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Old Aug 02, 2010, 03:56 PM
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Houston Ellington, Texas, United States
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2011 income tax ... see what you'll owe ...

http://mytaxburden.org/

we'll be owing 6,740 dollars more after the tax cuts expire. Hopefully Congress will pass Obama's proposed changes to keep all of the Bush tax cuts for people making less than 250K ... which "shouldn't" be an issue considering the Dems hold the majority on both houses ...
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Old Aug 02, 2010, 04:31 PM
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Rapid City Regional, South Dakota, United States
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1300 here and we are not even close to 250,000
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Old Aug 02, 2010, 05:51 PM
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According to the site, if the cuts expire, my tax bill will go up about 2,500 bucks. No new taxes eh?

However, if the Obama proposal goes in (as it shows in the rightmost column), they will be less than if they just renew the Bush cuts. By about 800 bucks.
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Old Aug 02, 2010, 06:09 PM
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That's a nice form for gathering personal information from those that stop by. I don't suppose there's an IRS form, or schedule or link?
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Old Aug 02, 2010, 06:19 PM
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Lyle, WA
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According to the calculator, my family will pay $6k more. 500 more a month. thanks for the help, O.
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Old Aug 02, 2010, 06:21 PM
Out of Time
United States, TX
Joined Jul 2003
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Inputting all the relevant information, all that comes up for me is: "You're Screwed". I'll now pay more in taxes than I used to make as an entire years salary about 15 years ago.
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Old Aug 02, 2010, 06:27 PM
It's 5 O'clock Somewhere
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Dayton, OH
Joined Feb 2006
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Quote:
Originally Posted by logan5 View Post
http://mytaxburden.org/

we'll be owing 6,740 dollars more after the tax cuts expire. Hopefully Congress will pass Obama's proposed changes to keep all of the Bush tax cuts for people making less than 250K ... which "shouldn't" be an issue considering the Dems hold the majority on both houses ...
They should extend the tax cuts for everyone regardless of income.
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Old Aug 02, 2010, 06:28 PM
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Quote:
Originally Posted by Rufcut View Post
That's a nice form for gathering personal information from those that stop by.
and, of course, nobody noticed the third column

Quote:
Originally Posted by Rufcut View Post
I don't suppose there's an IRS form, or schedule or link?
here:

http://sg.wsj.net/public/resources/i...0725185218.gif
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Old Aug 02, 2010, 06:30 PM
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Lyle, WA
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Gosh, pete, why not post the effect of his *actual* policies, and not his 'proposed' tax policies?
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Old Aug 02, 2010, 06:31 PM
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Originally Posted by peterp1964 View Post
and, of course, nobody noticed the third column
Of course, at least one person did. But you'd have to read the thread to see that...
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Old Aug 02, 2010, 06:31 PM
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Houston Ellington, Texas, United States
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Quote:
Originally Posted by peterp1964 View Post
and, of course, nobody noticed the third column



here:

http://sg.wsj.net/public/resources/i...0725185218.gif
The third column representing the proposed Obama amendments to the budget have yet to be voted on.
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Old Aug 02, 2010, 06:31 PM
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Lyle, WA
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Originally Posted by Arbo View Post
Of course, at least one person did. But you'd have to read the thread to see that...
Oopsie!
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Old Aug 02, 2010, 06:40 PM
It's 5 O'clock Somewhere
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Dayton, OH
Joined Feb 2006
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If the Bush tax cuts expire my taxes go up about 5k. They also increase under Obama. I thought they weren't suppose to increase by a single dime since I don't make 250k.
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Old Aug 02, 2010, 06:47 PM
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Originally Posted by Highflight View Post
Inputting all the relevant information, all that comes up for me is: "You're Screwed". I'll now pay more in taxes than I used to make as an entire years salary about 15 years ago.
Wasn't that when you were broke?
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Old Aug 02, 2010, 06:48 PM
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United States, FL, Tampa
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OMG the innernets say Obama gonna give me monies!!!!!
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