$447 bil

[shmike]

Originally Posted by RACER X

answer the question. my accountant doesn't handle my investments.

Nor should he/she.

[fasternyou929]

Originally Posted by pauldun170

H&R Block: "This is what you did the previous year and here is how your tax bill looks."
Accountant: "So, what are your goals for the coming year? Here are some tips on how to go about meeting your goals".

Yes, and I have a new take-away from this thread:

Ed is (gasp) trying to make it sound like he has more money than he really does... on the INTERNET!! I do believe we're witnessing history in the making.

Not only does Racer Retardo pay over $62k in income taxes, he has an "accountant" that does not help plan for the tax year. And makes him pay the 35% tax bracket while only making 70k per year.

To top it off, Racer XL elects not to have a financial advisor to keep tabs on his investments.

With that kind of natural talent handling finances, it's no wonder he's reaching out to (er, demanding) TWF for financial advice.

[RACER X]

winner winner

[fasternyou929]

Originally Posted by RACER X

winner winner

For a big guy, you're pretty easy to see through.

[RACER X]

yup you got me to a T

[askmrjesus]

Originally Posted by RACER X

yup you got me to a T

Maybe if the GOVERNMENT was bigger, we could have got you all the way to Z.

JC

[Papa_Complex]

Originally Posted by fasternyou929

Yes, and I have a new take-away from this thread:

Ed is (gasp) trying to make it sound like he has more money than he really does... on the INTERNET!! I do believe we're witnessing history in the making.

Not only does Racer Retardo pay over $62k in income taxes, he has an "accountant" that does not help plan for the tax year. And makes him pay the 35% tax bracket while only making 70k per year.

To top it off, Racer XL elects not to have a financial advisor to keep tabs on his investments.

With that kind of natural talent handling finances, it's no wonder he's reaching out to (er, demanding) TWF for financial advice.

Probably makes the rest of that, with his side cable business.

[RACER X]

damnit, was gonna sneak this one ine

[pauldun170]

Ed's situation is the perfect example of a real issue.

Is it unfair or fair that the tax system penalizes those who are ignorant of the tax system?
Is it right or wrong that the tax system rewards certain behaviors and punishes others?

Should the tax system be agnostic of culture\society and just be a fixed % on income?

[shmike]

Originally Posted by pauldun170

Ed's situation is the perfect example of a real issue.

Is it unfair or fair that the tax system penalizes those who are ignorant of the tax system?
Is it right or wrong that the tax system rewards certain behaviors and punishes others?

Should the tax system be agnostic of culture\society and just be a fixed % on income?

If this thread has shown anything it has shown that the majority of posters in it do not understand the US tax system.