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WHY ARE TAXES ALLOWED!?

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Thread replies: 69
Thread images: 12

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>graduate from university
>get a job offer, entry level position for 52k a year
>fuckyeah.jpg
>first job i've ever had
>realize I have to pay taxes now
>use a tax calculator to see how much I'll have to pay
>after taxes I make 38k a year
>I lose an additional $2000 to RRSP contributions
>when it's all said and done I only take home $36000

WHY IS THIS ALLOWED GOD DAMMIT!? I DON'T WANT TO SLAVE AWAY FOR 8 HOURS EVERY DAY JUST SO TRUDEAU CAN WASTE MY HARD EARNED MONEY ON REFUGEES!

Fuck. I should go back to being a NEET
>>
Fuck off, thats only around 30% of your income. Here it's 40%.
>>
>>128787961

t. reddit
>>
>>128787961

Someone has to pay for the cultural enrichment.
>>
>>128787961

Wow, it's almost like taxation is theft and really pisses people off when faggot liberals suggest that we should pay more because niggers and illegal Mexicans don't get enough federal aid.
>>
>>128787961
RRSP is your money, you idiot.
>>
Sux2bu
>>
>>128789245
I know, but I don't get it right away
>>
>>128787961
You're right
Let's just let the rich get richer removing the middle class by cutting taxes
>>
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>>128787961
>>128788397
ITT: RIGHT WING RETARDS HAVE ABSOLUTELY NO FUCKING CLUE HOW TAX BRACKETS WORK. THESE RETARDS NEVER UNDERSTAND THE DIFFERENCE BETWEEN MARGINAL AND EFFECTIVE.
>>
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>>128789245
>he thinks OP will live to see his retirement

>>128787961
get angry you FUCKING LEAF you'll need it soon
>>
>>128787961
we need more money to finance lesbian tap dancing studies
>>
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>be part of the 1%
>have to tax 60%
>no longer part of the 1%
>>
>>128789306

>tfw applying to medschool
>me and my gf will pay 54% of our income in taxes to pay for lazycucks.
>>
just work for bitcoin and don't pay any tax
>>
>>128787961
Because muh roads
>>
>>128789589
b...but who will build the roads?
libertarians btfo forever how will they ever recover?
>>
>>128789332
>Fucking over the middle class is synonymous with tax breaks directed towards the middle class.

KYS
>>
>>128789754
How many roads have you built?
>>
>>128787961
we have an effective tax rate of over 70% here.

and ALL that money goes to supporting shitskins.
>>
>>128789364
This

Federal tax rates for 2017

15% on the first $45,916 of taxable income, +
20.5% on the next $45,915 of taxable income (on the portion of taxable income over $45,916 up to $91,831), +
26% on the next $50,522 of taxable income (on the portion of taxable income over $91,831 up to $142,353), +
>>
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>>128787961
Your legal system, monetary system, national defense, healthcare, equivalent of social security, police, fire, product safety regulations, environmental regulations. On and roads.
>>
>>128787961
Because you live in Canada
>>
>>128787961
>>I lose an additional $2000 to RRSP contributions
That's an optional fund you don't have to take advantage of.

Also your $2000 in RRSP is removed from your taxable income.
>>
>>128787961
Welcome to the real world jackass
>>
>>128787961
And that is just before property/products tax. Welcome to the world of the slaves.
>>
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i make 0 dollars and 0 cents a year so consider yourself lucky
>>
>>128787961
I make $125k/yr as a Sr Mechanical Engineer / Manager.

Guess how much I pay in taxes?

38% is gone before I even get my checkz. $2500 turns to $1500. Then, I still have to pay property tax, sales tax, etc... What's left after a $125k salary is closer to $50k.

Fuck the government and fuck gibmedats
>>
It's funny how so many people are socialists until they get a job or, on the even more extreme side, start their own business. Especially in the latter case they suddenly realise that free-market capitalism is objectively the better system by a country mile.
>>
>>128789903
I don't build roads lol but I've contributed towards the fund that builds roads
although that fund is also being used to bring refugees over, finance trillions in military spending, and I'm paying the NSA to spy on me and all my neighbors

but but what about the roads!!!!
if a road needed built it would get done we don't need to give our money to someone else and trust them to do it
we all contribute to social security and the country is 20 trillion in debt, they don't know how to handle your money
>>
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>>128787961
Because you are a slave Neo...
Free your mind
>>
>>128790084
He calculated 26% on his entire $52k. This is a very common right wing retard mistake. I laugh it at all the time. These neckbeard nerd virgins are clueless.
>>
>>128790557
>we all contribute to social security and the country is 20 trillion in debt, they don't know how to handle your money
Clearly the nation had the ability to conduct all the work that 20 trillion paid for.

So the only question is why does a nation that can create it's own currency owe 20 trillion to anyone?
>>
>>128789412
Even if I do make it to retirement age it's not like any of us will actually get government pension money
>>
>>128790908
??
>>
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>>128790475
>wahhh i make 100k a year its not enough
>>
>>128790908
You pay more than just federal tax.
>>
>>128790921
So you're saying the country is capable of doing work because they're 20 trillion in debt?
I could go into debt easy, and would that mean I can do good work? You can't be serious.

And the federal reserve is a private entity that creates the money not the USA
>>
>>128787961
>realize I have to pay taxes now
Former Bernie supporter, I take it? Welcome to reality bitch.
>>
>>128790453
on the books or off the books?
>>
>>128789412
>get angry you FUCKING LEAF you'll need it soon

Noooo no remember anger is bad goy, it's bad, peace love and castrat- I mean, being nice.
>>
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>>128791374
Shiet I figured you were in Ontario. Who knew anyone makes $52k in PEI. Government job I bet.
>>
>>128791495
Yeah I know. >>128792148
>>
>>128791463
>you make more than I, so it's OK for me to steal from you
>>
>subsidized university so you don't have crippling debt after
>free health care so you don't have to declare bankruptcy if you get sick
>no niggers

Overall the tradeoffs are ok
>>
>>128787961
I was going to say calm down bro you can get quite a bit back with deductions but I'm not sure how leaf tax works. Glad I don't have state taxes at the very least and I got all mine back because my disabled mom stays with me and I claim her as a dependent.
>>
>>128787961
In the US, if you include insurance payments, car maintenance, etc. REAL taxes are around 40% of your income
>>
>>128789364
>jew leaf defends a tax greater than 0% on the bottom classes
no surprise there.

im sure they have you hard at work shilling on other websites since your attempts here failed horribly.
>>
>>128790908
Are you fucking retarded?
>>
>>128792626
Take home in Ontario, the best province, would be $43k
>>
>>128791898
>So you're saying the country is capable of doing work because they're 20 trillion in debt?

Yes as almost all the expense is money paid into the US economy. So the economic capacity wasn't exceeded. It's not like some micro nation that imported all it's labor. The ability for the nation to do work wasn't exceeded, they simply didn't have the money to pay for it because the monetary policy is terrible; So they borrowed it and well what do you know the work got done.

>I could go into debt easy, and would that mean I can do good work? You can't be serious.
You are not a national economy, so the comparison is invalid. You aren't borrowing money to pay yourself to do something.

>And the federal reserve is a private entity that creates the money not the USA
The Federal government still has the legal right and obligation to create currency.
>>
>>128792148
No, private sector.
>>128792503
Shit, I didn't even think of my car payments.
At least I don't have rent.
>>
>>128792379

In America, people who aren't retarded only get student loan debt for degrees that are useful in the job market and people who matter get good health insurance through their employer. Easy to avoid niggers if you stay away from the inner city, that's where the vast majority of them are concentrated.
>>
> Make 60k, a seemingly decent wage.
> pay 9k in federal income tax, down to 52k
> pay 2k in social security, down to 50k
> pay 2k in state income tax, down to 48k
> pay either 8k in property tax or 10k in rent, down to 38-40k
> pay 8% sales tax on anything you buy, effectively down to 34-35k
> still have to pay for food, transportation, utilities, possible mortgage, and student loans.
> lucky if you have $100 a month to spend on things you actually want.
No wonder why so many people say fuck it and live on welfare.
>>
>>128787961
work harder next time
>>
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>>128787961
Come join the part time master-cryptocoin trading race OP.

>mfw I made my first six figures by trading altcoins while working part time
>27
>>
>>128789332
people who earn $50k a year are the same as people who earn $10 million a year

shut the fuck up idiot

there should be a flat tax off 10%
>>
>>128787961
it's almost like you only realize how much taxes fuck you over when you have a real job.
>Trudeau spends your money on Islamic transvestite dance diversity college advisers
>>
>>128794046
You'd be making double your salary and taxes would be near zero if women couldn't vote or work. Just remember that.
>>
>>128792379
>Less school debt
That only kicked in this year for new students, I still have 20k student debt and I work in fucking retail, I'm still fucked.
>>
>>128788397
It's 25% above $37,950 so $52,000 after tax is $43,261.25.
>>
>>128794914
There's more than one tax, retard.
>>
>>128792565

The lowest earners in the US don't pay tax anyway.
>>
>>128787961
>36000
Poor leaf thinks he has real money. Down here that's only 26280.
>>
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The government in the us is to charge no income tax, and would fund itself through tariffs which also kept jobs here. That's to nationalistic though goy. Pay your income tax.
>>
>>128795977
Used to*
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>>128787961
>finally gets a job
>sees how taxes work

This is just the beginning of your life as a conservative. Now the healing can begin.
>>
>>128787961
The answer is simple
>Le jews
>The big hairy nose scheme
>Rats doing ther job
>Banking
>Oven doudgers hitting the shekels
>ATM machine with vacuum noses
>Kippa wearing
>Cut dick
>Moshe calling
>Gold collector
>>
Liberals are just Conservatives who haven't got their first paycheck yet.
If everyone received their entire paycheck in one lump sum and then had to pay each of the requires taxes before leaving the office, damn skippy they would be tax reform.
Thread posts: 69
Thread images: 12


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