W-2 WTF?!?!: Tax Facts to Make Your Head Explode!
December 21st, 2009
Is it patriotic to pay taxes? And if so, who the most patriotest Americans? Who are the least? How many words are in the tax code? How much do patriotic Americans pay to prepare their taxes? How long do you have to work in a year to earn enough to pay your taxes?
The answers to these and other questions add up to one huge W-2 WTF.
Produced by Meredith Bragg. Written by Bragg and Nick Gillespie.
Duration : 0:2:4
[youtube Gv4OeKmWjOI]
Posted in tax | 
Tags: april 15, atlas shrugged, barack obama, barney frank, charles rangel, george carlin, government spending, income tax, joe biden, tax code, Taxes, timothy geithner, turbo tax
Why not? They’ve …
Why not? They’ve worked hard enough (in many instances) to earn it.
Inflation is taxing …
Inflation is taxing everyone, and it hits the poor the toughest.
Ive always heard …
Ive always heard the top 1% of the population owns 40% of the wealth…they only pay 39%!! tax those s more!
He makes a million a year… tax that 50%…makes 10 million…tax that 75%…in the end he’s still getting more than he worked for, nobody is entitled to tens of millions, let alone billions.
The income tax rate …
The income tax rate on the wealthy is 28%. The income disparity that must exist for the difference in taxes paid by the top quintile — and especially the top one per cent — and the lower quintiles is outrageous. (And this doesn’t include capaital gains, a large part of the wealthy’s income)There is no way to justify the disparity. They produce nothing (except financial collapse) and even their decadent consumption levels don’t really drive any part of the economy. John Gault my .
victor2cutube, Why …
victor2cutube, Why should they pay a different rate?
Who said …
Who said libertarians only want to talk about income taxes?
What kind of …
What kind of freedom is that which requires free people to legally pay for anothers dreams, schemes, wants, desires, pleasures, wealth building, failures bailouts & other legal mischief when I cannot force my neighbor to pay for my dreams, schemes…?
HOW CAN THERE BE LAW OR COURTS OF LAW THAT PERMITS LEGAL STEALING & LEGAL SLAVERY?
ITS TIME TO BAND TOGETHER AND TELL THE LEGAL THIEVES WHOS IN CHARGE.
CAMPAIGNforLIBERTY*COM
RESTOREtheREPUBLIC*COM
TRUTHATTACK*ORG
There’s a reason …
There’s a reason why Republicans and their Libertarian corporatist buddies only want to talk about income taxes. The largest tax burdens for most folks are payroll taxes and sales taxes, not income taxes.
Libertarianism is to liberty as Scientology is to science.
According to Joe …
According to Joe Biden, the Obama administration is “unpatriotic”. As the administration is filled with tax cheats.
This isn’t GOP, …
This isn’t GOP, idiots. This is Libertarian, HUGE difference.
These people suggesting that taxing the “rich” nearly twice as much because they can afford it is ridiculous.
Yes, they can afford it. But that’s not the point. What happens when $250,000 p/year is no longer the “rich” and the government deems anyone making over $50,000 needs to pay higher taxes. What’s your opinion when “you” are deemed rich? $50,000 is rich compared to what I make. Maybe YOU should pay more taxes.
Should there not be …
Should there not be a right system in place befor the fed is abolished ? Audit them then get back what we can.STATES are to accept NOTHING but gold or silver for debts.Art. 1 sec. 10 clause 1. Do we ?
There sure are a …
There sure are a lot of people talking about taxes. That’s a excellent thing. My question to all is this. Have you seen the section of the tax code that specifically and unequivocally states that you, as an American citizen, are “LIABLE” for the income tax imposed at section 1 of subtitle A of title 26 USC? Listen to what
Sherry Peel Jackson has to say on You Tube.
Right me if i’m …
Right me if i’m incorrect. As “applied”Title 26 “Income” tax law (a non-positive law) works WHEN applied the way intended….It “applies” to those MADE LIABLE,which is a very small few.Look it up for yourself.HR1207
“YOu shouldn’t type …
“YOu shouldn’t type or talk”
So typical of an EXTREME left wing neo natzi piece of . “Don’t speak unless I agree with you”. That is getting ancient and run down. Try something new because it AIN’T working!!!
if a average tax …
if a average tax payer paid 13 % and he made $50,000 he’d be paying $6,500 which leave him $43,500 a rich person making $10,000,000 a yr pays 23% or $2,300,000 leaving him $7,700,000 .. who’s really bearing the burden ?
Typical GOPer …
Typical GOPer bullshit. Why do Republicans only want to talk about income taxes? Most payroll taxes and sales taxes are paid by working people.
This video is dumb. …
This video is dumb.. Look at the distribution of wealth and it’s even more skewed. That’s why the tax system has to be like this.
I lol’d when it was like
IT HAS 3,700,000,000 PAGES OH NOES
The video shows the …
The video shows the puppet Biden saying time for everyone to pay their “honest share”. My responce was in agreement. I suggest to start with the BANKS, having the banks pay taxes on the ill gotten gains of their bailout. The ill gotten gain is in the form of tax writeoffs, bought from failed financial institutions, with taxpayer money. I never mentioned puppet Biden or puppet Obama in the post. I place forth the proposition that “this video is for the stupid”. So far your arguement fits the bill.
“This video is a …
“This video is a DISTRACTION, paid for by the government ” yeah… right… the Obama administration is really into publishing videos that make their VP and head of the IRS appear as stooges… LOL!
Not that I doubt …
Not that I doubt the veracity of this video, but I’d like to know what sources they got their information from. OK, OK. I want to rub it into Obamanists’ faces, I admit.
This video is for …
This video is for the stupid. It is a DISTRACTION. Consider, bailout taxmoney to JP Morgan to buy Lehman. In the process,JP bought billions of TAX WRITEOFFS thru the bought”toxic ets” on Lehman books, in an amount THEY get to define, thanks to mark to market rule change.The bailout Tax money bought 100 years of TAX WRITEOFFS for banksters, essentially insuring tax free operation for decades. Now add in the other bailouts.This video is a DISTRACTION, paid for by the government
In Norway the …
In Norway the average income tax is about 30-40%, then there’s 1225% VA , and lots of other taxes. Wonder what the ulative tax is. Expect to pay 4 times as much for a car here (not kidding). We’re slaves alright. I reckon the weird banking system, corporations (limited liability), willingness to give up ever more freedom for protection and the “common excellent”, and cannabis/hemp-prohibition are some of the largest problems.
This is hilarious. …
This is hilarious.
Obama and Bidens anti rich BS is back firing.
I New York the top 10% earners are leaving the state they are taking their money with them.
In California the same thing is happening. I guess Govt can’t force you to be patriotic as Nouveau Rich President Obama, the 4.7 Million dollar a year man seems to believe. Whats next Obama, seize ets on people moving away with their money? Except of course on politicians like yourself and your buddies.
your a moron. YOu …
your a moron. YOu shouldn’t type or talk…you sound much smarter that way. Capital gains, business profit, etc. etc. are all incomes that get taxed separately…..read a book outside of right wing propaganda yet? …. uh, didnt reckon so. Stupid slave
The question is …
The question is what percent of INCOME because the income tax taxes income, not wealth. Whining about wealth is just inexcusably wealthy envy — you just despise people who are more successful than you.