (our federal evel is not allowed to raise money by income taxes nor sales ta=xes,. yet does both with impunity, & even the Supreme Court c

    Cities in WV are not allowed to have a city tax, per se.
    They get around this by having "business and occupation" taxes. These
    are passed on to the consumer and such things as a gas or electric bill will list this, that and the other tax (fed/state) and list the B&O tax as well.
    Its like the old Beatles song, "Taxman".
    https://www.youtube.com/watch?v=l0zaebtU-CA&ab_channel=TheBeatles-Topic

    We have Emplyment Insurance up here you pay into from each paycheque.

    Oh, and WV also taxes one unemployment money when drawn on. Money one
    has already been taxed on as well.

    I don't have a lot invested and frankly don't recall what the money is in. Half is in bonds. Pays little but safe, and half is in the market.

    Mutual Funds via your bank?

    I believe so.

    Nice tyhing about this echo is we can chat like this, preaching to the choir & the rare new gen who wants to, can read & be inspired by our war stories :D

    Yep.
    Joe
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    * Origin: Fidonet Since 1991 www.doccyber.org bbs.docsplace.org (1:135/392)
  • From George Pope@1:153/757 to Joe Mackey on Mon Jan 31 14:56:02 2022
    CP wrote --
    Even if you're not officially in charge, you know it'll make your job easier
    in the long run, eh?
    Anything to make my life easier I'm all for. :)

    I'm with you on thaty one!

    I prefer to be efficient ("intelligently lazy")

    I once read the difference between a politician and a statesman is the politician looks to the next election, the statesman to the next generation.

    There you go -- & businessowners are like this, too -- there are true entrepreneurs, & then there are venture capitalists.. .

    I am currently double dipping. I am on SS and working.

    It's not "doubledipping" per se, if you're within the defined caps & other parameters.

    They go after us with a vewnmgrerance for collecting earned moneyt along with government m,omney,. but these same gungho hunters, retire to do the same, working 2 or more government fluff jobs simultaneously, with a 6-figure "golden parachute" for each.

    With Social Security one can earn extra money with a cap, go over that
    and the feds take it.

    Samewith our types of income assistance (social programs)

    I was talking with some of the cops at work the other day and said that
    "Big Daddy" (my nickname for the owner, whom they know, who is a cop in a nearby town) is looking out for us by paying very little so this doesn't happen. :)
    I'm not sure what the cap is but I'm under it.

    Oh, me, too, but I declare when asked to. . .

    I don't pay taxes -- I collect them -- much better, from my point of view. . .

    I pay some taxes; just not income taxes. . .

    So you get taxed by akll 3 levels of goverbment?!
    And not just that.
    Say you buy a car or house. You are taxed first for the car/house. Then each year you are taxed on it again as personal property.

    I thought the big dea;l in the US was they can't tax wealth (property)?!

    Oh, that's only for the wealthy, not for average Joes, eh?

    Plus in WV a car is considered a luxury, and there is a luxury tax.

    Bloody hell!

    Even here, your first car is considered a necessity, not a luxury, unless it's worth over $80K or some thing. . .

    Even people on welfare can own a home & car, but I think total value at used selling prices must be under $100K.

    Cities in WV are not allowed to have a city tax, per se.
    They get around this by having "business and occupation" taxes. These
    are passed on to the consumer and such things as a gas or electric bill will list this, that and the other tax (fed/state) and list the B&O tax as well.

    They have as many loopholes as they need to do as they please. .

    Them & their wealthy buddies. . .

    Oh, and WV also taxes one unemployment money when drawn on. Money one
    has already been taxed on as well.

    Ditto here -- ludicrous, but established fact now.

    My brother had evidencde that the income tax & fecdferal sales taxes were illegasl, so he refused to pay them when he could (like only paying the perecentage of gas price that didn't include federal direct taxes); several gas statiojns called the co9ps & my brother would stand his grond & ask them under which statute they were going to arrest him for & were they sure they had a legal sdtanding to do so -- btw, here's a copy of our Constitution, by which all laws must comply.

    I believe your federal income tax is also illegal, but under a defintion of "person" & they are not taxing according to legally allowable methods of defining you.

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