LawTalkers  

Go Back   LawTalkers > General Discussion > Politics

» Site Navigation
 > FAQ
» Online Users: 772
0 members and 772 guests
No Members online
Most users ever online was 9,654, Yesterday at 04:16 AM.
Closed Thread
 
Thread Tools Display Modes
Old 02-17-2006, 12:04 PM   #3841
sebastian_dangerfield
Moderator
 
sebastian_dangerfield's Avatar
 
Join Date: Mar 2003
Location: Monty Capuletti's gazebo
Posts: 26,228
Quote:
Originally posted by Hank Chinaski
there's no such thing as bad press IMHO
But it really wasn't true. You're more of a scattershit, politically unsure drunk. Penske was laser-like in pounding his singular message.

I assume this "you'd be something, but you're a goddammed boozebag" speech is old hat to you. I am shaking my head as I write this.
__________________
All is for the best in the best of all possible worlds.
sebastian_dangerfield is offline  
Old 02-17-2006, 12:25 PM   #3842
ltl/fb
Registered User
 
ltl/fb's Avatar
 
Join Date: Mar 2003
Location: Flyover land
Posts: 19,042
tax q

So, they were talking on the radio about the $1 million/day powerball thingy and said "uncle sam will take more than half" -- why is this? Is it an AMT thing and AMT rates are really that high?
__________________
I'm using lipstick again.
ltl/fb is offline  
Old 02-17-2006, 12:27 PM   #3843
Mmmm, Burger (C.J.)
Moderator
 
Mmmm, Burger (C.J.)'s Avatar
 
Join Date: Mar 2003
Location: Pop goes the chupacabra
Posts: 18,532
tax q

Quote:
Originally posted by ltl/fb
So, they were talking on the radio about the $1 million/day powerball thingy and said "uncle sam will take more than half" -- why is this? Is it an AMT thing and AMT rates are really that high?
no, but i think they withhold at the top rate, which is 36% or something. Add in state taxes. and you come up close enough to say "more than half".
__________________
[Dictated but not read]
Mmmm, Burger (C.J.) is offline  
Old 02-17-2006, 12:30 PM   #3844
ltl/fb
Registered User
 
ltl/fb's Avatar
 
Join Date: Mar 2003
Location: Flyover land
Posts: 19,042
tax q

Quote:
Originally posted by Mmmm, Burger (C.J.)
no, but i think they withhold at the top rate, which is 36% or something. Add in state taxes. and you come up close enough to say "more than half".
Ah. then it's what I thought, they were sloppy -- state taxes aren't "uncle sam." Sam's a fed.
__________________
I'm using lipstick again.
ltl/fb is offline  
Old 02-17-2006, 12:30 PM   #3845
Sidd Finch
I am beyond a rank!
 
Sidd Finch's Avatar
 
Join Date: Mar 2003
Posts: 11,873
Quote:
Originally posted by sebastian_dangerfield
Oh, don't be a scold here. There's no place where we should observe free market rules/free speech more expansively than the media. Any and every crank should be allowed to speak whatever he likes. People should be smart or dumb enough to select what information/disinformation they like and run with it to their heart's content. I know you didn't suggest curtailing free speech, but that's the inveitable solution offered to cure the problem of people like Coulter. I say, let an idiot have his podium. More comedy for the rest of us.
Well, you got one thing right -- I didn't suggest curtailing free speech.
Sidd Finch is offline  
Old 02-17-2006, 12:36 PM   #3846
Replaced_Texan
Random Syndicate (admin)
 
Replaced_Texan's Avatar
 
Join Date: Mar 2003
Location: Romantically enfranchised
Posts: 14,280
tax q

Quote:
Originally posted by ltl/fb
Ah. then it's what I thought, they were sloppy -- state taxes aren't "uncle sam." Sam's a fed.
I thought that lottery winnings are taxed at a higher rate than most other income. Isn't lottery a separate question on the tax form?

ETA: Never mind, I found the form, and it looks like withholding should be at 25%. I don't know what the tax rate is on that income though.
__________________
"In the olden days before the internet, you'd take this sort of person for a ride out into the woods and shoot them, as Darwin intended, before he could spawn."--Will the Vampire People Leave the Lobby? pg 79

Last edited by Replaced_Texan; 02-17-2006 at 12:42 PM..
Replaced_Texan is offline  
Old 02-17-2006, 12:40 PM   #3847
taxwonk
Wild Rumpus Facilitator
 
taxwonk's Avatar
 
Join Date: Mar 2003
Location: In a teeny, tiny, little office
Posts: 14,167
tax q

Quote:
Originally posted by ltl/fb
So, they were talking on the radio about the $1 million/day powerball thingy and said "uncle sam will take more than half" -- why is this? Is it an AMT thing and AMT rates are really that high?
It was because people are stupid and math is hard.

The top bracket is still 35%. With the phaseout of exemptions and deductions, some people in the bulge have a higher effective rate, but by the time you're in the tens of millions (assuming the winner takes a lump sum) you're back at the 35% rate.
__________________
Send in the evil clowns.
taxwonk is offline  
Old 02-17-2006, 12:41 PM   #3848
taxwonk
Wild Rumpus Facilitator
 
taxwonk's Avatar
 
Join Date: Mar 2003
Location: In a teeny, tiny, little office
Posts: 14,167
tax q

Quote:
Originally posted by Replaced_Texan
I thought that lottery winnings are taxed at a higher rate than most other income. Isn't lottery a separate question on the tax form?
Lottery winnings are taxed at the same rate as other ordinary income.
__________________
Send in the evil clowns.
taxwonk is offline  
Old 02-17-2006, 12:43 PM   #3849
Raggedy Ann Coulter
Crusader !!!
 
Raggedy Ann Coulter's Avatar
 
Join Date: Aug 2004
Location: Syndicated column near you
Posts: 36
Quote:
Originally posted by Sidd Finch
Well, you got one thing right -- I didn't suggest curtailing free speech.
The ragheads have now put a Million Dollar bounty on the heads of the Danish Cartoonists.

"Bombing them back to the stone age" is actually laughable idea. These cretins never left the stone age to begin with.
Raggedy Ann Coulter is offline  
Old 02-17-2006, 12:45 PM   #3850
Shape Shifter
World Ruler
 
Shape Shifter's Avatar
 
Join Date: Apr 2003
Posts: 12,057
Quote:
Originally posted by Raggedy Ann Coulter
The ragheads have now put a Million Dollar bounty on the heads of the Danish Cartoonists.

"Bombing them back to the stone age" is actually laughable idea. These cretins never left the stone age to begin with.
What is that after taxes?
__________________
"More than two decades later, it is hard to imagine the Revolutionary War coming out any other way."
Shape Shifter is offline  
Old 02-17-2006, 12:54 PM   #3851
sgtclub
Serenity Now
 
sgtclub's Avatar
 
Join Date: Mar 2003
Location: Survivor Island
Posts: 7,007
Quote:
Originally posted by Sidd Finch
I do. Not so much because it bothers me that some right-wing publicity-hound twat accuses me of "Treason". But because people who should be intelligent enough to ignore her don't, but instead parrot what she says and profess their admiration for her -- or even consider her diatribes amusing.

Club, for example, talks about "my girl, Ann."

Slave has been known to quote her affectionately, often in the heat of passion.

And Bilmore? Ann Coulter with breasts.
If you take her for what she is, she is pretty amusing. Lighten up.
sgtclub is offline  
Old 02-17-2006, 12:59 PM   #3852
Shape Shifter
World Ruler
 
Shape Shifter's Avatar
 
Join Date: Apr 2003
Posts: 12,057
Quote:
Originally posted by sgtclub
If you take her for what she is . . .
Hate mongerer? Inciter of violence? Race baiter? What is she, exactly?
__________________
"More than two decades later, it is hard to imagine the Revolutionary War coming out any other way."
Shape Shifter is offline  
Old 02-17-2006, 01:24 PM   #3853
Mmmm, Burger (C.J.)
Moderator
 
Mmmm, Burger (C.J.)'s Avatar
 
Join Date: Mar 2003
Location: Pop goes the chupacabra
Posts: 18,532
tax q

Quote:
Originally posted by taxwonk
Lottery winnings are taxed at the same rate as other ordinary income.
What if you trade it for a timeshare?
__________________
[Dictated but not read]
Mmmm, Burger (C.J.) is offline  
Old 02-17-2006, 01:31 PM   #3854
original Hank@judged.com
crowned
 
original Hank@judged.com's Avatar
 
Join Date: Feb 2006
Location: Judge's Chambers
Posts: 111
Quote:
Originally posted by sgtclub
If you take her for what she is, she is pretty amusing. Lighten up.
sidd is not so dense as some to not to realize what her play is. You can't have once come on to a Greedy associates board, even solo ambulance chasing, and not respect someone who can make big bucks doing what you do on an internet board where the most sidd gets is stroking affirmation from Wonk or Ty trhee days later.

does Ann get residuals from our posts?
__________________
Often, after smart dinner parties, Picasso is said to have wheeled out Guernica for his guests to enjoy.
original Hank@judged.com is offline  
Old 02-17-2006, 01:35 PM   #3855
original Hank@judged.com
crowned
 
original Hank@judged.com's Avatar
 
Join Date: Feb 2006
Location: Judge's Chambers
Posts: 111
tax q

Quote:
Originally posted by Mmmm, Burger (C.J.)
What if you trade it for a timeshare?
depends, what week you have an interest? Wonk might place a higher value on spring break week-he takes kids and also gets to ogle more udnerage girls in bikini. the dirty old man routine is easier without the overcoat. built in premium.
__________________
Often, after smart dinner parties, Picasso is said to have wheeled out Guernica for his guests to enjoy.
original Hank@judged.com is offline  
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Powered by vBadvanced CMPS v3.0.1

All times are GMT -4. The time now is 08:12 PM.