The Money Mustache Community

Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: luigi49 on April 15, 2014, 12:25:20 PM

Title: How much did you give
Post by: luigi49 on April 15, 2014, 12:25:20 PM: to Uncle Sam this year? I paid 5k for mine and I am pissed.
Title: Re: How much did you give
Post by: Zikoris on April 15, 2014, 12:27:46 PM: I paid about $1600 to the Canadian government. However, I got pretty good "value for my money" as I was hospitalized for a week last summer with Meningitis, which didn't cost me anything.
Title: Re: How much did you give
Post by: arebelspy on April 15, 2014, 01:01:12 PM: Quote from: serpentstooth on April 15, 2014, 12:27:27 PM
You may be interested in this thread:

https://forum.mrmoneymustache.com/ask-a-mustachian/what-are-average-income-tax-rates-for-mustachians/

I think you accidentally cut and paste in a link to the wrong thread.

The thread the OP was interested in was this one: https://forum.mrmoneymustache.com/off-topic/ot-a-step-by-step-guide-to-complaining-about-your-taxes/
Title: Re: How much did you give
Post by: Roland of Gilead on April 15, 2014, 01:13:22 PM: Stock trading generates a lot of taxes:

https://twitter.com/lx21/status/455122036377911296/photo/1 (https://twitter.com/lx21/status/455122036377911296/photo/1)
Title: Re: How much did you give
Post by: arebelspy on April 15, 2014, 01:30:47 PM: Quote from: Roland of Gilead on April 15, 2014, 01:13:22 PM
Stock trading generates a lot of taxes:

https://twitter.com/lx21/status/4551...911296/photo/1 (https://twitter.com/lx21/status/4551...911296/photo/1)

Link is broken (ellipses in the middle killed it).
Title: Re: How much did you give
Post by: Roland of Gilead on April 15, 2014, 01:51:41 PM: Quote from: arebelspy on April 15, 2014, 01:30:47 PM
Quote from: Roland of Gilead on April 15, 2014, 01:13:22 PM
Stock trading generates a lot of taxes:

https://twitter.com/lx21/status/4551...911296/photo/1 (https://twitter.com/lx21/status/4551...911296/photo/1)

Link is broken (ellipses in the middle killed it).

Oops, fixed it thanks.
Title: Re: How much did you give
Post by: garth on April 15, 2014, 05:58:18 PM: We owed about $18,000 to the USA and about $6,000 to our state. We should owe more, in my opinion, but what are you going to do.
Title: Re: How much did you give
Post by: MayDay on April 15, 2014, 06:12:01 PM: We are about the same as Garth, which I considered a bargain.

Paying taxes doesn't make me mad. Crazy antics of politicians which waste said money makes me mad. We get a lot for what we pay, IMO. And. Being in the US, that doesn't even include healthcare. I mean, just having such awesome roads to drive on is worth a good chunk!
Title: Re: How much did you give
Post by: Guizmo on April 15, 2014, 06:50:01 PM: I paid 8% effective rate mainly because I don't make a lot and got a bunch of saver credits. I used to live in a shitty country so I don't mind paying taxes to live in this beautiful, safe and prosperous one!
Title: Re: How much did you give
Post by: Cwadda on April 15, 2014, 06:50:29 PM: $213
Title: Re: How much did you give
Post by: CarDude on April 15, 2014, 07:04:16 PM: Quote from: Mr. Tummy Mustache on April 15, 2014, 12:28:04 PM
Give? Not sure that's the best word to describe taxes.

+1. I thought this was a charity thread.
Title: Re: How much did you give
Post by: luigi49 on April 15, 2014, 08:13:05 PM: Garth and Mayday WOW.
Title: Re: How much did you give
Post by: webguy on April 15, 2014, 09:17:46 PM: About $28,000 in federal and $4,000 in state taxes. Probably going to be closer to $50,000 for this year.. ouch!
Title: Re: How much did you give
Post by: spoonman on April 15, 2014, 10:41:35 PM: I'm not gonna say how much we paid in total, but we had to give back an additional 8K to Uncle Sam this year. I've never had a bill that damn high before (but, of course, I can't really be complaining).