Your annual household income in USD poll

[shalab]

A check on how the board distribution is on income

[Jurgis]

Completely gross pre-tax pre-everything?

[shalab]

Everything is pre-tax as tax in different locations are different

 

Looks like we have a lot of one percenters on this board

 

[StubbleJumper]

My dick only measures 11"...flaccid, of course.

[Paarslaars]

Damnd thought it was post-tax.

 

Toward about 60k post-tax, which should be a little over 100k pre-tax.

well above average in my country, that would make me one of the poorest people here. :)

 

Putting that into perspective, here are the things I don't have to pay for (or only very little) in Belgium:

Car, gasoline, internet, cell-phone bill, health insurance, education, medical bills...

All either paid for by goverment or employer.

 

[scorpioncapital]

Actually everything is after tax. 80k @ 10% is almost the same as 150k @ 50%. You can make half as much and still end up with the same amount.

[Fowci]

Actually everything is after tax. 80k @ 10% is almost the same as 150k @ 50%. You can make half as much and still end up with the same amount.

 

Do you realise that marginal tax rates only apply to the income above the threshold?

[AzCactus]

It would be interesting to cross reference this with age as well. 

[TwoCitiesCapital]

It would be interesting to cross reference this with age as well.

 

And marital status since we're talking about household income.

 

 

[Packer16]

Does annual income include investment gains?

[shalab]

I would say investment income counts as it goes to line 33 of 1040

[Jurgis]

I would say investment income counts as it goes to line 33 of 1040

 

Not unrealized gains though. And not realized gains in tax advantaged accounts.

These would make overwhelming majority of my investment "income".

[Paarslaars]

I would say investment income counts as it goes to line 33 of 1040

 

Depending on the country.. here investment income is only taxed for dividends, not realized gains.

[rb]

I would say investment income counts as it goes to line 33 of 1040

 

Depending on the country.. here investment income is only taxed for dividends, not realized gains.

... And they call you socialists.

[John Hjorth]

I would say investment income counts as it goes to line 33 of 1040

 

Depending on the country.. here investment income is only taxed for dividends, not realized gains.

... And they call you socialists.

 

It was tax return 2016 deadline for us - when your tax return is not trivial - owning foreign stocks falls in that category - 2nd July. I was really puzzled when I saw the outcome. Adjusted for inflation, I think I have go back to the last years of my time at university to find such low taxes for me. We have taxes on realized gains, but I'm a net buyer, and so far, I have not sold much. I haven't been working in a normal job for almost two years now.

 

The Lady of the House is retiring finally at 1st August this year. Two years ago she went on a kind of temporary/reversible pension scheme called "Efterløn" [in Danish, in English translated to something like "After wage"].

 

I have presented to her just after I finished all the tax returns for the family a calculation, that documents, that she will not be subject to Danish income taxes payable on her Danish state pension [under the existing Danish tax regime, that is] for many years, perhaps I can defer those taxes directly into her estate to come some day.

 

She is still asking questions about it, because she does not still fully understand it. I can hear, that she thinks it is just soo sick, that because you have cash to continue to build deferred taxes in retirement, so that she is not contributing - on running basis - to the nations common household. Then I try to divert her thoughts into another line of thinking, by suggesting that she could think about how smart I am instead. Then she walks away from me, telling me I'm a "hopeless specimen of male gender of Homo Sapiens - totally lost, absolutely no hope for me, a hopeless case.".

 

Also I, like rb, have noted, that some fellow board members have used the term "socialist" in connection with some European states.

[rukawa]

Car, gasoline, internet, cell-phone bill, health insurance, education, medical bills...

All either paid for by goverment or employer.

 

Your employer pays for your gasoline, internet, cell-phone bill and car?