DBF Community Chat Thread

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I must make this!!
 
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I spilled some sauce on my shirt earlier. My damn dog, Moose jumps on my my bed and bites my damn titty where the sause is. Now my wife is laughing at me
 
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Was getting ready to buy a new bluetooth speaker for by the pool cause I couldn't find the one we normally use. It was under Jay's desk where I asked him if he was sure it wasn't there.

:dead:
 
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Our tax gets taken out with each pay and then it automates most of the details, so from my understanding we don't have to go to the lengths it looks like the US does (based off things I've seen on TV)?

So the money I owe is mostly from my rental property. Which, having just tested the calculation again without it, I would have almost gotten back as much as I owe. :wut:

Also, just putting this out here: for all our Medicare and government-loaned university, I'm getting taxed at 30% and I'm under the median income. And still pay health insurance on top of the Medicare (which does at least lower the fees).
 
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In the US, unless you work for yourself your taxes come out automatically. The government doesn't tell you if you owe them anything or not, you have to figure that out for yourself. If you happen to get it wrong, then they punish you for it. Sometimes they owe you money, sometimes you owe them money. It all comes down to how hard they decide to screw you over that given tax year and how much the government messed up.
 
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In the US, unless you work for yourself your taxes come out automatically. The government doesn't tell you if you owe them anything or not, you have to figure that out for yourself. If you happen to get it wrong, then they punish you for it. Sometimes they owe you money, sometimes you owe them money. It all comes down to how hard they decide to screw you over that given tax year and how much the government messed up.
So we're also mandated to tax returns here, which I guess is the same of "figure out who owes who". These days that information is mostly pre-populated and calculated online. I think it's the same story of unless they think you happen to owe them a lot of money, they won't really chase you very hard over it (I have heard of stories of people who have just not done them for years).

There's a tax-free threshold of just under $12k USD, and then 12-30k USD is taxed at 16%. The next bracket is 30%, then 37% and finally at 45% if you earn over $125k USD.

The tax office will let you have the first $12k USD tax free (generally) but every $1 after that gets taxed at your bracket.
 
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