NY again possibly to shut down, this Monday

[Jaskalas]

So is something happening in NY tomorrow, or not?

 

[Hayabusa Rider]

So is something happening in NY tomorrow, or not?

We'll know Monday. This is being kept as a surprise!

 

[CycloWizard]

That's a great idea! I'm sceptical of your claim that you paid an effective marginal tax rate of 100%, ceteris paribus. I'm neither going to ask for, nor do I expect that you are going to provide the kind of personal information to prove that this happened.

I'm going to pay a 'marginal rate' of about 200% this year over last, due to one-time deductions last year. A lot of mental effort goes in to not punishing income.

You're right. I took out $80k worth of private loans (since I wasn't cool enough to get government loans or even government subsidized loans or fall in a group that the government would just pay for outright) to pay for my undergraduate education, then got a full fellowship for a masters, then another for a PhD all so i could sit on my ass and make stuff up on an internet forum. Oh, and it's a marginal rate of 125% on the last $20k I made, not 100%. You might have a prayer of justifying a 100% marginal rate, but when it goes above 125, you can kiss my ass if you think I'm going to keep working to pay that.

OTOH, maybe you're telling the real, unbiased truth here, so I'll move to my 'B'-rant:

Punish the taxpayer to prove that they are being abused!

Way to stick to your guns there, Robin Hood.

How about this: quit taking my money, asshole. You want my money? Too bad - now I'm taking it. You got the system you wanted and now I'm living by your rules. Your system is so broken that I'm rewarded for doing nothing.

 

[3chordcharlie]

You're right. I took out $80k worth of private loans (since I wasn't cool enough to get government loans or even government subsidized loans or fall in a group that the government would just pay for outright) to pay for my undergraduate education, then got a full fellowship for a masters, then another for a PhD all so i could sit on my ass and make stuff up on an internet forum. Oh, and it's a marginal rate of 125% on the last $20k I made, not 100%. You might have a prayer of justifying a 100% marginal rate, but when it goes above 125, you can kiss my ass if you think I'm going to keep working to pay that.

How about this: quit taking my money, asshole. You want my money? Too bad - now I'm taking it. You got the system you wanted and now I'm living by your rules. Your system is so broken that I'm rewarded for doing nothing.

I don't want your money.

You're bragging about how busy you are taking 'mine'

 

[CycloWizard]

I don't want your money.

You're bragging about how busy you are taking 'mine'

No, you're saying I should keep being productive in a system the more I work, the less I make. I'm telling you to kindly go to hell for even suggesting this. I will not work under such a system. Thus, I have two options: do nothing, in which case the system will eventually collapse, or become a part of the system, in which case the system will collapse even faster. Once the system collapses, I may again be a productive member of society. You think that anything in the current system is "yours," but it's not. When a marginal tax rate of greater than 100% is even possible, nothing belongs to anyone because all of your income and then some can be taken from you by government. Instead of being a model member of society, I am now its worst member. However, in this new system, its worst member is its new model: I am rewarded with bonuses, incentives, and who knows what else will show up in my paycheck this week. I am pointing out the contradiction of such a system. When the system takes everything I have, I will give it nothing and take everything in return.

 

[3chordcharlie]

No, you're saying I should keep being productive in a system the more I work, the less I make. I'm telling you to kindly go to hell for even suggesting this. I will not work under such a system. Thus, I have two options: do nothing, in which case the system will eventually collapse, or become a part of the system, in which case the system will collapse even faster. Once the system collapses, I may again be a productive member of society. You think that anything in the current system is "yours," but it's not. When a marginal tax rate of greater than 100% is even possible, nothing belongs to anyone because all of your income and then some can be taken from you by government. Instead of being a model member of society, I am now its worst member. However, in this new system, its worst member is its new model: I am rewarded with bonuses, incentives, and who knows what else will show up in my paycheck this week. I am pointing out the contradiction of such a system. When the system takes everything I have, I will give it nothing and take everything in return.

Yes, and I'm trying to commend you for being such an effective moral crusader. Why is it so difficult for you to accept praise and admiration?

I absolutely believe that year-over-year you could have seen a 100%+ effective marginal tax rate. I don't know what $16-18k worth of deductions you lost (sorry, $40-50k worth of income deducted). Beyond that, I have no idea what your situation is or was.

As a single, with no dependents, and a property owner, I get hit with everything, no deductions (and none to lose).