We have wasted so much fucking time on this asshole. A constant theme of my posts since we have been back is how long it is going to take to get back to where we were before this asshole rode down that fucking escalator. People say years; I say decades or generations. We’re still trying to recover from the Reagan era: an era that is still around! We’ve been dealing with this asshole for over a decade now, way too long imho, but we still perhaps have three years left. God help us. Meanwhile, the world is...
Continue reading...taxes
Man who ran military poorly unsurprisingly bad at doing his taxes
Ladies and gentlemen, the former U.S. secretary of defense: “I have sent in our federal income tax and our gift tax returns for 2013,” Rumsfeld wrote. “As in prior years, it is important for you to know that I have absolutely no idea whether our tax returns and our tax payments are accurate.” …. “The tax code is so complex and the forms are so complicated, that I know I cannot have any confidence that I know what is being requested and therefore I cannot and do not know, and I suspect a great many Americans cannot...
Continue reading...Tax rates, visualized
From Weather Sealed, a chart showing marginal tax rates from 1910 to the present. To illustrate, Weather Sealed’s infographic team charted the historical U.S. income tax brackets for singles, adjusted for inflation, from 1910 to present. The colors indicate the marginal tax rate: black for low, red in the middle, and yellow for high. The horizontal axis is the tax year, and the vertical represents taxable income, log-scale, normalized to 2010 dollars with the Bureau Of Labor Statistics’ monthly CPI-U figures. The bracket data comes from The Tax Foundation and the IRS, and the effects of Social Security,...
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