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demtenjeep

(31,997 posts)
8. at the end of the day, I know I have made a very positive impact. Here is a post I received from a
Tue Jan 24, 2012, 08:01 PM
Jan 2012

former student:


Truth is you were seriously one of the best teachers I've ever had, you made things fun and always helped us try to learn & understand better. Truth is you were more then just a teacher, you cared for us and were concerned. You always gave your advice & tried to help. Truth is I miss you. Truth is you're the only teacher that I have ever had that I still go to for advice and to talk to.

but, according to scott brown, you make over 100k per year niyad Jan 2012 #1
Don't I wish. nt arely staircase Jan 2012 #5
don't you feel like you are living in the lap of luxury? ejpoeta Jan 2012 #2
yup demtenjeep Jan 2012 #3
I'm just trying to figure something out SickOfTheOnePct Jan 2012 #35
Top income rate is 35% FogerRox Jan 2012 #74
Not on $55,000 n/t SickOfTheOnePct Jan 2012 #80
Problem with Health insurance? simple. just fire your health insurer. greenman3610 Jan 2012 #77
And don't forget all the perks you get progressoid Jan 2012 #4
Like that 2000 dollar deductible. nt arely staircase Jan 2012 #6
Yep. progressoid Jan 2012 #12
Agreed. bluerum Jan 2012 #7
Might buy into that if they can't write off losses bigbrother05 Jan 2012 #10
My rate is thirty percent. Romney's is less than fourteen. arely staircase Jan 2012 #17
I have a hard time believing this unless it's a joint return Snake Alchemist Jan 2012 #72
So do gamblers in Vegas get that rate? nt arely staircase Jan 2012 #18
at the end of the day, I know I have made a very positive impact. Here is a post I received from a demtenjeep Jan 2012 #8
that is wonderful renate Jan 2012 #62
that is awesome arely staircase Jan 2012 #81
it takes Mitt about 15 hours to make your annual salary Enrique Jan 2012 #9
Grrrrrrrrr! nt arely staircase Jan 2012 #14
by my figures a single person would pay $4,183 hfojvt Jan 2012 #11
I suspect the OP was talking about the marginal tax rate Ms. Toad Jan 2012 #19
the marginal rate at $40,000 is only 15% hfojvt Jan 2012 #38
he/she could be married to another earner and file jointly spooky3 Jan 2012 #40
for a couple, the 25% rate starts at $82,400 hfojvt Jan 2012 #43
Aside from self employment - Ms. Toad Jan 2012 #41
It is fixed. The point remains. nt arely staircase Jan 2012 #33
And yet they won't be happy until they bust our unions and take even more. Starry Messenger Jan 2012 #13
I'm our campus' AFT building rep. arely staircase Jan 2012 #21
I am in my 39th year of teaching. I now make $ 50,000... finally. Gus2525 Jan 2012 #15
I would go to another tax accountant. former9thward Jan 2012 #16
Thats Federal Ruby the Liberal Jan 2012 #20
No the math does not add up. former9thward Jan 2012 #25
I didn't offer any math for analysis Ruby the Liberal Jan 2012 #28
The OP's math does not add up. former9thward Jan 2012 #31
I have fixed it. My bracket is 25 percent arely staircase Jan 2012 #32
Not if he's put himself in a 'S' corporation. They're exempt from the 2.9% Medicare sinkingfeeling Jan 2012 #51
Yes, without having the exact return in front of us it is hard to know the exact figure. former9thward Jan 2012 #55
He'd only pay SS on the first $106,000. The speaking fees were a small fraction of his income, bornskeptic Jan 2012 #59
Starting in 2013, high income households will pay 3.8% to medicare, on investment income lacrew Jan 2012 #27
Sorry my rate is twenty-five percent - still almost twice that of Mittens nt arely staircase Jan 2012 #22
You are not paying 25% on 40k. former9thward Jan 2012 #26
My bracket is Twenty five and I still pay more arely staircase Jan 2012 #34
You seem to keep speaking of marginal rate, while this whole discussion is about effective rate ... oldhippie Jan 2012 #36
yes i do and i thought i cleared that up arely staircase Jan 2012 #39
Romney's number does not include SS or medicare. n/t Ms. Toad Jan 2012 #47
does one pay ss and medicare on capital gains? arely staircase Jan 2012 #49
Nope. Ms. Toad Jan 2012 #50
Wouldn't his speaker fees be earned income? oldhippie Jan 2012 #54
I was quite surprised Ms. Toad Jan 2012 #58
You simply are defing IRS tax tables. But keep paying that 25% if you wish. former9thward Jan 2012 #37
Sounds like you're overpaying twice as much as you should be, or BadgerKid Jan 2012 #23
This dog realy doesn't hunt lacrew Jan 2012 #24
Fixed nt arely staircase Jan 2012 #29
+1 former9thward Jan 2012 #30
+1 nt Honeycombe8 Jan 2012 #44
Romney's number does not include SS or medicare. Ms. Toad Jan 2012 #46
Actually it DOES include all the SS and Medicare that Romney pays karynnj Jan 2012 #52
Yes - but to compare apples to apples Ms. Toad Jan 2012 #53
But what was released was the federal tax return - Ms. Toad Jan 2012 #60
Either comparison is valid - and as the SS and Medicare are paid in one case and not the other, karynnj Jan 2012 #67
Federal income tax is a bit artificial Ms. Toad Jan 2012 #70
Self-employed: pay 15% SS-NO deductions ErikJ Jan 2012 #61
Romney would pay payroll taxes on his speaking fees. former9thward Jan 2012 #63
State sales tax and property tax? ErikJ Jan 2012 #64
I'm sure you are right. former9thward Jan 2012 #66
The OP Did not say anything about being self employed. lacrew Jan 2012 #65
Effective TOTAL taxes, apples to apples. ErikJ Jan 2012 #68
I take it you didn't read my post lacrew Jan 2012 #71
I was adding the part about Self employed not applying it to OP ErikJ Jan 2012 #73
These two statements do not agree with each other lacrew Jan 2012 #76
but Warren Buffet is one of us!! Puzzledtraveller Jan 2012 #75
The federal tax rate on $40K is not 30%. Mine is less than that and I make more than you do. Honeycombe8 Jan 2012 #42
Before deductions (at least before what most of us think of as deductions). Ms. Toad Jan 2012 #45
and the hours are endless because teachers are not paid by the hour usually glinda Jan 2012 #48
Shameful _ed_ Jan 2012 #56
And just try to get a mortgage! catrose Jan 2012 #78
If you look at your Social Security taxes, + compare them to Rmoney's, you'll be even more outraged. AnotherMcIntosh Jan 2012 #57
9 Things The Rich Don't Want You To Know About Taxes ErikJ Jan 2012 #69
I work in Sales and Mktg. for $42k before taxes blueamy66 Jan 2012 #79
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