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40% of $50, good job, Pig

Clint Ruin

I'm sorry, who are you?
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51,110
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There's no way that's true unless he's counting federal, state, county, city, sales, gas and any other tax he can think of.

He wants you to think he's making enough to be in a high tax bracket (this would put him in the highest, actually it's higher than the highest) but we obviously know that isn't true.
 

bovinebrain

MIND CONTROL!!!
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13,480
There's no way that's true unless he's counting federal, state, county, city, sales, gas and any other tax he can think of.

He wants you to think he's making enough to be in a high tax bracket (this would put him in the highest, actually it's higher than the highest) but we obviously know that isn't true.
It’s just an old Technicality Tomlinson straight out of the books. 10% income tax to the feds, 5% to the state of Wisconsin, and 25% of his after-tax earnings to alcohol sales tax at Hooligan’s. The other 60% goes to Taco Tuesdays and the alcohol itself.
 

BudDickman

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41,866
He does not pay taxes because he does not earn income. If he did he would know exactly what his tax bracket is. If you have a well-paying job you're probably in either the 24% or 32% federal tax brackets, and you probably pay 5% state tax in Wisconsin. The 32% bracket is above $165k currently, and that is after up to $19.5k in pre-tax 401k contributions. So he is claiming that he makes over $185k/year, and he's been making the equivalent of that for almost 15 years. Yet he thinks $17k is an enormous sum of money and lives in a shitty duplex next to the projects.
 

BudDickman

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41,866
It really can't be overstated how much of an absolute retard this guy is. The marginal rates only apply to income in excess of the income bracket associated with that rate. Anyone who pays taxes would know this. Just look at your tax forms.

You would have to make such an insane amount of money to actually pay that much in taxes. Professional athletes and elite level engineers who makes millions per year probably pay 40% in taxes. The latter would probably be smart enough to get their company to compensate them in a way that reduces or defers their tax liability.
 

NoBacon

An honourable man.
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117,082
It really can't be overstated how much of an absolute retard this guy is. The marginal rates only apply to income in excess of the income bracket associated with that rate. Anyone who pays taxes would know this. Just look at your tax forms.

You would have to make such an insane amount of money to actually pay that much in taxes. Professional athletes and elite level engineers who makes millions per year probably pay 40% in taxes. The latter would probably be smart enough to get their company to compensate them in a way that reduces or defers their tax liability.

When I had a higher paid job (I gave up money for comfort working at home) - we’d be given extremely high end watches at Christmas to avoid tax instead of cash bonuses. You can either just keep them and they’re cool or sell them for cash etc.

He’s completely full of shit and this just reinforces my opinion he’s on welfare, he’s like one of those welfare blacks who is an “entrepreneur” on Instagram, holding their stimulus money to their ear.
 
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