Happy thanksgiving to all!
and god bless america
and god bless america
-
IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here. The OTHER forum is HERE so please stop asking.
woohoo Whole week off!!
- Thread starter imperialarms
- Start date
yes, god bless the best country in the world, america.
there is simply no substitute.
No, Singapore is better then America. Is good for you to stayback and stop dreaming to Canada or American in which you can't qualify. Of course, OZ will not take you as well.
shocky boy, just get some company to sponsor you. when are you up for the canadian?
No, Singapore is better then America. Is good for you to stayback and stop dreaming to Canada or American in which you can't qualify. Of course, OZ will not take you as well.
There is a saying here in #1 America: Jealousy will get you nowhere.
HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA
Yes America does need a lot of blessing from God nowadays with so much blood on their hands....
america is the worst country to be.the most evil.the most powerful.the most deceitful.the most devious.the most sinful. god will punish america for all its sins and for all its fraudulent and for all its killings of mankind on earth. america will have to face the music of another worse than 911. those who live in america will have to bear the sins of its leaders who are out to kill people and wreck havoc and dominate the world. america is evil.heaven will punish america heavily for all the cheats and con jobs they've created.if you are wise, leave america and come to singapore - the cleanest country in the whole wide world. hahhahallejuah!!!!!
No, Singapore is better then America. Is good for you to stayback and stop dreaming to Canada or American in which you can't qualify. Of course, OZ will not take you as well.
Work in Singapore. Low taxes. Migrate to a socialist country when you retire (and even take your CPF with you). No more income so no more taxes. Best of both worlds.
but taxes in the US are about the same as singapore's and now obama will introduce socialized health care. already the US gives free food and rent to people with limited income.
best of all worlds?
i think so.
U must be joking, my friend has to pay 30% income tax in the US and she's not even in the top earner bracket. Free food & rent at what expense? Isn't it that come from the tax payer?
Think you omitted state taxes and sales tax.
Work and build your next in Singapore or Hong Kong. Migrate to Canada or Europe upon retirement.
Best of both worlds.
bullshit. i have already addressed your ridiculous Fedreral/State US tax claims on the old forum. several times in fact. i also AM VERY WELL VERSED IN US TAXATION. in my work i happen to see MANY 1040s and W2, 1099s every year.
the median US$50K earner in the US with minimum standard and personal exemptions pays a net 9% federal tax. the IRS will default standard deductions should no itemized deduction be entered on schedule b or line 40 for 2007. the computation for 50K nett maximum taxation is: standard deduction line 40 - personal exemptions line 6d = taxable income on line 43 = $32,500. the nett tax liability on 32.5K on page 67 of the IRS tax tables is US$ 4,089, or 9% of US50,000. THIS IS WITHOUT ANY ITEMIZED DEDUCTIONS, PROPERTY DEDUCTIONS, MEDICAL EXPENSE DEDUCTIONS, EIC CREDITS, NO CHILDREN, OR THE CTC (CHILD TAX CREDIT) OF US$1000 PER CHILD, OR THE GENEROUS US$.70CENTS PER MILE DRIVEN FOR WORK/BUSINESS. MOST AMERICANS EARNING THE MEDIAN 50K AND BELOW (70% OF THE POPULATION) WILL HAVE SOME OF THE ABOVE AND PAY LITTLE OR NO TAX AT ALL.
for your "friend" to pay an effective 30% tax rate, this friend would have to earn WELL OVER US$ 349,700 (S$ 528,000/A$(559,000) as on line 43 of a 1040 on US$100,000 the max tax liability on default no itemized deductions = US$ 82,500 for a max tax liability on page 72 of the IRS Tax table of US$ 13,466 FOR MAX FEDERAL TAX RATE OF 13.466% ON US$ 100,000 INCOME WITH ABSOLUTELY NO ITEMIZED DEDUCTIONS OR CREDITS!!!!!!!!!!
if your "friend" earns USD$ 160,850 (S$240,000/A$257,000) the max federal tax liability is line 43 (143350= 40,138-5,889.25= US$34,248.75 max tax for 21.29 % federal tax WITH NO DEDUCTIONS OR CREDITS, if your "friend" earns US$ 300,000 (S$ 450,00/A$480,000 on line 43 = 282,500 = 93225- 13931.25 = US$79,293.25 for 26% MAX FEDERAL TAX LIABILITY WITH NO DEDUCTIONS. on the top tax bracket on US$ 349,700(S$ 528,000/A$559,000) the max federal tax liability is US$ 95,345 for 27% on page 75 of the IRS tax tables
even with FICA payroll and State income taxes in 44/50 US States I cannot see how its possible to pay 30% - unless you earn well over US$350,000!!!!!!!!!!!!!!!!! AND HAVE NO DEDUCTIONS, 1098s OR CREDITS (UNHEARD OF!!!)
your friend is either bullshit or you are a liar!!!
YOU STUPID MORON!
the effective state income tax rates are negligible as 6 states have 0 state income taxes and the balance 44 have a median 2-5% tax. the top tax rate in california is 9% but you must earn above US$ 90,000 to pay this and its all fully deductible on federal returns.
sales taxes are generally very low in the US. deleware HAS NO STATE SALES TAX and colorado is 2.9% for example. STATE SALES TAXES ARE ALSO FULLY DEDUCTIBLE ON YOUR FEDERAL RETURNS ON SCHEDULE B.
if you wish to know more about US taxes, let me know.
in my next post i will take the above figures i used to humiliate IWC2006 the subprime moron and show how bad taxation in australia is.
no doubt he might cry.
australia is about the worst in the world.
Yalor, Ozzieland also know as HUAT LAND.
Mate - I recommend you don't try... you've exposed yourself on numerous occassions and numerous posts that you know nothing about Australia, except for what you read in sensationalist left-wing news and media (and your racist slurs and attacks and name calling on good people). If you think you can summarize the complexities of aussie tax in one post, then you're even crazier than I thought... and even if you do try, be sure you show the other side of the ledger and include tax payer benefits and Government subsidies, and all the good things the taxes collected pay for. In other countries, these come out of your own back pocket, so to not include the 'balancers' would be downright fraudulant to the readers of your posts. No doubt, you are amusing sometimes (get my daily dose of laughter from what your write)...
Aiyo. Our genious CPA is talking. Hey, I'm earning $126k a year in Oz and I pay only about 15% in tax plus I get rebates from the government for my two children. If you don't know how to reduce tax, then you are a born loser idiot. OK. I except your challenge. Show me how bad Oz tax is. Are you going to tell me the same bullshit you let go where a person earning $60k pays
$18k in taxes and claim that your imaginary auntie in Darwin farted that out? Don't try cockroach. The more you argue the more you expose your stupidity. Very soon Lee Kwan Yew is going to see your stupidity and fire you.
This is bullshit that any body can let go after going through a fucking text book. The state taxes in US depends on which state you stay in. Some states you have to pay high state taxes and also fedreal taxes. If you wish to stay in a state where the state tax is 0, then its your choice, perhaps you might want to live in a place where there is no entertainement, no porn no nothing. If you were to stay like in New York, you have to pay very high state tax and also you'll have to pay Central taxes. Of course in California, the max state tax is about 9.3% but do you know the fucking cost of living there? I am an American CPA and have worked in the US before so don't throw your stupid bulshits here ok? On top of it all, if you lose your job in the US and have to see a doctor, God bless you. I don;t kno why the fuck is it that I'm telling al these to an idiot who has never ben to the US or OZ. You are fated to stay in Sinkeeland and die the loser cockraoch you are because you are too stupid to migrate anywhere.
Don;t speak high level language to an idiot like this idiot. This cockroach is too stupid to understand.
Similar threads
