Originally posted by sonhouse State and local taxes outweigh federal, at least for me. I tag out at about 10 percent fed, but 7 percent SSI, 6% state, then the property taxes, so it gets up there in spite of the low fed rate. But between the property tax and the school tax, that bill is 40% of our house payment. It seems wrong to tax 70 year olds for school tax, I think we should get a ...[text shortened]... re, no property tax there, once you own your house you don't pay rent to the government for it.
what about personal tax, is there a tax threshold before you are liable to pay personal tax?
Originally posted by sonhouse State and local taxes outweigh federal, at least for me. I tag out at about 10 percent fed, but 7 percent SSI, 6% state, then the property taxes, so it gets up there in spite of the low fed rate. But between the property tax and the school tax, that bill is 40% of our house payment. It seems wrong to tax 70 year olds for school tax, I think we should get a ...[text shortened]... re, no property tax there, once you own your house you don't pay rent to the government for it.
You forgot to mention the Federal tax for medicare which is 2.9% with
it being split between the employee and the employer.
Originally posted by RJHinds You forgot to mention the Federal tax for medicare which is 2.9% with
it being split between the employee and the employer.
I just noticed you said 70 year olds. If you are 70 years old, you are my
elder by three years. I thought you were a young fellow. In that case,
if I referred to you as a pip-squeak or idiot or whatever, I apologize.
Originally posted by RJHinds I just noticed you said 70 year olds. If you are 70 years old, you are my
elder by three years. I thought you were a young fellow. In that case,
if I referred to you as a pip-squeak or idiot or whatever, I apologize.
You can aplogize. Alright.
I reckon we get into all sorts of trouble on a net forum if we start judging by age,sex,race or religon. No?
Originally posted by karoly aczel You can aplogize. Alright.
I reckon we get into all sorts of trouble on a net forum if we start judging by age,sex,race or religon. No?
Everyone is pretty much anonymous, but I certainly don't want to
disrespect my elder. Perhaps I should tone down my language a bit.
But it seems easier to get the point across if you can be blunt. However,
my command of the language is not as good as it should be to do that
without using the common words I am used to hearing and understand.
Originally posted by RJHinds Everyone is pretty much anonymous, but I certainly don't want to
disrespect my elder. Perhaps I should tone down my language a bit.
But it seems easier to get the point across if you can be blunt. However,
my command of the language is not as good as it should be to do that
without using the common words I am used to hearing and understand.
Originally posted by RJHinds I just noticed you said 70 year olds. If you are 70 years old, you are my
elder by three years. I thought you were a young fellow. In that case,
if I referred to you as a pip-squeak or idiot or whatever, I apologize.