I wrote/mailed tax checks today...

Agree
 

I just received my new tonearm a few minutes ago and phono pre Monday… time to make an arm board, yippee!

Steve

I’m going to go out on a limb here.  Let’s all stop our bitching about politics and paying taxes.  We should all just thank (insert name of your preferred fictitious character here) that we have incomes and need to pay taxes.  Millions out there would love to have our problems.  Getting off my soapbox now.  

@bigtwin +1

I was going to buy a motorcycle but thats been pushed back a bit.....

@tablejockey 

that's great. I am looking forward to joining that seemingly elusive club. I've got 7 years to go until F.R.A.

Not so fast. Retirement takes more planning to avoid taxes. Take too much in regular dividends and capital gains and you'll still be paying them. Some people who didn't plan ahead thought they'd be swimming in tax-free investment income during retirement, but are unpleasantly surprised.

@waytoomuchstuff 

Fax ... lol ... I get it.

BTW, to the misinformation above, Trump lowered the tax rates for those making $10,000 - 216,000 and for couples to $432,000. Look it up. There's a difference between not liking someone and spreading misinformation because you don't like someone.

@jssmith 

A number of taxpayers, after losing deductibility of some state/local taxes, paid more following the recent tax cut. Maybe that’s what the poster was referring to?

Does everyone at least have their system playing as it should? Listen to some uplifting music because today’s market beating was a good one.

OUCH!

"Not so fast. Retirement takes more planning to avoid taxes. Take too much in regular dividends and capital gains and you’ll still be paying them."

jssmith-

Who said anything about being "tax free?" That’s laughable! I plan on paying taxes for 33 years after my FRA. After that, I’m blowing the rest on a rented Ferrari to Vegas and strippers.

@ghasley 

A number of taxpayers, after losing deductibility of some state/local taxes, paid more following the recent tax cut. Maybe that’s what the poster was referring to?

Well, that's the state's fault for taxing too much, not Trump's. That's another reason I'd never live in NY or California. But that tax change usually only affects the more affluent because lower incomes or those without debt usually take the standard deduction. And if they don't, the tax rate cut would more than make up for the lose of deductibility for most people. So any way you look at it, unlike what the poster implied, most people paid less under Trump.

Doesn't matter. One way is just pushing us toward financial collapse faster than the other.

@tablejockey 

Sounds like a good plan.

As for the market, eh, yeah I got monkey-hammered, but it was not unexpected. Rate hike effects are predictable. Just wait until these hikes obliterate all the false wealth people thought they had in their house. Meanwhile, my Dividend Aristocrats are still generating the same income they were the day before.

Wah, wah, wah...poor baby...all of you privileged audiophiles - stop your whining and opining; quit your kevetching and wretching.

Just fork-over your taxes and keep it moving. Someone has to pay for this best-in world-military, amber waves of grain, and Goofy.

"Render unto Caesar that which is Caesar’s."

Just make certain Trump does so as well.

@jssmith Thank you.  I feel better now.

"Just wait until these hikes obliterate all the false wealth people thought they had in their house. Meanwhile, my Dividend Aristocrats are still generating the same income they were the day before."

jssmith-

I'm in SoCal-the land of false wealth and $6.00 gas.

@jeffrey75 

The 2008 housing crisis was set up in the mid-90's under Clinton by his pals Barney Frank, Andrew Cuomo and many others. Republican Phil Gramm is not without blame too. GWB just continued the Clinton years' push to have unqualified Americans buy homes and have Fannie and Freddie buy up all the bad loans and take the risk away from their pals at the banks. Read the book Architects of Ruin to see how it played out. Plus, the balanced budget was done through accounting tricks and was only done after Gingrich took over Congress, (who actually controls the purse strings) and forced Clinton into a spending compromise.

You say my tax rate decrease statement is not true (it comes straight from gov't site) then you contradict yourself by saying the tax rate decrease was only 10%. You can't have it both ways. BTW, no laws are permanent.

I'm getting the feeling you're still under the spell of the blue vs. red dichotomy. Eventually you may see that reality is a certain set of elites vs. us. It's not a conspiracy theory. It's straight from the Davos crowd's own mouth in the book The Great Reset, subsequently followed up by The Great Narrative. You may still be able to find a free copy of the former on the Web. Basically, the world is one big propaganda machine with different factions of sociopaths looking to satisfy their psychological need to force their will onto the proletariat. We are pawns in their game. Some people understand that, most don't.

What has this thread got to do with Analog Audio?

Please take it somewhere else among Audiogon Forums. I don’t care where.

Well, it started off with me disappointed that I'll have to put off getting the Tech Das for yet another year.