G oog le BadWeB | Login/out | Topics | Search | Custodians | Register | Edit Profile


Buell Motorcycle Forum » Quick Board Archives » Archive through April 17, 2009 » Just how much does the IRS take from us in one year? « Previous Next »

Author Message
Top of pagePrevious messageNext messageBottom of page Link to this message

Wolfridgerider
Posted on Thursday, April 16, 2009 - 10:47 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Just how much does the IRS take from us in one year?

I don't think I have ever heard that number.
Top of pagePrevious messageNext messageBottom of page Link to this message

Darthane
Posted on Thursday, April 16, 2009 - 11:03 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

http://money.cnn.com/2009/04/14/pf/taxes/_federal_ tax_revenue/index.htm

Projected individual income revenue for first half of 2009 is ~$440B, according to that report.

...or do you mean the actual percentage each of us pays after deductions, etc?
Top of pagePrevious messageNext messageBottom of page Link to this message

Brinnutz
Posted on Thursday, April 16, 2009 - 11:06 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I think he means, how much total from all persons who pay the IRS, how much do they get.
Top of pagePrevious messageNext messageBottom of page Link to this message

Wolfridgerider
Posted on Thursday, April 16, 2009 - 11:08 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

...or do you mean the actual percentage each of us pays after deductions, etc? no...

I want to know just how much they take in in one year of OUR money....
Top of pagePrevious messageNext messageBottom of page Link to this message

Limitedx1
Posted on Thursday, April 16, 2009 - 11:09 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

enough that every cent probably isnt represented correctly...........pockets have to get fat from that huge amount of money im sure
Top of pagePrevious messageNext messageBottom of page Link to this message

Wolfridgerider
Posted on Thursday, April 16, 2009 - 11:09 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I think he means, how much total from all persons who pay the IRS, how much do they get.

Thats the ticket....
Top of pagePrevious messageNext messageBottom of page Link to this message

Bill0351
Posted on Thursday, April 16, 2009 - 11:13 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I still don't get it.

Do you want to know the total federal tax paid by United States Citizens, or do you want to know the operating budget of the IRS to see how much of our taxes it actually keeps?
Top of pagePrevious messageNext messageBottom of page Link to this message

Darthane
Posted on Thursday, April 16, 2009 - 11:14 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Considering 2009 is a recession year and revenues are down, I think it's fair to say it would be in the $2T range during a level or growth year (that chart shows something like $900B projected revenue for 1H 2009).

People get a little overly focused on individual income taxes. The number that pisses me off is the 'social insurance' portion of the pie. It's nearly as big and unlike income taxes I get no benefit from them now, or likely ever. SS and Medicaid will be long since defunct by the time I'm of age to take part.

One could make the argument that I benefit indirectly when people I care about (say, a retired grandparent) make use of medicaid, but meh. I read an interesting statistic that something like 30%-40% of a persona's lifetime medical expenses occur during the last 3 months of life. If we weren't such a clingy society we'd remove an enormous portion of our health care costs.
Top of pagePrevious messageNext messageBottom of page Link to this message

P_squared
Posted on Thursday, April 16, 2009 - 11:20 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

'08 Revenue isn't in yet, but I believe Tax Revenue for 2007 was $2,600,000,000,000.00 (2.6T) (Need to find & confirm via a valid source)

The IRS budget for '08 looks to be $11,408,997.00 (11.4M) according to this: http://www.irs.gov/pub/newsroom/budget-in-brief-20 08.pdf

That along the lines of what you were looking for?
Top of pagePrevious messageNext messageBottom of page Link to this message

Wolfridgerider
Posted on Thursday, April 16, 2009 - 11:26 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

$2,600,000,000,000.00 (2.6T)

Man that's BIG number.... and they can't figure out that if that's what you are going to take in, that's all you get to spend?
Top of pagePrevious messageNext messageBottom of page Link to this message

Sayitaintso
Posted on Thursday, April 16, 2009 - 11:40 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I said it once before somewhere here, but if this stuff gets under your skin and pisses you off you NEED to watch this 30 min movie http://www.iousathemovie.com/ It gives a good picture of what the federal gov takes in and what it spends....or has promised to spend in the future. Its non-partisan and trashes the current politics/policies/practices of Washington in a very professional and informative manner.
Top of pagePrevious messageNext messageBottom of page Link to this message

Chellem
Posted on Thursday, April 16, 2009 - 11:43 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Does that only include Income Tax? Or does it include all the "hidden" taxes we pay?

Such as "Sin Taxes" (cigarettes, alcohol, non-diet soda, etc)?

If you include the taxes at the State level, you get into Sales Tax, Luxury Tax, Property Tax, DMV-related "fees", Payroll taxes, medicare, etc.

As far as the individual contribution goes, people tend only to look at the things that hit their paycheck. The actual percentage than an individual pays in taxes and fees to the "government" must be astronomical if you were to include it all.

GO FAIR TAX!!

->ChelleM
Top of pagePrevious messageNext messageBottom of page Link to this message

P_squared
Posted on Thursday, April 16, 2009 - 11:49 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

The $2.6T is FEDERAL Tax revenue (Income, gas, corporate, etc.)

States have their OWN hands in the cookie jar as well.
Top of pagePrevious messageNext messageBottom of page Link to this message

Wolfridgerider
Posted on Thursday, April 16, 2009 - 12:01 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Wouldn't it be fun to keep track of just how much you/we/me pay in "taxes" for a year?

Fed.
State
Local
Sales.... I bet people would not be very happy at the end of that year..
Top of pagePrevious messageNext messageBottom of page Link to this message

Chellem
Posted on Thursday, April 16, 2009 - 12:11 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

It's hard, since we don't really know how much of the $5+ we pay for say, a 6-pack of beer or a few gallons of gas is ACTUALLY going to taxes, separate from the Sales tax.

I think people would be horrified if they found out how much in actual taxes - i.e., money of ours that goes to some government agency - we actually pay in a year.

Don't forget the fees paid through the phone bills, electric bills, gas bills, all those little mystery fees paid to some government agency.

Not to mention the fees that you indirectly pay for to businesses, like what business pay to, maybe have the sprinkler systems checked every year, "license" fees for DMV, for inspection fees, etc. All that goes to the government.

It's incredibly offensive.

->ChelleM
Top of pagePrevious messageNext messageBottom of page Link to this message

Wolfridgerider
Posted on Thursday, April 16, 2009 - 12:23 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Ohio
46.4 cents per gallon gas
52.4 cents per gallon diesel

Surcharge of 3 cpg for commercial vehicles

found here,

http://www.ohiogasprices.com/tax_info.aspx
Top of pagePrevious messageNext messageBottom of page Link to this message

Kilroy
Posted on Thursday, April 16, 2009 - 12:25 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Don't forget the "embedded" tax, which is factored into everything you buy. This is within the sales price, not the sales tax added afterwards. Most estimates put that at 23% of the cost of everything you buy.

Kilroy
Top of pagePrevious messageNext messageBottom of page Link to this message

P_squared
Posted on Thursday, April 16, 2009 - 12:31 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Try this for the state/local lookups: http://www.census.gov/govs/www/qtax.html

Tables 1, 2 & 3 make for some 'interesting' reading when added to the $2.6T for Federal.
Top of pagePrevious messageNext messageBottom of page Link to this message

Seanp
Posted on Thursday, April 16, 2009 - 12:53 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Too much.
Top of pagePrevious messageNext messageBottom of page Link to this message

Darthane
Posted on Thursday, April 16, 2009 - 01:18 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Too much.

Heh...I don't necessarily disagree, but my problem with the taxes I'm paying isn't the fact that I'm paying them, or how much...it's that the @#$%ing retards receiving the money shouldn't be trusted with a damned dime - they prove time and time again that they are completely incompetent when it comes to money management, or discerning what a legitimate use of taxpayer money is.

...they're like that kid from the Shel Silverstein poem whose dad gives him a dollar, and he trades it for two quarters, because two is more than one (and so on). We're the ones happy to get our 5 pennies at the end of the poem, unfortunately.
Top of pagePrevious messageNext messageBottom of page Link to this message

Toona
Posted on Thursday, April 16, 2009 - 01:25 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Wouldn't it be fun to keep track of just how much you/we/me pay in "taxes" for a year?

Fed.
State
Local
Sales....


I just totaled my Fed/State/Local income taxes yesterday when I sent my payment in. Let's just say I bought someone in gov't a nice new truck....

I bet people would not be very happy at the end of that year..

I'm not.

P.S., I know that my money goes into the general acct, but I like to think all of my money goes to the military to keep us safe and none went to the bailouts, what I pay extra next year will go to the bailouts.
Top of pagePrevious messageNext messageBottom of page Link to this message

Cityxslicker
Posted on Thursday, April 16, 2009 - 07:25 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Oh the IRS sucks
And Medicare Right behind them
and Medicaid Right behind them
And F.I.C.A right behind them
And if our governor gets her way, a state tax right behind that....

BOHICA
It seems I work for less every year, where the hell is my damn bail out.
Top of pagePrevious messageNext messageBottom of page Link to this message

Sticks
Posted on Thursday, April 16, 2009 - 08:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

They take an 1125R worth plus the amount I'd spend on crap for it.
Top of pagePrevious messageNext messageBottom of page Link to this message

Ferris_von_bueller
Posted on Thursday, April 16, 2009 - 08:12 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

There is a reason Maryland overtook New Jersey as having the highest median household income in the nation. One only need look south to Washington, D.C. While the average American is busting their ass trying to make a living, their "public servants" are racking up ever increasing cost of living increases, BONUSES, a superb health plan and weeks and weeks of paid vacation and sick leave. It's totally out of control.
Top of pagePrevious messageNext messageBottom of page Link to this message

Speedfreaks101
Posted on Thursday, April 16, 2009 - 10:28 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

This is the exact reason I have always preferred a live axle.
Top of pagePrevious messageNext messageBottom of page Link to this message

Bikertrash05
Posted on Friday, April 17, 2009 - 04:35 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

As to what it is being spent on, here is a neat little chart:


and BIGGER, click on the little pic on this page here: http://mibi.deviantart.com/art/Death-and-Taxes-941 0862
« Previous Next »

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image

Username: Posting Information:
This is a private posting area. Only registered users and custodians may post messages here.
Password:
Options: Post as "Anonymous" (Valid reason required. Abusers will be exposed. If unsure, ask.)
Enable HTML code in message
Automatically activate URLs in message
Action:

Topics | Last Day | Tree View | Search | User List | Help/Instructions | Rules | Program Credits Administration