Jane Sanders, wife of Bernie Sanders under investigation for $10M bank fraud

[JSt0rm]

Nope, I knew what he made. I remember when his taxes were released, when Maddow thought she had Trumps. He is a hypocrite, his wealth is far superior to mine, far above a million net worth. Had made much more than I did. Yet he paid much less. Claiming Trump needs to be investigated, yet his wife does not. That is being a hypocrite.

How do you know he paid less then you? if you pay more you need a better accountant. Dont you have a gaggle of kids?

 

[Ackmed]

Percentage wise he did, he paid 13% on his taxes. My taxes clearly show me in the 25% bracket. I am not going to post my taxes on here though. I checked my check before that one, almost identical taxes percentage wise taken out. I suppose I have a gaggle, 4 now. 18, 13, 4, and 6 months. We're done, or at least I am. Rules have changed apparently, you can only claim the new child for the days you have him, he was born Dec 7th. Used to be the entire year, now they prorate it. Same for the house, we bought Oct 31st. I write off what I can, I can't pull bullshit out of the air. Our oldest is starting college this Fall, neonatal nursing. We can write that off, about $7,500 a year after grants. Other than the house and donations we don't have a lot to write off. We have to get a new accountant next year, ours retired finally. Her dad has used him forever, and so we did too. We're far from rich, wife does not work now. Its a sacrifice keeping her home, but better in the long run. Child care is astronomical, not worth her working anymore. She's planning on subbing at our local high school. She used to teach full time, gave that up. So we'll be better in a few years. Paying up front 25% is not great, when you add all the other taxes of gas, groceries, household items, I probably don't want to know how much I pay each year.

 

[JSt0rm]

man. You only pay 25% upfront because of how you have your deductions set. Switch it and see where you are.

 

[ivwshane]

man. You only pay 25% upfront because of how you have your deductions set. Switch it and see where you are.

It doesn't look like he understands how taxes work.

 

[Ackmed]

I fully admit I am not the greatest at taxes. I do have a decent understanding, and he breaks everything down for us. He advised me to ratchet up my deductions so it won't be as bad at the end of the year. Which is what I just did, finally.

But hey, I start school in August for my MBA. Perhaps there is hope for me yet.

man. You only pay 25% upfront because of how you have your deductions set. Switch it and see where you are.

I told you that my tax form says 25% as well. I can't change it, I will pay higher more. I don't claim 5 dependents, I would pay next to no taxes each check, and pay far more at the end of the year. I already paid over 4k after paying in all year. Paying less taxes each week, will not help.

 

[JSt0rm]

lol. Your financials must be a wreck

 

[vi edit]

Mortgage will make a big difference, but you are in TN, correct? It won't be a huge difference. Your property taxes there are some of the lowest in the country. The biggest part will be your interest deduction. Your property taxes won't do much. That was one psuedo-silver lining on IL property taxes. You still got to claim them and it was crazy watching turbo tax go from red on the "owe" side to looking like a Vegas slot machine ringing up in the green when I punched in that $10,000 bill for IL property taxes.

Here in KY my taxes are down to around $6,000. It still makes a difference at tax time, but not as much as $11,000 in mortgage interest does. My wife and I also contribute to 401k's and dependent & medical care flex plans that bring down our taxable income. I'm one of those that prefers to underclaim my taxes during the year and get a return at the end. Interest rates are pathetic so it's not like that money is going to make much sitting in a bank account. We just take lump sum in April and pay off a car or put it down on the house.

 

[fskimospy]

Mortgage will make a big difference, but you are in TN, correct? It won't be a huge difference. Your property taxes there are some of the lowest in the country. The biggest part will be your interest deduction. Your property taxes won't do much. That was one psuedo-silver lining on IL property taxes. You still got to claim them and it was crazy watching turbo tax go from red on the "owe" side to looking like a Vegas slot machine ringing up in the green when I punched in that $10,000 bill for IL property taxes.

Here in KY my taxes are down to around $6,000. It still makes a difference at tax time, but not as much as $11,000 in mortgage interest does. My wife and I also contribute to 401k's and dependent & medical care flex plans that bring down our taxable income. I'm one of those that prefers to underclaim my taxes during the year and get a return at the end. Interest rates are pathetic so it's not like that money is going to make much sitting in a bank account. We just take lump sum in April and pay off a car or put it down on the house.

Yes, even though the mortgage interest deduction is terrible public policy that should be eliminated I do have to admit how great it is to see it decimate what I owe in income taxes.

 

[UNCjigga]

Where's the official FBI statement on this ongoing investigation (oh, are they not doing that anymore??)

 

[fskimospy]

Don't understand your point here. My household income was around $180k and my effective tax rate was 13%. That's with one mortgage, property taxes, 401k pre-tax deduction and day care bringing my AGI down. I still paid almost $24k in taxes. There's no magic deduction for me.

Am I cheating the system?

He seems to be saying that Sanders is a hypocrite for paying a low percentage in taxes while saying taxes should be higher on the rich. This argument makes no logical sense, but this is what he appears to be saying.

 

[Zorba]

Nope, I knew what he made. I remember when his taxes were released, when Maddow thought she had Trumps. He is a hypocrite, his wealth is far superior to mine, far above a million net worth. Had made much more than I did. Yet he paid much less. Claiming Trump needs to be investigated, yet his wife does not. That is being a hypocrite.



Because I don't take kindly to being called a liar when I am not. Looked up my last check weeks stub. For a 7 day period (Mon - Sun) I made IRS taxable, $3,267.55. Gross was a few hundred higher. FED Withholding $594.31. FED EE Social S, $210.20. FED EE Medicare $49.16. For a total of $853.67 of taxes for one week. You do the math. It'll be more now, because I just changed from married to married but held at higher. Because I had to pay $4,400 this last year in taxes. Because apparently I don't pay enough already.

You are adding in payroll taxes, which aren't included in Bernie's number. Also you need to calculate where you ended last year on your 1040 as federal income tax divided by total gross income. Calculating from pay stubs can give really inaccurate results.

I made about the same as Bernie, with one child, using standard deduction only and paid ~14%, I did nothing fancy to get there, except 401k, HSA and Daycare reimbursement (ie tax avoidance accounts, my 1040 is about as simple as they come).

If you made 200k a year, were married with literally zero deductions, no tax deferred accounts, no pre-tax withholding, your effective rate would be 20% based on the IRS tables in Pub 15.

BTW your federal taxable that you just posted imply you make about the same as Bernie too.

 

[Ackmed]

I've already said I am not posting my taxes. It clearly shows me in the 25% bracket, but barely. He has multiple houses and worth well over 1 million dollars. We're not in the same boat.

He is a hypocrite also for not wanting his wife investigated, while wanting all sorts of other investigations to the right when there is less "evidence".

There is nothing more for me to say on this.

 

[vi edit]

I've already said I am not posting my taxes. It clearly shows me in the 25% bracket, but barely. He has multiple houses and worth well over 1 million dollars. We're not in the same boat.

He is a hypocrite also for not wanting his wife investigated, while wanting all sorts of other investigations to the right when there is less "evidence".

There is nothing more for me to say on this.

You are focusing on this 1 million net worth like it's some elusive number. My parents are worth almost 3/4 million and they never made more than $80,000 a year. They've lived in the same house for almost 20 years. My Dad is a mason and did half the work himself and it's been paid off for 10 years. It's worth almost $400,000 in IL. They are incredible savers and my Mom squirreled money away for years into a 401k and Roths that are worth a couple hundred thousand at this point. My Dad drives a 20 year old Tahoe and my Mom paid in cash for her car.

In Bernie's case, he's 75 years old and could have bought into housing decades ago that have appreciated multiple times over. Same thing with investments. Rule of 72. Every 7-10 years his investments should be doubling. At 75 that's a lot of doubling vs somebody that is 30 or 40 years old. He has a senate salary of 170k. Pensions, ect. He can get by with his income without touching investments that continue to grow.

You are trying to assassinate a character that isn't..well..worth assassinating.

 

[Zorba]

I've already said I am not posting my taxes. It clearly shows me in the 25% bracket, but barely. He has multiple houses and worth well over 1 million dollars. We're not in the same boat.

He is a hypocrite also for not wanting his wife investigated, while wanting all sorts of other investigations to the right when there is less "evidence".

There is nothing more for me to say on this.

Your bracket isn't your effective rate. I am in the 28% bracket, but my effective rate is 14%. Maybe you should learn how taxes work before bashing how much other people pay.

Also wealth isn't taxed by income taxes. At this point you just sound jealous of his "wealth."

 

[fskimospy]

I've already said I am not posting my taxes. It clearly shows me in the 25% bracket, but barely. He has multiple houses and worth well over 1 million dollars. We're not in the same boat.

He is a hypocrite also for not wanting his wife investigated, while wanting all sorts of other investigations to the right when there is less "evidence".

There is nothing more for me to say on this.

Can you list the investigations to the right that he wants to conduct that have less evidence than the one into his wife?

 

[feralkid]

There is nothing more for me to say on this.

Prove it.

 

[FIVR]

All democratic or non-republican candidates will from now on be prosecuted to the fullest extent of the law for running against glorious God-Emperor Trump. So it was written, so it shall be.

 

[fleshconsumed]

You are focusing on this 1 million net worth like it's some elusive number. My parents are worth almost 3/4 million and they never made more than $80,000 a year. They've lived in the same house for almost 20 years. My Dad is a mason and did half the work himself and it's been paid off for 10 years. It's worth almost $400,000 in IL. They are incredible savers and my Mom squirreled money away for years into a 401k and Roths that are worth a couple hundred thousand at this point. My Dad drives a 20 year old Tahoe and my Mom paid in cash for her car.

In Bernie's case, he's 75 years old and could have bought into housing decades ago that have appreciated multiple times over. Same thing with investments. Rule of 72. Every 7-10 years his investments should be doubling. At 75 that's a lot of doubling vs somebody that is 30 or 40 years old. He has a senate salary of 170k. Pensions, ect. He can get by with his income without touching investments that continue to grow.

You are trying to assassinate a character that isn't..well..worth assassinating.

It is amusing how a guy making 180K a year has so little understanding of taxes, money, and compound interest.

And on top of that based on his post last page he's only putting away $12K a year into retirement and then whines about how small his net worth is compared to Bernie's. Sigh...

 

[BurnItDwn]

I think I have figured it out.
Ackmed doesn't like in the US. Ackmed lives in the netherlands or some other country where everybody pays a higher rate.

 

[JSt0rm]

Real men acknowledge when they are wrong. Ackmed? You need to apologize to the burn for being bad at math.

 

[Victorian Gray]

I've already said I am not posting my taxes. It clearly shows me in the 25% bracket, but barely. He has multiple houses and worth well over 1 million dollars. We're not in the same boat.

He is a hypocrite also for not wanting his wife investigated, while wanting all sorts of other investigations to the right when there is less "evidence".

There is nothing more for me to say on this.

At least until you get the next email with the newest talking points.

 

[OutHouse]

I think there was a sale at Slovenian Whores-R-US when Trump was in town.

A little harsh, yes. We are living in the age of Trump standards. He won, get over it.

ill take a Slovenian whore over a Arkansas whore anyday.

 

[ivwshane]

ill take a Slovenian whore over a Arkansas whore anyday.

I'm pretty sure you'll take whatever you can get, you are that disgusting that you don't have options.

 

[BurnItDwn]

If you're payin cash for it, you have options ...

 

[brycejones]

ill take a Slovenian whore over a Arkansas whore anyday.

Like you have a choice other than that poor sheep you keep tied up to the bed post.