Gov shut down
- Thread starter smokinafatty
- Start date
which, by the way, the republicans want to LOWER even though compared to
For Dan Klock, paying his workers more than minimum wage is a no-brainer.
The chief executive of Bridgetown Natural Foods, in Portland, Oregon, Klock thinks it's critical to pay workers a living wage, and provide them with benefits like health care, dental care, and a 401(k).
Not only are his 200 workers likely to stick around longer, he says, they're more productive, and they do a better job, which is important to Klock, whose company provides high-end all-natural food to some of the biggest organic retailers in the country. His employees also have more money to spend, on things like the goods he creates.
"At the end of the day, the people who work here should be able to buy the products we produce," Klock says, echoing one of America's most famed entrepreneurs, Henry Ford.
In his ambitious second term agenda, announced during his State of the Union Address on Tuesday, President Obama raised a proposal that made small business owners sit up and take notice: an increase in the minimum wage to $9 from its current $7.25. Nineteen states, including Oregon, already provide a higher minimum wage than the federal minimum.
It's a contentious issue which divides small business owners and advocates--not to mention economists. The data is mixed. For every report that proclaims the negative impacts of a proposed minimum wage increase, another exists showing its benefits. While business owners may, understandably, have a knee-jerk reaction against having to pay more for labor, some who take a longer view may see benefits for their businesses.http://www.inc.com/jeremy-quittner/weighing-an-increase-minimum-wage.html
UncleBuck
Well-Known Member
yeah, that's why i grew 20+ pounds in my backyard this year
i suspect you are literally mentally retarded.
Ringsixty
Well-Known Member
yeah, that's why i grew 20+ pounds in my backyard this year
i suspect you are literally mentally retarded.
Wow 20 + pounds Cool. Did you happen to give Uncle Sam his cut of your revenues?
UncleBuck
Well-Known Member
every penny as required by law.
Dr Kynes
Well-Known Member
UncleBuck
Well-Known Member
now you're comparing someone who grows cannabis in his backyard to al capone?
"That's what I said too!"
~Al Capone
right wingers are so fucking stupid.
ORS 475.300-475.346 is what you are looking for, please inform me about how i am al capone.
Dr Kynes
Well-Known Member
Al Capone wasnt busted for failing to pay Oregon state excise taxes, he was busted for failing to pay FEDERAL income taxes, which are for "All Income regardless of the source from which it is derived"
failing to pay federal income taxes on your income from illegal activity is grounds for federal prosecution.
even pimping, fraud schemes and murder for hire are sources of "income" and thus subject to the tax.
the only exception is for "hobbies" which generally require that the tax free "income" be under a very specific % of your gross income, which changes from year to year, last time i checked the cutoff between "hobby" and "Industry" was at 10% of your annual income.
um, what category does offshore investments fall under?
Sunbiz1
Well-Known Member
You talk too much, and listen little.
In fact, I just don't fucking like you...arrogant bitch.
Dr Kynes
Well-Known Member
TAXABLE!
curiously, even income derived in a foreign land, by an american citizen who lives in that foreign land are still taxable too.
if, for example, you moved to sweden and got a job at a coffee shop, you would have to pay US Federal Income Taxes on your swedish paycheck.
your money doesnt even have to approach US shores to be taxable.
the US is the ONLY nation to require this, so yep, we are No. 1!!
Edit: and your tips too...
Dr Kynes
Well-Known Member
UncleBuck
Well-Known Member
Dr Kynes
Well-Known Member
you cited an oregon state law, which has no bearing on the Federal income Tax or the IRS who will be the ones who come for you if you are caught.
begin stretching your anus now, and your time in prison will be less uncomfortable.
also, if you think that was a "hissy fit" or a "diatribe" then you are even dumber than previously suspected.
UncleBuck
Well-Known Member
still waiting on you to produce any mention of "income", "taxation" or anything else remotely similar.
edit: also, the local police force, who know that i grow, just took part in a 15 residence bust in my immediate area. they took down 32 growers, 2600 plants, $80k cash, and 34 pounds of weed. for some reason, they left me alone.
so like desert rat, you can keep wishing federal prison on growers like me. but do yourself a favor and shit in one hand while you wish into the other and tell me which fills up first.
If you sold it for money you owe federal income tax on the money.
UncleBuck
Well-Known Member
tell me what ORS 475 says about that, kiddo.
Dr Kynes
Well-Known Member
http://www.law.cornell.edu/uscode/text/26/1
(a) Married individuals filing joint returns and surviving spouses There is hereby imposed on the taxable income of—
(1) every married individual (as defined in section 7703) who makes a single return jointly with his spouse under section 6013, and
(2) every surviving spouse (as defined in section 2 (a)), a tax determined in accordance with the following table:
| If taxable income is: | The tax is: |
|---|---|
| | |
| Not over $36,900 | 15% of taxable income. |
| Over $36,900 but not over $89,150 | $5,535, plus 28% of the excess over $36,900. |
| Over $89,150 but not over $140,000 | $20,165, plus 31% of the excess over $89,150. |
| Over $140,000 but not over $250,000 | $35,928.50, plus 36% of the excess over $140,000. |
| Over $250,000 | $75,528.50, plus 39.6% of the excess over $250,000. |
(b) Heads of households There is hereby imposed on the taxable income of every head of a household (as defined in section 2 (b)) a tax determined in accordance with the following table:
| If taxable income is: | The tax is: |
|---|---|
| | |
| Not over $29,600 | 15% of taxable income. |
| Over $29,600 but not over $76,400 | $4,440, plus 28% of the excess over $29,600. |
| Over $76,400 but not over $127,500 | $17,544, plus 31% of the excess over $76,400. |
| Over $127,500 but not over $250,000 | $33,385, plus 36% of the excess over $127,500. |
| Over $250,000 | $77,485, plus 39.6% of the excess over $250,000. |
(c) Unmarried individuals (other than surviving spouses and heads of households) There is hereby imposed on the taxable income of every individual (other than a surviving spouse as defined in section 2 (a) or the head of a household as defined in section 2 (b)) who is not a married individual (as defined in section 7703) a tax determined in accordance with the following table:
| If taxable income is: | The tax is: |
|---|---|
| | |
| Not over $22,100 | 15% of taxable income. |
| Over $22,100 but not over $53,500 | $3,315, plus 28% of the excess over $22,100. |
| Over $53,500 but not over $115,000 | $12,107, plus 31% of the excess over $53,500. |
| Over $115,000 but not over $250,000 | $31,172, plus 36% of the excess over $115,000. |
| Over $250,000 | $79,772, plus 39.6% of the excess over $250,000. |
(d) Married individuals filing separate returns There is hereby imposed on the taxable income of every married individual (as defined in section 7703) who does not make a single return jointly with his spouse under section 6013, a tax determined in accordance with the following table:
| If taxable income is: | The tax is: |
|---|---|
| | |
| Not over $18,450 | 15% of taxable income. |
| Over $18,450 but not over $44,575 | $2,767.50, plus 28% of the excess over $18,450. |
| Over $44,575 but not over $70,000 | $10,082.50, plus 31% of the excess over $44,575. |
| Over $70,000 but not over $125,000 | $17,964.25, plus 36% of the excess over $70,000. |
| Over $125,000 | $37,764.25, plus 39.6% of the excess over $125,000. |
http://www.law.cornell.edu/uscode/text/26/61
(a) General definition Except as otherwise provided in this subtitle, gross income means all income from whatever source derived, including (but not limited to) the following items:
(1) Compensation for services, including fees, commissions, fringe benefits, and similar items;
(2) Gross income derived from business;
(3) Gains derived from dealings in property;
(4) Interest;
(5) Rents;
(6) Royalties;
(7) Dividends;
(
Alimony and separate maintenance payments; (9) Annuities;
(10) Income from life insurance and endowment contracts;
(11) Pensions;
(12) Income from discharge of indebtedness;
(13) Distributive share of partnership gross income;
(14) Income in respect of a decedent; and
(15) Income from an interest in an estate or trust.
(b) Cross references For items specifically included in gross income, see part II (sec. 71 and following). For items specifically excluded from gross income, see part III (sec. 101 and following).
TLDR is not a sufficient defense in court, ESPECIALLY not tax court.
and no i do not wish you imprisoned for growing dope, or for not paying your taxes on said dope.
i do the same but on a scale well within the confines of "Personal Use" and the "Income From a Hobby" exemption. hell i felt as confident as you seem to be, i could even deduct some of the expenses of my hobby... but i aint dumb...
Dr Kynes
Well-Known Member
http://www.law.cornell.edu/uscode/text/26/1
(a) Married individuals filing joint returns and surviving spouses There is hereby imposed on the taxable income of
(1) every married individual (as defined in section 7703) who makes a single return jointly with his spouse under section 6013, and
(2) every surviving spouse (as defined in section 2 (a)), a tax determined in accordance with the following table:
| If taxable income is: | The tax is: |
|---|---|
| | |
| Not over $36,900 | 15% of taxable income. |
| Over $36,900 but not over $89,150 | $5,535, plus 28% of the excess over $36,900. |
| Over $89,150 but not over $140,000 | $20,165, plus 31% of the excess over $89,150. |
| Over $140,000 but not over $250,000 | $35,928.50, plus 36% of the excess over $140,000. |
| Over $250,000 | $75,528.50, plus 39.6% of the excess over $250,000. |
(b) Heads of households There is hereby imposed on the taxable income of every head of a household (as defined in section 2 (b)) a tax determined in accordance with the following table:
| If taxable income is: | The tax is: |
|---|---|
| | |
| Not over $29,600 | 15% of taxable income. |
| Over $29,600 but not over $76,400 | $4,440, plus 28% of the excess over $29,600. |
| Over $76,400 but not over $127,500 | $17,544, plus 31% of the excess over $76,400. |
| Over $127,500 but not over $250,000 | $33,385, plus 36% of the excess over $127,500. |
| Over $250,000 | $77,485, plus 39.6% of the excess over $250,000. |
(c) Unmarried individuals (other than surviving spouses and heads of households) There is hereby imposed on the taxable income of every individual (other than a surviving spouse as defined in section 2 (a) or the head of a household as defined in section 2 (b)) who is not a married individual (as defined in section 7703) a tax determined in accordance with the following table:
| If taxable income is: | The tax is: |
|---|---|
| | |
| Not over $22,100 | 15% of taxable income. |
| Over $22,100 but not over $53,500 | $3,315, plus 28% of the excess over $22,100. |
| Over $53,500 but not over $115,000 | $12,107, plus 31% of the excess over $53,500. |
| Over $115,000 but not over $250,000 | $31,172, plus 36% of the excess over $115,000. |
| Over $250,000 | $79,772, plus 39.6% of the excess over $250,000. |
(d) Married individuals filing separate returns There is hereby imposed on the taxable income of every married individual (as defined in section 7703) who does not make a single return jointly with his spouse under section 6013, a tax determined in accordance with the following table:
| If taxable income is: | The tax is: |
|---|---|
| | |
| Not over $18,450 | 15% of taxable income. |
| Over $18,450 but not over $44,575 | $2,767.50, plus 28% of the excess over $18,450. |
| Over $44,575 but not over $70,000 | $10,082.50, plus 31% of the excess over $44,575. |
| Over $70,000 but not over $125,000 | $17,964.25, plus 36% of the excess over $70,000. |
| Over $125,000 | $37,764.25, plus 39.6% of the excess over $125,000. |
http://www.law.cornell.edu/uscode/text/26/61
(a) General definition Except as otherwise provided in this subtitle, gross income means all income from whatever source derived, including (but not limited to) the following items:
(1) Compensation for services, including fees, commissions, fringe benefits, and similar items;
(2) Gross income derived from business;
(3) Gains derived from dealings in property;
(4) Interest;
(5) Rents;
(6) Royalties;
(7) Dividends;
(
Alimony and separate maintenance payments; (9) Annuities;
(10) Income from life insurance and endowment contracts;
(11) Pensions;
(12) Income from discharge of indebtedness;
(13) Distributive share of partnership gross income;
(14) Income in respect of a decedent; and
(15) Income from an interest in an estate or trust.
(b) Cross references For items specifically included in gross income, see part II (sec. 71 and following). For items specifically excluded from gross income, see part III (sec. 101 and following).
TLDR is not a sufficient defense in court, ESPECIALLY not tax court.
and no i do not wish you imprisoned for growing dope, or for not paying your taxes on said dope.
i do the same but on a scale well within the confines of "Personal Use" and the "Income From a Hobby" exemption. hell i felt as confident as you seem to be, i could even deduct some of the expenses of my hobby... but i aint dumb...
What do you think it says...? I searched the word "tax" and got one result that was totally irrelevant.