EPTUS Politics Mega-thread - Page 2114
| Forum Index > General Forum |
Now that we have a new thread, in order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a complete and thorough read before posting! NOTE: When providing a source, please provide a very brief summary on what it's about and what purpose it adds to the discussion. The supporting statement should clearly explain why the subject is relevant and needs to be discussed. Please follow this rule especially for tweets. Your supporting statement should always come BEFORE you provide the source. If you have any questions, comments, concern, or feedback regarding the USPMT, then please use this thread: http://www.teamliquid.net/forum/website-feedback/510156-us-politics-thread | ||
|
farvacola
United States18843 Posts
| ||
|
Trainrunnef
United States599 Posts
On February 13 2020 00:10 Acrofales wrote: You should probably separate this into US residents vs others to have any value Poll: what % of gross pay do taxes, ins. and stud. loans add up to 50-60 (2) 40-50 (2) 30-40 (4) 20-30 (0) 10-20 (1) 9 total votes Your vote: what % of gross pay do taxes, ins. and stud. loans add up to (Vote): 50-60 See updated Poll. Only US Taxpayers please. | ||
|
Nouar
France3270 Posts
On February 12 2020 22:37 Trainrunnef wrote: Poll: what % of gross pay do taxes, ins. and stud. loans add up to 30-40% (9) 20-30% (6) 40-50% (3) 50-60% (1) i don't pay for insurance outside of taxes. (0) 19 total votes Your vote: what % of gross pay do taxes, ins. and stud. loans add up to (Vote): 20-30% With an income around 2450€ gross/month, I pay 3,6% income tax (no special deduction, just the standard rate). It was 5.1% last year. Pension is 11% (of *base* salary not including bonuses), "welfare state" (CSG) is 9,2%. The health insurance premium is 1€ per act (tough !), but the ceilings on non-essential stuff (contacts, cosmetic) are nearly 0. Everything related to basic hospital fares and surgery or medication prescribed by a doctor (non cosmetic) is accounted for. I end up with 1900€, which rounds up to 22%. You need to add 30€ a month for additional health insurance, for more coverage on specific stuff (contacts, dental, cosmetic, therapeutic massages, that kind of stuff). 20€ more to cover my wife as well. No student loans since most schools and are "free" here. Except if you want a top-of-the-line private higher education. Still a far cry from 50%, with full coverage, even when taking VAT into account. Of course, the more you earn, the more your income tax goes up. Fyi I am above the median pay, and considered as single for tax purposes. Families pay less. You should have added options for less than 20%. | ||
|
Mohdoo
United States15725 Posts
On February 13 2020 02:33 Nouar wrote: With an income around 2450€ gross/month, I pay 3,6% income tax (no special deduction, just the standard rate). It was 5.1% last year. Pension is 11% (of *base* salary not including bonuses), "welfare state" (CSG) is 9,2%. The health insurance premium is 1€ per act (tough !), but the ceilings on non-essential stuff (contacts, cosmetic) are nearly 0. Everything related to basic hospital fares and surgery or medication prescribed by a doctor (non cosmetic) is accounted for. I end up with 1900€, which rounds up to 22%. You need to add 30€ a month for additional health insurance, for more coverage on specific stuff (contacts, dental, cosmetic, therapeutic massages, that kind of stuff). 20€ more to cover my wife as well. No student loans since most schools and are "free" here. Except if you want a top-of-the-line private higher education. Still a far cry from 50%, with full coverage, even when taking VAT into account. Of course, the more you earn, the more your income tax goes up. Fyi I am above the median pay, and considered as single for tax purposes. Families pay less. You should have added options for less than 20%. This is blatantly superior to my life lol | ||
|
Introvert
United States4869 Posts
On February 12 2020 23:45 FueledUpAndReadyToGo wrote: Is there anything we should read in Bill Weld taking 9.1% of the votes in the NH republican primary? It shows more of a resistance against Trump than the house of senate republicans do at least? No. NH is a wierd state. Right now Trump is just above 86%, which is a hair below the highest percentage ever for an incumbent president (Reagan in '84). That's for both parties. So flipping it around it's the second highest % of all time, and by the time they are done reporting he could break the record. edit: also, what Republican politician would defy even 90% of their voting base. This was another thing Democrats didnt understand in impeachment. If Trump's approval and opposition to impeachment was at almost 90% with GOP voters, any senator not in a wierd spot (Romney) or retiring (Lamar) would be insane to vote yes. | ||
|
farvacola
United States18843 Posts
| ||
|
JimmiC
Canada22817 Posts
| ||
|
Nouar
France3270 Posts
I think I made a mistake though, when I said "health insurance premium is 1€ per act", I used the wrong word. The *deductible* is 1€ per act. There are some caveats since I took the basic additional coverage (since I'm relatively young) : to visit doctors, some of them have a convention with the state and you are fully reimbursed, even for specialists. However the area I am in is pretty rich, so most specialist doctors here add additional fares, which are not covered due to my basic insurance. So I am left with 3 choices : travel 30min to be fully reimbursed (25€ per visit), or see a local specialist (60-80€ per visit) and be reimbursed around 25€, or pay more so my additional coverage covers it (not worth it in my case). Public hospital remains covered. I am talking private sector doctors. For the regular fare, state health insurance covers 60%, and your additional ("mutuelle") covers the remaining 40%. If you don't work or are too poor, you are eligible for state-sponsored additional coverage (CMU-C), to end up with the same 100% coverage of the cost. Full PDF details for those who understand french and are interested : https://drive.google.com/open?id=1BbzkZYr1yzHMDUUYMv7ScQkEwlvGi2Xd Notes : "BR" is "Reimbursement base rate" (from the state), which might or might not cover all the costs. It does not if you are talking fancy glasses or cosmetic surgery/dental care. Or expensive specialists applying additional fares. It does cover everything you need to live in good health and be treated including for long-term ailments or cancers etc. Depending on how much you pay your complimentary coverage, these extra costs may be covered. See the flier when it goes over 100%. It's the whole point here : we don't care about fancy additional services offered by competing hospitals to attract clients, single rooms, TVs etc, that I've seen in the US. You get the basic stuff for your health, and costs don't explode. Do note that the complimentary coverage companies, are called "mutuelles", which means for the most part, they are owned by the people using them. If you are a member, you pay something like 20€ once, to get a part of the stock. This also means they are not purely for-profit companies, which changes a lot of things obviously :-) Their goal is to break even and maybe stock up a little in case of issues. Stopping there, I veered off-topic. | ||
|
Chewbacca.
United States3634 Posts
Salary about $90,000 Federal Income Taxes last year about $6000 State Income Taxes last year about $3500 Health Insurance premium is about $50 per paycheck for $1300 per year. No student loans. No property taxes (Rental). (6000+3500+1300)/90,000 = 12% I guess I'm not including sales tax, but that would only raise it at most 1-2% I would think. | ||
|
farvacola
United States18843 Posts
| ||
|
Gahlo
United States35165 Posts
Took my hourly pay * 75, multiplied that by my tax% for the % of tax on each paycheck, added the cost of my benefits to the result, and then divided that by my gross paycheck for the total burden. Considering there's been recent talk here of "Why is Bloomberg in the race?" and people heavily leaning to the "because he doesn't want Sanders elected" angle - according to this article Bloomberg would pay $3b less under his own proposed tax plan as opposed to Bernie's. https://www.cbsnews.com/news/bloomberg-wealth-tax-compare-sanders-buttigieg-warren-biden/ | ||
|
Mohdoo
United States15725 Posts
Any candidate running on some form of loan forgiveness or reducing payments etc gets an enormous thumbs up from me. It would be completely life changing and allow me to have kids sooner. | ||
|
Nouar
France3270 Posts
On February 13 2020 05:03 Chewbacca. wrote: The numbers that people are reporting are vastly greater than what I'm calculating for myself. I was wondering if I'm not calculating this the same way as others, or where the largest difference is -- Student loans? Salary about $90,000 Federal Income Taxes last year about $6000 State Income Taxes last year about $3500 Health Insurance premium is about $50 per paycheck for $1300 per year. No student loans. No property taxes (Rental). (6000+3500+1300)/90,000 = 12% I guess I'm not including sales tax, but that would only raise it at most 1-2% I would think. I'll admit, barely 10% on income tax for an income in that range sounds a little bit off, but I guess you're sure about what you pay ? If I look at your federal tax brackets, you should pay around 15770 on a 90000 pay (17% overall) edit : oops I didn't account for the standard deduction, which would bring it to roughly 12500$. 50$ monthly health insurance coverage sounds extremely low though. Are you actually reimbursed anything if you have a stay in the hospital, or do you have thousands in deductibles before anything is taken care of ? | ||
|
Introvert
United States4869 Posts
On February 13 2020 03:27 JimmiC wrote: Principals above self interest interesting concept. as we heard over and over again during the House proceedings, "impeachment is political." I dont know what to tell you except that the fact that the "jurors" are elected means it matters. And if an impeachable act is more nebulous than a federal crime it seems natural that politics comes into it. In fact politics is the reason removal requires such a high number of votes. So with the majority of the population, and presumably 90% of your own voters, opposing removal, it does indeed seem odd to expect a senator to go the other way. However if we would like to use this to make the case against direct election of senators, I'm all ears  And this of course is making the generous assumption that the president's actions were impeachment-worthy. Given the history of presidential conduct I find the sudden fidelity to the Constitution suspect. | ||
|
Acrofales
Spain18166 Posts
On February 13 2020 05:37 Mohdoo wrote: Realizing how different my life would be without student loans makes me greatly consider moving to Canada. My understanding is that income based repayment is based on your AGI, but when you live out of country, the first $100K doesn't count. So if I made $110K in Canada, my income based repayment would be based on $10K/year salary. Any candidate running on some form of loan forgiveness or reducing payments etc gets an enormous thumbs up from me. It would be completely life changing and allow me to have kids sooner. On the other hand, the way I understand your tax system works, you pay income tax in Canada, and then you have to pay US federal income tax over your net wage. There's probably deductibles, but the US requiring expats to pay US income tax is pretty crazy. | ||
|
Mohdoo
United States15725 Posts
On February 13 2020 05:49 Acrofales wrote: On the other hand, the way I understand your tax system works, you pay income tax in Canada, and then you have to pay US federal income tax over your net wage. There's probably deductibles, but the US requiring expats to pay US income tax is pretty crazy. yeah but I think the US part is only the money after 100K. But if my student loan payment is like 1/10 what it is today, that's still a slam dunk. And the whole not going bankrupt due to medical bills and free baby delivery is a swish as well. And Canada is basically just a huge version of Oregon, so another favorable box. | ||
|
NewSunshine
United States5938 Posts
On February 13 2020 05:47 Introvert wrote: as we heard over and over again during the House proceedings, "impeachment is political." I dont know what to tell you except that the fact that the "jurors" are elected means it matters. And if an impeachable act is more nebulous than a federal crime it seems natural that politics comes into it. In fact politics is the reason removal requires such a high number of votes. So with the majority of the population, and presumably 90% of your own voters, opposing removal, it does indeed seem odd to expect a senator to go the other way. However if we would like to use this to make the case against direct election of senators, I'm all ears And this of course is making the generous assumption that the president's actions were impeachment-worthy. Given the history of presidential conduct I find the sudden fidelity to the Constitution suspect. I don't think the idea of respecting the constitution came out of nowhere, nor is it recent. If that's your interpretation, that's fine. But I seem to remember the people most vocal about upholding the constitution are also the ones who just acquitted Trump. I hope your suspicions apply across the board, rather than selectively based on who's lauding the document at the time. | ||
|
Chewbacca.
United States3634 Posts
On February 13 2020 05:47 Nouar wrote: I'll admit, barely 10% on income tax for an income in that range sounds a little bit off, but I guess you're sure about what you pay ? If I look at your federal tax brackets, you should pay around 15770 on a 90000 pay (17% overall) edit : oops I didn't account for the standard deduction, which would bring it to roughly 12500$. 50$ monthly health insurance coverage sounds extremely low though. Are you actually reimbursed anything if you have a stay in the hospital, or do you have thousands in deductibles before anything is taken care of ? I went with the pretty basic plan. Believe it is a $4,000 deductible, 60% coninsurance, out of pocket maximum of $6,000. Single non-smoker. Also need to remember to subtract $3,500 for HSA contributions, $6,000 for IRA contributions, and $18,500 for 401k contributions. | ||
|
JimmiC
Canada22817 Posts
| ||
|
Biff The Understudy
France7941 Posts
On February 13 2020 03:03 Introvert wrote: No. NH is a wierd state. Right now Trump is just above 86%, which is a hair below the highest percentage ever for an incumbent president (Reagan in '84). That's for both parties. So flipping it around it's the second highest % of all time, and by the time they are done reporting he could break the record. edit: also, what Republican politician would defy even 90% of their voting base. This was another thing Democrats didnt understand in impeachment. If Trump's approval and opposition to impeachment was at almost 90% with GOP voters, any senator not in a wierd spot (Romney) or retiring (Lamar) would be insane to vote yes. Have to agree with that. People have blamed the complete lack of spine of the GOP congressmen, but the real deal is that the Republican base never left Trump. Of course a political landscape dominated by tribalism and the fact that the republican base is fed a completely alternative set of facts by the dominant conservative media can be part of the equation, but I suspect there is more to it than that. What is certain is that the GOP is no home for any principled politician anymore. | ||
| ||
