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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Major (https://www.airlinepilotforums.com/major/)
-   -   Taxes - Fed/State/Property/Sales (https://www.airlinepilotforums.com/major/149148-taxes-fed-state-property-sales.html)

Smooth at FL450 01-06-2025 02:26 PM
Originally Posted by Stan446 (Post 3867960)
Unless you made 2 mil. you didn't pay 227K in taxes. A 450K income is about 90K in tax obligation.
I'm at 161k federal on 675k income...so you're telling me the curve flattens as the income gets higher??? Pretty sure that's not the scale I've looked at...

DogPit 01-06-2025 05:04 PM
Originally Posted by Stan446 (Post 3867960)
Unless you made 2 mil. you didn't pay 227K in taxes. A 450K income is about 90K in tax obligation.
You don’t understand how taxes work.

Profane Kahuna 01-06-2025 05:40 PM
Originally Posted by beech1980 (Post 3867978)
where I live you pay about 900k in taxes on 2 million. Don't ask me how I know... Two workers. It's sad but true.

That's great and stupid at the same time. 45% in taxes?



.

ReadOnly7 01-06-2025 10:21 PM
Originally Posted by Boxhound (Post 3867988)
“Mo money, Mo problems”

Biggie Smalls
Diddy’s in that song, also.

John Carr 01-07-2025 12:12 AM
Originally Posted by Boxhound (Post 3867988)
“Mo money, Mo problems”

Biggie Smalls
Originally Posted by ReadOnly7 (Post 3868141)
Diddy’s in that song, also.
Mo money, mo baby oil.

beech1980 01-07-2025 02:11 AM
Originally Posted by Profane Kahuna (Post 3868098)
That's great and stupid at the same time. 45% in taxes?



.
very stupid... 9.85% state income tax once you hit 330k. People often are confused as to why people with high incomes would flee such a state!? Taxes are atrocious and it's cold AF.

AF OneWire 01-07-2025 05:12 AM
Originally Posted by Profane Kahuna (Post 3868098)
That's great and stupid at the same time. 45% in taxes?



.
and the bottom 41% of wage earners pay zero federal taxes, and often get refunds from tax credits.

flyguy81 01-07-2025 08:19 AM
Originally Posted by beech1980 (Post 3868156)
very stupid... 9.85% state income tax once you hit 330k. People often are confused as to why people with high incomes would flee such a state!? Taxes are atrocious and it's cold AF.
MN I guess. Got a few friends there who aren’t pleased with state taxes but that’s where family is so whatcha gonna do? 😬

Boxhound 01-07-2025 11:14 AM
Originally Posted by John Carr (Post 3868152)
Mo money, mo baby oil.
Dammit John!!!


checkmated again!!!

Stan446 01-08-2025 06:45 AM
Originally Posted by DogPit (Post 3868089)
You don’t understand how taxes work.
Really? Its a graduated tax system. 450K was about 90K fed liability. And I live in a state with no income tax.


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