2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Per capita spending does not matter in PERSONAL income taxes - people need to pay their fair share. Just because some choose to segregate themselves in wealthy enclaves does not mean they deserve to...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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It's a cost/benefit analysis.
SSI was a wrong example, but you haven't justified the difference in education, infrastructure, subsidies, housing development.
I can't say what exact number for a...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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You are making statements, but not giving an EXAMPLE. You initially started out with SSI, but I pointed that you were wrong, so please give one where an INDIVIDUAL gets greater benefit. Yes, we all...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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I'm pointing out the fact that federal spending is not distributed equally across individuals living in different areas. It doesn't matter what federal and state role 'SHOULD BE'. That's not the...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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The better objection you should be raising is why the federal government has overreached so much into areas that should always have remained state and local issues? If the federal government stuck to...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Actually, even though there is an education line, for the most part, that is a state expense, per the Constitution, and not really impacted by FEDERAL taxes. Yes, there are subsidies from the Feds,...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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The graph was a list of spending government. Like I said, pick a category and justify the difference. The numbers inside the chart has nothing to do with the per capita tax/benefit differences.
...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Well, you just linked to a chart, but with no reasoning behind why you feel that the person living in the NE making $400K gets less SSI benefits than the person living in the midwest making the same...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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https://media.nationalpriorities.org/uploads/discretionary_spending_pie%2C_2015_enacted.png
Take your pick.
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Well, assuming that the two people making the same $400,000 salary I had mentioned earlier, and assuming they both had the same average for highest earning years, they would both qualify the same...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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You're only looking at one side.
Explain how FEDERAL spending per person differs when two people earn the same income and pay the same tax rate?
Wouldn't it be "only fair" they both benefit the...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Also, it is not freeload "states" - there are individuals that receive benefits. You want to complain about SSI, medicaid, etc - well, they have to be supported somehow.
Federal taxes pay for the...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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What is the Federal Tax used for? What the individual benefit from it?
Still dollar for dollar, benefits do not come close to taxes paid at INDIVIDUAL LEVEL.
Compare only the individual benefits,...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Federal Taxes are INDIVIDUAL - there is no "group discount". This is just a bunch of whiny people in the NE that don't want to pay their fair share....
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Because on average NE pays more FEDERAL tax per capita than TX. TX as a whole is a moocher in this case and on average everyone in Texas.
The federal government spends a disproportionately large...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Ok, explain why someone in the NE making $400K should pay less in FEDERAL taxes than someone living in TX making the same amount? Why should the extra dollars payed to their STATE in the NE have any...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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reading comprehension fail. :facepalm:
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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36 Replies
4,011 Views
It does not matter what your COUNTY pays - it matters what people pay as individuals. If you make $400K and pay less in federal taxes than someone else in a state that chargers less, YOU are the...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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Please be more polite and a lot more careful about assuming the intelligence of others. Thanks so much. You spend too much time in a finance forum skating around the edge of politics, we have a...
2018, largest drop in household net worth since 2008.
Thread created 03-07-2019 by shinyraindrops
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36 Replies
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Instead of stacking or stuffing under your mattress, why don't you just put them in VT and VTI, with perhaps some BND, and let it ride for decades, come boom or bust??
Serious question!! People...
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