General Discussion

n2doc

(47,953 posts) Tue Jul 4, 2017, 08:59 AM Jul 2017

The rich are worried sick, but (tax) relief is on the way!

BY CARL HIAASEN

One of the main gripes about the Senate’s plan to replace and repeal Obamacare is that it gives a humongous tax break to the wealthy.

This is true. The Senate bill would slash healthcare spending on the poor and elderly to finance a hefty tax cut that primarily would benefit rich folks in the top brackets.

Admittedly, it sounds sort of cruel — “mean,” in the president’s own words — but some of this talk is coming from marshmallow liberals who believe that nursing-home patients deserve more compassion than hedge-fund managers.

Hey, the rich suffer, too. Their voices should be heard.

People who don’t make millions of dollars can’t relate to the agonizing experience of writing a big fat check to the IRS every three months. That’s right — the dreaded quarterlies.

more satire
http://www.miamiherald.com/opinion/opn-columns-blogs/carl-hiaasen/article159184184.html

7 replies

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The rich are worried sick, but (tax) relief is on the way! (Original Post) n2doc Jul 2017 OP

In trump's head, the rich are the owners of this country. dubyadiprecession Jul 2017 #1

The French had a simple cure for this complaint dalton99a Jul 2017 #2

lol DiverDave Jul 2017 #4

Their poor pitiful plight. I'd love to write big check to IRS because it would mean I'm making a lot Hoyt Jul 2017 #3

Yeah, they don't think that way krispos42 Jul 2017 #5

I am so ready to write a $43,000,000 to the IRS and another $12M to my state. Will even send big Hoyt Jul 2017 #6

Yeah, but you and I aren't psychopaths. krispos42 Jul 2017 #7

dubyadiprecession

(5,749 posts)

1. In trump's head, the rich are the owners of this country.

Reply to n2doc (Original post)

Tue Jul 4, 2017, 09:15 AM

Jul 2017

The rest of us just live here.

dalton99a

(81,730 posts)

2. The French had a simple cure for this complaint

Reply to n2doc (Original post)

Tue Jul 4, 2017, 09:25 AM

Jul 2017

It was an elegant mechanical device

DiverDave

(4,896 posts)

4. lol

Reply to dalton99a (Reply #2)

Tue Jul 4, 2017, 12:18 PM

Jul 2017

Thanks for the laugh

Hoyt

(54,770 posts)

3. Their poor pitiful plight. I'd love to write big check to IRS because it would mean I'm making a lot

Reply to n2doc (Original post)

Tue Jul 4, 2017, 12:07 PM

Jul 2017

krispos42

(49,445 posts)

5. Yeah, they don't think that way

Reply to Hoyt (Reply #3)

Tue Jul 4, 2017, 12:28 PM

Jul 2017

This is the annuity schedule if my tickets win tonight in MegaMillions.

Well, we'd divide it 7 ways 'cuz I'm in a pool, but you get the idea.

I see the 4th column and shout "FREEDOM!"

They see the 2nd and 3rd columns and cry "TYRANNY!"

Year Gross Payment Federal Taxes State Taxes Net Payment
1 $2,588,847 $647,212 $180,960 $1,760,675
2 $2,718,289 $679,572 $190,008 $1,848,708
3 $2,854,204 $713,551 $199,509 $1,941,144
4 $2,996,914 $749,228 $209,484 $2,038,201
5 $3,146,759 $786,690 $219,958 $2,140,111
6 $3,304,097 $826,024 $230,956 $2,247,117
7 $3,469,302 $867,326 $242,504 $2,359,473
8 $3,642,768 $910,692 $254,629 $2,477,446
9 $3,824,906 $956,226 $267,361 $2,601,319
10 $4,016,151 $1,004,038 $280,729 $2,731,384
11 $4,216,959 $1,054,240 $294,765 $2,867,954
12 $4,427,807 $1,106,952 $309,504 $3,011,351
13 $4,649,197 $1,162,299 $324,979 $3,161,919
14 $4,881,657 $1,220,414 $341,228 $3,320,015
15 $5,125,740 $1,281,435 $358,289 $3,486,016
16 $5,382,027 $1,345,507 $376,204 $3,660,316
17 $5,651,128 $1,412,782 $395,014 $3,843,332
18 $5,933,684 $1,483,421 $414,765 $4,035,499
19 $6,230,369 $1,557,592 $435,503 $4,237,274
20 $6,541,887 $1,635,472 $457,278 $4,449,137
21 $6,868,981 $1,717,245 $480,142 $4,671,594
22 $7,212,430 $1,803,108 $504,149 $4,905,174
23 $7,573,052 $1,893,263 $529,356 $5,150,433
24 $7,951,704 $1,987,926 $555,824 $5,407,954
25 $8,349,290 $2,087,322 $583,615 $5,678,352
26 $8,766,754 $2,191,689 $612,796 $5,962,270
27 $9,205,092 $2,301,273 $643,436 $6,260,383
28 $9,665,347 $2,416,337 $675,608 $6,573,402
29 $10,148,614 $2,537,153 $709,388 $6,902,072
30 $10,656,045 $2,664,011 $744,858 $7,247,176
Total $172,000,000 $43,000,000 $12,022,800 $116,977,200

https://www.usamega.com/mega-millions-jackpot-annuity.asp?state=CT&d=

Hoyt

(54,770 posts)

6. I am so ready to write a $43,000,000 to the IRS and another $12M to my state. Will even send big

Reply to krispos42 (Reply #5)

Tue Jul 4, 2017, 12:32 PM

Jul 2017

contribution to DU.

krispos42

(49,445 posts)

7. Yeah, but you and I aren't psychopaths.

Reply to Hoyt (Reply #6)

Tue Jul 4, 2017, 12:40 PM

Jul 2017

I'm in my early 40's and have worked all my life. I have little interest in owning a bunch of valuables or status pieces, or trying to insinuate myself into the local high society.

I have dreams of home ownership and college money for my kid. The jackpot would allow me to expand that to all of my second cousins and nephews, as well as a certain first cousin who recently divorced her abusive husband.

Gold-plated toilets, Italian sports cars, elite boarding schools, and art collections are not in my post-MegaMillions future.

I might buy a small airplane.

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