Originally Posted by displacedinMN:
I just hate that I work hard, supposed to get more money, and it goes back into taxes for the city, school (see below) and everyone wants more. Every bill went up Jan 1. DTV, water, paper etc.
The city decided to build a new city hall and pool. I am close to paying as much in taxes as my house payment. Which I get no credit for. F Hennepin County.
We prepaid a lot. We do not have anything taken out for farm cash rent, so we have to prepay it. I get no credit for tuition for kid because I MAKE TOO MUCH MONEY.
Let me tell you what it is like to be a teacher in the district I teach in.
I voted for the referendum. It usually helps with a pay raise. I will pay more in property taxes and income tax so that I can get a pay raise so I pay more taxes. The ultimate vicious circle.
Our school district is still 5 Mill in the hole because the Fed government does not fully fund Special Ed. Meaning I may lose my co-worker who I really like. And may have to train someone new. I hate that.
ok. /rant for now.
Hey man, if you don't like paying tax on the farm rental, let me shoot you my address and SSN and they can send the checks to me. I'll happily pay tax on a new income stream. Particularly if it is passive. :-)
Really though, I feel you on FUUUUUUCK taxes. I don't mind paying taxes for basic shit - infrastructure and security and the like that I can't provide myself, but these taxes are fucking hogshit.
If you want to get REALLY wound up, 44.4% of Americans will pay $0 of Federal Income Tax That is so mind bogglingly fucked the fuck up, I can't even come up with words. :-)
On the practical end, if your farm rent is sharecrop, the guidance from the IRS indicates that it would be eligible for the QBI deduction, which would help.
Other than that, just know you're not alone in the boat you're in. Property taxes in my county (at least on Ag land) have almost doubled since 2012, I feel your pain. I set up an S-Corp on the farm because the most expensive thing I could do was retain earnings. Couple that with cornholes I know that get EITC, and it is damned maddening.
When I tell my democrat teachers that 44% don't pay taxes, they get mad. But it is true.
And paying for decorative water fountains pisses me off.
We will see how this year goes. we put a lot away for taxes.
Farm rent helps pay for college after taxes. 2 years, no loans...good thing. [Reply]
Originally Posted by displacedinMN:
When I tell my democrat teachers that 44% don't pay taxes, they get mad. But it is true.
And paying for decorative water fountains pisses me off.
We will see how this year goes. we put a lot away for taxes.
Farm rent helps pay for college after taxes. 2 years, no loans...good thing.
Right on. Paid for land makes good money. Probably better money where you’re at.
There is also an option to withhold extra from your check in lieu of doing it yourself, but if you’re handling it, I wouldn’t worry. [Reply]
Originally Posted by ChiliConCarnage:
This is a swing or short term trade? Why, Pfizer? Is it a play on PBM regulation?
Swing trade. Dividends pay on the 1st and I need out by then since I’ll miss cutoff to receive any of that. Lots of recent support at $41.70. Futures looked green. Open $42.5 and had limit order set at $42.30. Order placed at $42.23 today shortly after open. [Reply]
Kraft Heinz getting killed after hours. A stock down over the last 5yrs dropping 20% so far tonight. :-)
Dividend cut, write downs of core Business values, also the SEC subpoenaed their finances due to accounting concerns. So uhh good news all around [Reply]
I applaud their use of, "Youre not breaking up with us; Were breaking up with you!". Stamps.com doesn't need the USPS. Hell, they've been holding us back, tbh.
Down 56% so the market doesn't seem to agree but it was a solid effort. [Reply]
Total revenues reached RMB7 billion, up 54% year-over-year.
We ended the year with total revenues of RMB25 billion, up 52% year-over-year.
The number of total subscribers reached 87.4 million as at the end of 2018, representing a 72% year-over-year growth.
Our membership business continued to be the main engine of our growth with revenues increasing 76% year-over-year RMB3.2 billion during the fourth quarter.
This again was driven by growth of the number of subscribers which recorded a net addition of 6.7 million substantially and 36.6 million year-over-year.
