2011 income tax ... see what you'll owe ... - RC Groups
Shop our Airplanes Products Drone Products Sales
Thread Tools
Aug 02, 2010, 04:56 PM
Libertas in Infinitum
logan5's Avatar
Discussion

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 ...
Aug 02, 2010, 05:31 PM
Swim Bike Run Repeat
Chuckhead1's Avatar
1300 here and we are not even close to 250,000
Aug 02, 2010, 06:51 PM
Suspended Account
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.
Aug 02, 2010, 07:09 PM
Registered User
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?
Aug 02, 2010, 07:19 PM
Tu ne cede malis
MtnGoat's Avatar
According to the calculator, my family will pay $6k more. 500 more a month. thanks for the help, O.
Aug 02, 2010, 07:21 PM
Out of Time
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.
Aug 02, 2010, 07:27 PM
It's 5 O'clock Somewhere
RumRunner_1492's Avatar
Quote:
Originally Posted by logan5
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.
Aug 02, 2010, 07:28 PM
Registered User
peterp1964's Avatar
Quote:
Originally Posted by Rufcut
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
I don't suppose there's an IRS form, or schedule or link?
here:

http://sg.wsj.net/public/resources/i...0725185218.gif
Aug 02, 2010, 07:30 PM
Tu ne cede malis
MtnGoat's Avatar
Gosh, pete, why not post the effect of his *actual* policies, and not his 'proposed' tax policies?
Aug 02, 2010, 07:31 PM
Suspended Account
Quote:
Originally Posted by peterp1964
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...
Aug 02, 2010, 07:31 PM
Libertas in Infinitum
logan5's Avatar
Quote:
Originally Posted by peterp1964
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.
Aug 02, 2010, 07:31 PM
Tu ne cede malis
MtnGoat's Avatar
Quote:
Originally Posted by Arbo
Of course, at least one person did. But you'd have to read the thread to see that...
Oopsie!
Aug 02, 2010, 07:40 PM
It's 5 O'clock Somewhere
RumRunner_1492's Avatar
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.
Aug 02, 2010, 07:47 PM
Registered User
Quote:
Originally Posted by Highflight
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?
Aug 02, 2010, 07:48 PM
Registered User
saltyzoo's Avatar
OMG the innernets say Obama gonna give me monies!!!!!


Thread Tools

Similar Threads
Category Thread Thread Starter Forum Replies Last Post
Video An old commercial you'll never see again‏ Kaw1000 Electric Plane Talk 4 Jun 07, 2010 12:15 AM
Discussion Income Tax return sale... Tamjets Electric Ducted Fan Jet Talk 83 Apr 18, 2010 07:11 PM
Poll Tax Personal Income and Corporate Profits At 100% And The We Still Run A Deficit Real Ira Life, The Universe, and Politics 47 Dec 31, 2009 01:25 AM
Discussion Windfall Tax on Retirement Income dumbthumbs Life, The Universe, and Politics 12 Dec 18, 2009 03:33 PM
Discussion What would be the best income tax system jumpinjo Life, The Universe, and Politics 18 Jan 31, 2009 08:18 PM