[Esteban]

Originally Posted by Sedan_Clan

Prepped surface. Looks like the racers will be out tonight or within the next couple of days.

Where is this?

[Sedan_Clan]

Originally Posted by Esteban

Where is this?

Ohhhhh! Coming out to race ehhhh?!?

[Esteban]

Originally Posted by Sedan_Clan

Ohhhhh! Coming out to race ehhhh?!?

Oh no, not me. I've given that up long ago.

Curious as to where that is. As you know I'm from L.A. and assume that is somewhere there.

Got your PM.

[paquet]

Originally Posted by F30lolz

Everyone on here: I’ll outrun a patrol car.

Sedan_Clan: hold my handcuffs.

i have a few illegal thoughts (about out-running patrol cars, not cuffs, that's legal)
but, you can't outrun a radio...

[paquet]

Originally Posted by Sedan_Clan

Prepped surface. Looks like the racers will be out tonight or within the next couple of days.

serious question (never even set foot in California...) - why do they do this?
for traction on launch? seems to be a waste of rubber

[Sedan_Clan]

Originally Posted by packet

i have a few illegal thoughts (about out-running patrol cars, not cuffs, that's legal)
but, you can't outrun a radio...

The bird is difficult to outrun as well, but it surprises me when it occasionally happens. I am impressed with criminal moxie at times.

[Sedan_Clan]

Originally Posted by packet

serious question (never even set foot in California...) - why do they do this?
for traction on launch? seems to be a waste of rubber

They do this to improve grip at launch. Many of the people who attend illegal street races trailer cars equipped with full drag slicks.

[Sedan_Clan]

I'm just venting, but….

…it is annoying how I can gross $12k in a two week pay period and the government takes half. Taxation is a racket. Sometimes I think it pays more to make less money. I'm already diverting the maximum into my deferred compensation and even with that considered I get no break during tax season. How are you guys/gals navigating the tax space?

[paquet]

No idea of how salaried works in the US, chief.

Assuming you can't be incorporated / have a corp shelter of some sort?

[Sedan_Clan]

Originally Posted by packet

No idea of how salaried works in the US, chief.

Assuming you can't be incorporated / have a corp shelter of some sort?

I don't know enough about that stuff to even know where to begin.

[Watching The World Burn]

Originally Posted by Sedan_Clan

I don't know enough about that stuff to even know where to begin.

Not American but don't think you could do that and still collect a pension since a corp is a separate legal entity. But as packet says - that's what my wife and I do - we each have our own corps and if Justin Trudeau makes it beneficial to be poor one year then that's what we are that year by declaring a low salary from our corps.

[paquet]

Trudeau ... *spit*

Some places don't let you be shielded behind a corporation - so though you have more options for corps in the US like an S corp, I don't know if you'd be able to.

Guessing you already doing the basic 401k (+ matching if offered)...

If I were you, Sedan_Clan, I'd hit up a good, recommended accountant / tax advisor to plan Cali specific stuff for now

[Sedan_Clan]

Originally Posted by packet

Trudeau ... *spit*

Some places don't let you be shielded behind a corporation - so though you have more options for corps in the US like an S corp, I don't know if you'd be able to.

Guessing you already doing the basic 401k (+ matching if offered)...

If I were you, Sedan_Clan, I'd hit up a good, recommended accountant / tax advisor to plan Cali specific stuff for now

We have pensions and deferred compensation programs to supplement. About 14% per paycheck goes into the pension plan and I put another +/- 10% into my deferred compensation.

[ezaircon4jc]

Originally Posted by Sedan_Clan

I'm just venting, but….

…it is annoying how I can gross $12k in a two week pay period and the government takes half. Taxation is a racket. Sometimes I think it pays more to make less money. I'm already diverting the maximum into my deferred compensation and even with that considered I get no break during tax season. How are you guys/gals navigating the tax space?

I learned many moons ago that it doesn't matter how much one makes, it matters how much one keeps! I would try and bug-out after about 5 hours on a holiday as anything over that was essentially working for free; the taxes took that much! I just heard that of the person who wins this $1B+ mega lotto jackpot will net ~$335M after taxes. Why does the gummint feel they are entitled to about 2/3rds of the winnings?

A famous talk show host once said that if we Americans had to write a quarterly check instead of having taxes deducted, taxes wouldn't be near as high as they are!

And... STAY SAFE OUT THERE!!!!!!!!!

[paquet]

Understood - that's all salaried stuff as taxable benefit / non-taxable benefit (as much as i know)

The accountant / tax planner is the way to go, amigo

[Dino GT]

Originally Posted by Sedan_Clan

I'm just venting, but….

…it is annoying how I can gross $12k in a two week pay period and the government takes half. Taxation is a racket. Sometimes I think it pays more to make less money. I'm already diverting the maximum into my deferred compensation and even with that considered I get no break during tax season. How are you guys/gals navigating the tax space?

Move to Canada Ontario and those 12k turn into 4k

[ezaircon4jc]

Originally Posted by packet

i have a few illegal thoughts (about out-running patrol cars, not cuffs, that's legal)
but, you can't outrun a radio...

Originally Posted by Sedan_Clan

The bird is difficult to outrun as well, but it surprises me when it occasionally happens. I am impressed with criminal moxie at times.

Need I say more...

[Sedan_Clan]

Originally Posted by ezaircon4jc

I learned many moons ago that it doesn't matter how much one makes, it matters how much one keeps! I would try and bug-out after about 5 hours on a holiday as anything over that was essentially working for free; the taxes took that much! I just heard that of the person who wins this $1B+ mega lotto jackpot will net ~$335M after taxes. Why does the gummint feel they are entitled to about 2/3rds of the winnings?

A famous talk show host once said that if we Americans had to write a quarterly check instead of having taxes deducted, taxes wouldn't be near as high as they are!

And... STAY SAFE OUT THERE!!!!!!!!!

Now THAT is crazy! I would've expected the greedy government to withhold 1/3rd……….but 2/3rd?!? Jesus H.!!!!

I do agree that there's a break point where it doesn't pay to work any additional hours. It seems like five O.T. spots per paycheck is the balance point.

I'm trying to hide today. lol! I'm tired as hell today.

Originally Posted by packet

Understood - that's all salaried stuff as taxable benefit / non-taxable benefit (as much as i know)

The accountant / tax planner is the way to go, amigo

I definitely need to find a really good accountant.

Originally Posted by Dino GT

Move to Canada Ontario and those 12k turn into 4k

Damn! I would faint.

[Murf the Surf]

Originally Posted by Sedan_Clan

Now THAT is crazy! I would've expected the greedy government to withhold 1/3rd……….but 2/3rd?!? Jesus H.!!!!

I do agree that there's a break point where it doesn't pay to work any additional hours. It seems like five O.T. spots per paycheck is the balance point.

I'm trying to hide today. lol! I'm tired as hell today.



I definitely need to find a really good accountant.






Damn! I would faint.

I love the fuckin' government and the government loves fuckin' me.

[Sedan_Clan]

Originally Posted by Murf the Surf

I love the fuckin' government and the government loves fuckin' me.

Only, they don't use any lube.

[paquet]

Sedan_Clan try these guys https://www.facebook.com/pg/Carpe-Gr...8067/services/

Friends in the US swear by them

[Sedan_Clan]

Originally Posted by packet

Sedan_Clan try these guys https://www.facebook.com/pg/Carpe-Gr...8067/services/

Friends in the US swear by them

Their bio alone is a selling point. I'm all about that gray area.