Where has all the money gone...

desert dude

Well-Known Member
How did you work 58.6 years
earn 113k each year
to get 400k in contributions to social security you lying racist piece of shit?
I have been working since age 16. The SS tax rate is 12.4%, currently. The SS cap is $110K, not $113K. You and the tax evading leach can probably do the math between mutual jack off sessions.
 

ChesusRice

Well-Known Member
i have been working since age 16. The ss tax rate is 12.4%, currently. The ss cap is $110k, not $113k. You and the tax evading leach can probably do the math between mutual jack off sessions.
110000 /12.4% = 13640
400000/13640 =29.3255

so you claim to of made 110000 dollars self employed for 29.3255 years

 

UncleBuck

Well-Known Member
I have been working since age 16. The SS tax rate is 12.4%, currently. The SS cap is $110K, not $113K. You and the tax evading leach can probably do the math between mutual jack off sessions.
the SS tax rate is actually at 4.2% right now, down from 6.2% historically. rat.
 

ginwilly

Well-Known Member
if i spend $10,000 to produce 10 widgets, i accept a $1,000 per widget donation to reimburse those supplies and utilities.
That's what is great about hobby classification. If making widgets is just a hobby what you spent is immaterial to our government. The donations you accept is what is taxed.

If making widgets is your business and you claim that you are living off of zero, expect an audit.
 

UncleBuck

Well-Known Member
That's what is great about hobby classification. If making widgets is just a hobby what you spent is immaterial to our government. The donations you accept is what is taxed.

If making widgets is your business and you claim that you are living off of zero, expect an audit.
so is it a hobby or a business now?

i was under the impression that the tax on $0.00 is $0.00.
 

ChesusRice

Well-Known Member
File the proper government tax return forms and find out. It is your civic duty. Tax evading leach.
i have been working since age 16. The ss tax rate is 12.4%, currently. The ss cap is $110k, not $113k. You and the tax evading leach can probably do the math between mutual jack off sessions.
110000 /12.4% = 13640
400000/13640 =29.3255

so you claim to of made 110000 dollars self employed for 29.3255 years
 

echelon1k1

New Member

UncleBuck

Well-Known Member
So what job did you land in 1983, at the age of 16, that paid $110,000 a year? Especially "self employed", I wasn't aware you could hold a business license at 16.
whatever he does, he can thank socialism for the opportunity. he is the beneficiary of what was described as a "welfare program" at the time it was implemented.

with desert rat, he would have been on the front lines crying about gubbmint welfare without a doubt.
 
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