Lottery Changed My Life - Page 5 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

PQ · 01-23-2012, 12:03 AM

Quote:

Originally Posted by hightower

Just like everyone who wins the lottery, they're gonna go back to being poor again, if they aren't there already...

Uh............ you didn't read the thread.

*KILLER74Z28* · 01-23-2012, 01:24 AM

WOW!

MY2012RS · 01-23-2012, 01:49 AM

I wonder what happened to the camaro?...watching that video was torture..lol..I knew we had some morons living amongst us but those 2 idiots are in the top ten for sure

s1k0 · 01-23-2012, 04:30 AM

Camaro went to a better home!

papabearcamaro · 01-23-2012, 06:45 AM

It's to bad money can't buy brain cells,because these two clowns sure are lacking quite a few.

RickRay · 01-23-2012, 07:09 AM

Quote:

Originally Posted by PQ

BTW, gotta love how this sorry assed gov. takes more than half of his winnings and it's so accepted that nobody even notices.

MORE THAN HALF!!!!!!!!!!!!!!

At least here in Canada when you WIN the Lottery it's all Yours....ONLY the Interest you make is Taxable...

Big Top Gt · 01-23-2012, 07:11 AM

Quote:

Originally Posted by cplhester

Wow he retired at 31. Who will flip the burgers at BK now?

Those Subway sandwiches aren't going to make themselves.

Wild Bill NY · 01-23-2012, 07:59 AM

Seen this last weekend on TV this guy only won 1mil his son will bankrupt him real soon !

firengnred · 01-23-2012, 08:44 AM

Uh....PQ..... I think Uncle Sam read your posts..........

:f bodgoul1:

Drew10 · 01-23-2012, 09:51 AM

Quote:

Originally Posted by PQ

Fair enough. I certainly can't argue. But if it were an actual 2 million dollar 'paycheck' do you think they'd tax based on over 50% tax rate?

Easy money for everyone, including our Gov.

PQ, you got me thinking. I pay 9.75% per week of my total gross in federal tax alone. When I receive my quarterly bonus, I am taxed a little over 42% using the Aggregate Method. It is possible that our payroll dep. software does not recognize a bonus as a one time pay out, thus the system automatically bumps me up in a higher tax bracket. Either way, I am now on a mission to find out why "free" money is taxed so heavily.

Brutal SS · 01-23-2012, 10:30 AM

Famous last words, "Here's your keys."

PQ · 01-23-2012, 12:10 PM

Quote:

Originally Posted by RickRay

At least here in Canada when you WIN the Lottery it's all Yours....ONLY the Interest you make is Taxable...

Ya........... but what does a Camaro cost?

Just playin' lol

Quote:

Originally Posted by Wild Bill NY

Seen this last weekend on TV this guy only won 1mil his son will bankrupt him real soon !

Read the thread.

Quote:

Originally Posted by firengnred

Uh....PQ..... I think Uncle Sam read your posts..........

Quote:

Originally Posted by Drew10

PQ, you got me thinking. I pay 9.75% per week of my total gross in federal tax alone. When I receive my quarterly bonus, I am taxed a little over 42% using the Aggregate Method. It is possible that our payroll dep. software does not recognize a bonus as a one time pay out, thus the system automatically bumps me up in a higher tax bracket. Either way, I am now on a mission to find out why "free" money is taxed so heavily.

A lot of people don't realize that they are not taxed 37%. It's business that sends a 37% clip in. Your employer has to match your SS and Medicare taxes and then pay the FUTA as well as state and local taxes. Most individuals only pay around 15% give or take. The business makes up the rest. I make tax payments monthly for our payroll and business. I'm a fan of taxes. Really I am. There HAS to be taxes. I'm NOT a fan of them wasting what we pay.

Drew, I'm not exactly sure how or why they tax so hard on those payments but I assume it's the company basically saying that they don't want to match any of it so they make it all on you. And I suppose it's not a shitty thing for them to do because they don't HAVE to give it???

If the company made it a regularly taxable pay then they'd have to match the taxes you DO pay and give you the difference. In essence, costing them MORE money.

I don't know, but either way, the Gov. requires it so they have to send it on your behalf.

BUT, please do not get me confused as a tax guru. I use QuickBooks and send what the books tell me to then my accountant makes sure there is nothing overlooked at the end of the year.

Obzen · 01-23-2012, 12:20 PM

Quote:

Originally Posted by GunnyG

Dad rocking a mullet, son needs some dentures...superior gene pool there. They'll be broke in six months at this rate.

Agreed, that 2 million will be gone and they'll have to sell all their $400 swords back to the pawn shop for $10.

PQ · 01-23-2012, 12:29 PM

Some of you guys are not reading the thread.

They are already broke. And dad is in jail for pills.

01-23-2012, 01:24 AM	#58
KILLER74Z28 MOD SQUAD Drives: 2G1FT1EW9A9100666 Join Date: Aug 2006 Location: West Michigan Posts: 5,782 View My Garage	WOW! __________________ Who cares about the Blue Oval crowd and their little Ponys? We're getting our Camaro back-and it'll be Supercharged!-MDAII Team LS3

01-23-2012, 01:49 AM	#59
MY2012RS Drives: 2012 1LT Join Date: Aug 2011 Location: Long Island Posts: 322	I wonder what happened to the camaro?...watching that video was torture..lol..I knew we had some morons living amongst us but those 2 idiots are in the top ten for sure __________________

01-23-2012, 04:30 AM	#60
s1k0 Drives: Corvette C6 Join Date: Jun 2011 Location: SoCal San Diego Posts: 1,225 View My Garage	Camaro went to a better home! __________________ ....Oh yeah and A CIA Inc. Sold It..

01-23-2012, 06:45 AM	#61
papabearcamaro Drives: 2012 Chevrolet Silverado 4x4 Z71 Join Date: Dec 2009 Location: WI. Posts: 1,744	It's to bad money can't buy brain cells,because these two clowns sure are lacking quite a few. __________________ SOLD(Traded for 2012 Silverado Z71 4x4 and 2012 Sonic Hatch.)...2010 Camaro 1SS/RS/LS3,yellow with House of Kolor Tangerine Pearl rally stripes,manual trans.Hurst short throw shifter,4 pack rally gauges,Roto-Fab air intake,Kooks long tube headers with high-flow cats,Borla S-Type catback exhaust,Comp Cam,PRC ported heads,Maggie with 3.6 pulley and 1:1 cog drive,secondary fuel system with 65lb injectors,ADM digital A/F and Boost gauge,Pfadt trailing arms and subframe bushings.614.25rwhp/566.82rwtq on 8# of boost. 2012 Chevrolet Silverado 1500 EX.Cab 4X4 Z71.

01-23-2012, 07:59 AM	#64
Wild Bill NY Drives: 2010 Inferno Orange 2SS/RS Join Date: Oct 2011 Location: Orange County New York Posts: 261 View My Garage	Seen this last weekend on TV this guy only won 1mil his son will bankrupt him real soon ! __________________ '10 Camaro 2SS/RS , '08 Cadillac CTS , '08 Lincoln MKZ , '05 American Ironhorse Texas Chopper , John Deere LT155 . All American !!!

01-23-2012, 08:44 AM	#65
firengnred Drives: 2010 2SS/RS, 2006 2500 Silverado Join Date: Dec 2009 Location: Torrance, Ca. Posts: 682 View My Garage	Uh....PQ..... I think Uncle Sam read your posts..........:f bodgoul1: __________________ "Watch your thoughts, for they become words. Choose your words, for they become actions. Understand your actions, for they become habits. Study your habits, for they will become your character. Develop your character, for it becomes your destiny."

01-23-2012, 10:30 AM	#67
Brutal SS Drives: 2019 Camaro 2SS 1LE Join Date: Aug 2011 Location: Dinwiddie, Va. Posts: 1,901	Famous last words, "Here's your keys."

01-23-2012, 12:29 PM	#70
PQ Booooosted. Drives: 2010 Supercharged SS Join Date: Apr 2008 Location: Mobile, AL Posts: 36,716 View My Garage	Some of you guys are not reading the thread. They are already broke. And dad is in jail for pills. __________________

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