General Discussion

trof

(54,274 posts)

8. No, but I wish I was. In Alabama I pay no state income tax.

Mon Sep 17, 2012, 06:48 PM

Sep 2012

I'm 71 and Miz t. is 68.
We live off of a small pension (Thank you my union) and our S/S retirement benefits.
Thanks again to my union, I got a lump sum rollover into an IRA.
(It's kinda complicated.)

We take as little as possible out of the IRA each year to make ends meet.
I'll just say there's less than $300 grand in it and we, of course, have no idea how long it needs to last.

Alabama has a state income tax, Nut as backward as Alabama is in most things, they don't tax 'qualified' pensions (like mine) OR S/S.
I pay no AL state income tax.

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Hey, You. Are you a Mittler 47%er? [View all] RobertEarl Sep 2012 OP

No, I'm not a 47%er SickOfTheOnePct Sep 2012 #1

47ers are those who vote for good government RobertEarl Sep 2012 #5

I did read the threads, thanks SickOfTheOnePct Sep 2012 #6

Why so defensive? RobertEarl Sep 2012 #7

Not defensive at all, just stating the facts n/t SickOfTheOnePct Sep 2012 #9

Here. The Quote. Fact. You're welcome. RobertEarl Sep 2012 #12

You need to look up some facts SickOfTheOnePct Sep 2012 #14

Did some looking RobertEarl Sep 2012 #18

But the premise of that argument is wrong. LiberalFighter Sep 2012 #13

I don't disagree with anything you've said SickOfTheOnePct Sep 2012 #16

I had enough capital losses last year that I almost made his rate, Warpy Sep 2012 #2

Few would argue that $49,000 is sub subsistence wage SickOfTheOnePct Sep 2012 #3

If that family of 5 needs food stamps Warpy Sep 2012 #17

Anyone who believe's that Mitt's contempt stops at 47% FightingIrish Sep 2012 #4

No, but I wish I was. In Alabama I pay no state income tax. trof Sep 2012 #8

Yes. I haven't always been. But thanks to the Bush Recession, I am. kestrel91316 Sep 2012 #10

No, I'm one of the 53%ers who support his lazy, corporate, tax-dodging ass. haele Sep 2012 #11

I am one of those 53% I guess. LiberalFighter Sep 2012 #15