50% our analogy for navigating markets and humans...the other 50% is the stuff missed when running in a fog
Thursday, May 12, 2011
Its Not My Money so Why Not Spend It
…..Wouldn’t it be great if Obama would forgo his salary as a symbolic gesture as many CEO’s do with struggling companies, and only take a paycheck if he balances the budget, maybe all of congress should. Don’t worry about them most are worth millions they don’t need it they are rich.
Fight the good fight
Daniel Plainview
Tuesday, May 10, 2011
We Don't Pay Enough in Taxes (MY ASS)
Check your math.. rough estimate ,
Take a rough number like $100,000 (I don't want to be consider RICH by the administration)
1. Average Federal tax is =$21,617
2. FICA =$ 7650
3. Michigan State Tax 4%= $4000
4. Sales tax assume they save 12% (I know most people don't, but I don't want to be charged with over inflating the tax estimate) if you dont save it you spend it MI Sales tax rate 6% =$3742
5. Gas tax Michigan has an average of 37.7 cents per gallon in tax. 15,000 miles at 25 miles a gallon equals 600 gallons of gas and another $226 in tax
6. Since in Michigan you have to have a car you can add about $122 to register and keep tabs and plates
For a grand tax total of
$37,357 or about 37.36% of you income goes to the ever so efficient government