R
Rod Speed
Guest
"Commander Kinsey" <CFKinsey@military.org.jp> wrote in message
newsp.z28fvcgdwdg98l@desktop-ga2mpl8.lan...
In all but the USA, it's the main tax most pay in the first
world. Only the unemployable dregs like you pay most
of the tax they pay in the VAT and fuel and sin taxes.
> It's one of only 50 taxes.
What matters is how much you pay in each one.
newsp.z28fvcgdwdg98l@desktop-ga2mpl8.lan...
On Tue, 11 Jun 2019 18:35:47 +0100, Rod Speed <rod.speed.aaa@gmail.com
wrote:
"devnull" <devnull@127.0.0.1> wrote in message
news:n_PLE.43682$T52.29836@fx35.iad...
On 6/11/19 9:40 AM, Commander Kinsey wrote:
And if you don't have the money stored in a tax-free IRA, you'll pay
income tax on your losses.
Dunno what an IRA is, but all ISAs are tax free AFAIK.
Hang on, losses? Surely you pay income tax on your income, not losses.
Yah, it's called "Republican taxpayer privilege". The bank pays you 2%
interest but inflation goes up 3%.
Essentially you have less buying power at the end of the year and yet
you
still have to pay taxes on the 2% "gain".
The democrats have lots of slick scams to take money from working
taxpayers and give it to their lazy welfare constituents.
And yet only half pay any income tax. Or are you saying that the Dems are
so
clever that they have worked out how to make just Repugs pay income tax ?
Who cares about income tax?
In all but the USA, it's the main tax most pay in the first
world. Only the unemployable dregs like you pay most
of the tax they pay in the VAT and fuel and sin taxes.
> It's one of only 50 taxes.
What matters is how much you pay in each one.