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DonRedwood

(4,359 posts)
Thu Aug 16, 2012, 07:10 PM Aug 2012

What would you do with all your savings if you only had to pay 13% taxes?

I, personally, would be able to stop buying my clothes at Goodwill.

My full-time assistant would no longer qualify for foodstamps.

I'd spend more money on my classroom.

You?

16 replies = new reply since forum marked as read
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What would you do with all your savings if you only had to pay 13% taxes? (Original Post) DonRedwood Aug 2012 OP
I'd pay my house off a little faster slackmaster Aug 2012 #1
Two chicks at the same time. flvegan Aug 2012 #2
Car elevator. Fancy dancing horse. Liberal_in_LA Aug 2012 #3
Don't know. Vacation home? gollygee Aug 2012 #4
Sock it into my savings account. RebelOne Aug 2012 #5
I'd have my own personal ball washer Major Nikon Aug 2012 #6
Retire and open my job to a younger man! B Calm Aug 2012 #7
And what would happen to the already falling national infrastructure? nadinbrzezinski Aug 2012 #8
We could always starve the military Major Nikon Aug 2012 #10
this makes me sick DonRedwood Aug 2012 #11
Imagine what this nation could do if we didn't have 41% of the world's total military spending Major Nikon Aug 2012 #12
Pay off my student loans. liberalmuse Aug 2012 #9
I'd actually get to retire someday. Maybe. Lone_Star_Dem Aug 2012 #13
Your post highlights the genius of the tactic from Team Obama rufus dog Aug 2012 #14
Pay more taxes. LiberalFighter Aug 2012 #15
Something crazy/sexy like dentistry. Starry Messenger Aug 2012 #16

gollygee

(22,336 posts)
4. Don't know. Vacation home?
Thu Aug 16, 2012, 07:17 PM
Aug 2012

Fancy sportscar? No, I live in Michigan and couldn't use a sports car all year.

I suppose I'd save it for retirement/university for kids. One says she wants to be an anthropologist or something. I think they spend a lot of time in school.

RebelOne

(30,947 posts)
5. Sock it into my savings account.
Thu Aug 16, 2012, 07:20 PM
Aug 2012

Fortunately, I don't pay income taxes any more, as I am collecting social security, which is tax free.

 

nadinbrzezinski

(154,021 posts)
8. And what would happen to the already falling national infrastructure?
Thu Aug 16, 2012, 07:26 PM
Aug 2012

There is more, how fast do you think the feds would recommend the states make the short fall in FEES?

Taxes, the price we pay in a civilized society.

Major Nikon

(36,827 posts)
12. Imagine what this nation could do if we didn't have 41% of the world's total military spending
Thu Aug 16, 2012, 11:11 PM
Aug 2012

We could eliminate poverty, provide health care for all, and provide free education through college, just to start.

 

rufus dog

(8,419 posts)
14. Your post highlights the genius of the tactic from Team Obama
Thu Aug 16, 2012, 11:24 PM
Aug 2012

Here we have a rich FUCK who just admitted that, at best, he pays a much lower tax rate than the rest of us.

You stepped right into he trap you dumb-shit Romney, next step is to prove how you lied about the 13%.

LiberalFighter

(51,105 posts)
15. Pay more taxes.
Thu Aug 16, 2012, 11:37 PM
Aug 2012

I would owe money if my effective tax rate was 13%. Last year it was just over 10%. Just have my pension. Don't have dividends or capital gains. I have just the standard deduction and exemption for a single person.

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