Anonymous
Post 06/24/2023 19:54     Subject: taxes vs charity

Anonymous wrote:
Anonymous wrote:For high earners, taxes are completely forced charity.


OP is suggesting that he pay more taxes because he is too lazy to keep records of his deductions. That's just wasting money. Since he doesn't seem to have tax or financial advisors to help I am guessing he doesn't actually make enough to throw extra money to the government.


The crazy thing is that most people making average incomes don't have the money to maximize all tax deductions. Try maxing retirement (29000 I believe), state 529 deduction (4000ish), FSAs (7800), and itemized deductions above the standard deduction on the median US or even DC area income. You just have to pay taxes on most of your income. Optimization is a rich people problem.
Anonymous
Post 06/24/2023 19:27     Subject: taxes vs charity

Anonymous wrote:For high earners, taxes are completely forced charity.


OP is suggesting that he pay more taxes because he is too lazy to keep records of his deductions. That's just wasting money. Since he doesn't seem to have tax or financial advisors to help I am guessing he doesn't actually make enough to throw extra money to the government.
Anonymous
Post 06/24/2023 17:57     Subject: taxes vs charity

Anonymous wrote:We are in a sour spot for taxes; we make too much and too little -- nothing makes a difference.


This is how I feel. I feel like no one else is paying taxes but me. LOL
Anonymous
Post 06/24/2023 17:53     Subject: taxes vs charity

For high earners, taxes are completely forced charity.