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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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13119012 No.13119012 [Reply] [Original]

Am I the only one that's pissed af at this shit?

It's pretty much not worth it to be a millionaire. $400k to the feds for what? The government and this country does jack shit for me. No healthcare, shit public school system, still have to pay for post k-12 education, still have to pay a fuck ton on toll roads.

Honestly is there a way to get out of this shit?

>> No.13119028

>goes to school
>toll roads
lmao what are you doing with your life faggot ahaha

>> No.13119056

>>13119012
please leave the U.S. then

>> No.13119057

Shut up goy and give us our money that Israel and Saudi Arabia need more military aid.

>> No.13119067

>>13119012
How can one circumvent such crap ?

Does opening an LLC do anything

How to avoid paying those

>> No.13119094

>>13119067
Step 1: actually earn a salary of 1m+ year

>> No.13119109

>>13119094
Close just want to prepare

Nothing ?

>> No.13119129

>>13119109
If you were actually close you’d know how to reduce your taxable income you fucking leaping imbecile. You’d also know how to fucking hire a CPA

>> No.13119151

>>13119129
Ty

So pay someone to do shit for me thanks but no thanks

I like to learn

>> No.13119176
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13119176

>>13119151
>pay an expert to do something they will outperform you on

Unless you yourself are a cpa you’re a fucking idiot.
I know of many ways to reduce my tax burden but I’m for sure don’t know everything. If you were “close to a mil+ salary” you’d just pay the fucking cpa and be done with it

But it appears you’re closer to minimum wage

>> No.13119182

Forgot state taxes faggot. You'll be earning something more like 400k.

>> No.13119205

>>13119056

>NOW LISTEN HERE YOU GOD DARN ROOTIN TOOTIN ROODY POO U LIVE IN THE GREATEST COUNTRY ON THIS PROTESTANT GOD GIVEN EARTH, WE GOT GUNS N FREEDOM N SHIT. NOW, SO WHAT IF YOUR GOV'MNT GIVES ALL OF OUR TAX MONEY TO ISRAEL? DONT YE KNOW THEY'RE OUR GREATEST ALLY? YOU HAVE TO BE A PATRIOT SON, DON'T TRY TO CHANGE SOMETHING YOU DONT LIKE, BE A GOOD LITTLE SLAVE IN THE NAME OF FREEDUMS YERP FUCK YEA AMER'CA

>> No.13119215

>>13119182
Hahahha get fucked you commiefornia nigger, Florida has no state income tax

>> No.13119219

This is a way to disencourage people from getting rich so that they can keep working for the kikes overlords.

>> No.13119223
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13119223

>>13119205
Imagine legitimately believing Jews are the reason you have a shitty life

>> No.13119241

>>13119012
At least you don't have state income tax or tax food

>> No.13119512

>>13119129
>having a CPA means the government doesnt get to take half your check
ummmm

>> No.13119536

>>13119512
You do realize a CPA’s job is to exploit the tax code to the maximum benefit for you... right?

Here’s some well known ways to reduce your tax burden
401k
Roth
HSA
529
American opportunity credit
EV subsidies
Etc

Jesus Christ these are the people I actually share a board with??

>> No.13119652

>>13119536
>Jesus Christ these are the people I actually share a board with??
yep. pretty sad realization isn't it?

>> No.13119671
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13119671

>>13119215
Well played .

>> No.13119724

>>13119536
AMT
‘Charitable donations’ to a charity you run
Art donations at mysteriously high values (why yes this jar of piss is modern art, worth several million I’d like to write off)
Etc
Etc

The average poster here is, well, average

>> No.13120052

>>13119652
Yes it is>>13119724
I wouldn’t even say they’re average more like underage kids from /pol/ or /b/ I mean good god

>> No.13120201

>>13119536
A CPA can't retroactively contribute to your 401k retard. Also those are basic methods that pretty much any non retard would know.

>> No.13120210

In Australia and other socialist countries it's 45% tax or more. Florida is actually reasonable with 36%.

https://www.paycalculator.com.au

>> No.13120676

>>13120201
NO shit Sherlock no one said anything about retoactivd changes and that’s why you get a CPA because they know the tax code the best durrrrrr

>> No.13120750

>>13119012
The Federal Income Rax is VOLUNTARY.

The original intent was to tax GAINS derived from THE FEDERAL ENTERPRISE.

The IRS is domiciled in puerto rico. They do not issie leins, they issue notice of lien. It is exclusively The DOJ which prosecutes.

>> No.13120892

>>13120676
CPAs don't know jack shit. All they do is enter your documents into TurboTax. The last time I used one he didn't know what a backdoor roth was.

>> No.13120901

>>13119012
You amerifats dont know pain.
38% is like the lowest percentile here, over 50/60k is ~52%.
They take more than half of what you make.

>> No.13121095

>>13119012
if you don't pay up how will the goblins and niggers live?
they would have to go back to their homelands, you don't want that to happen do you?

>> No.13121118

>>13119223
>jews don't affect our lives
you control the currency, banks, media, tech corps, food corps, government, schools, hollywood, and almost everything else in burgerland, kike

>> No.13121174
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13121174

>>13121118
Imagine being this much of a loser

>> No.13121231

>>13119223
Haha ur penis was mutilated

>> No.13121289

>>13119724
Hi anon where can I learn all these cool tips and tricks and why n how they started in the first place thanks

>> No.13121517

>>13119012
Income isn't taxed the same as long term capital gains. Go for the gains.

>> No.13121539

>>13121174
Great argument you fucking jew. KYS.

>> No.13121557

>>13119012
>how do I not pay taxes
step 1: be NEET
step 2: smoke meth
step 3: profit!

>> No.13121587

>>13119176
Anon's way of saying he wants to become a CPA you confirmed brainlet

>> No.13121606

>>13119109
Hey burger boy, when I was 19 when I saw a random video about how to handle your finances efficiently in your jewed out warmongering retarded country, I'm not even American and I've never had over 10k, so the fact that I had curiosity about that and you didn't means that you're either way, way too dumb to ever be able to earn a milli a year, or that this thread is a dumb charade, either way you're a fucking fag for lying to us and everyone here knows you're a useless piece of shit, you're a fucking joke for even thinking anyone who knows how to do what you asked would ever be big enough of a banana to ever in their life even consider the idea that you earn that much, if you knew how much 400k is worth you'd know how big of a fucking retard you are. Open YouTube or Google and find out you dumb fag, fucking christ you useless piece of shit, I bet you're the type of retard that supports Brandon dassey's prosecution (if you even know what a prosecuter is) useless neet fag, fuck this thread and you.

>> No.13121614

you think the tax rate is bad? how about the fact that the U.S. is the only country in the world that will tax money you make while working in another country.

they feel they're entitled to your money despite living/working in another country where you are literally not benefiting from any of the tax dollars you're paying.

>> No.13121620

>>13121606
Or prosecutor, however it's spelled in your dumb attempt at speaking proper English that all of you fat useless uneducated failures call American English.
Fucking loser.

>> No.13121627

I brought up taxes to normie co-workers once. They are incapable of comprehending basic morality arguments.

Most normies when pressured about it their arguments boil down to "the rich have more than us so they should give more". That's literally it, no higher thought beyond that. I try to ask "why should a person pay more money just because they own more?" and it always falls back on "because they own more". Annoying as fuck to argue about

>> No.13121635

>>13121174
KYS jew

>> No.13121956
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13121956

>>13121627
theyve settled to be wageslaves for their entire lives, don't worry and invest in the stupid shit they cannot stop buying then laugh

>> No.13122166

>>13121627
>arguing with normies
negative EV, knock that shit off