View Poll Results: Which bike?
Bianchi Vigorelli
11
47.83%
Masi Speciale
8
34.78%
Jamis Quest
4
17.39%
Voters: 23. You may not vote on this poll
How should I spend my tax return money?
01-25-09, 09:53 AM
#1
Monkey in Training
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How should I spend my tax return money?
https://www.jamisbikes.com/usa/thebik.../09_quest.html
https://www.masibikes.com/tab3_subNav3.php
https://www.jamisbikes.com/usa/thebik.../09_quest.html
Last edited by mooxster; 01-25-09 at 09:59 AM.
01-25-09, 10:24 AM
#2
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If you can buy a bike with your tax return, your employer is taking too much tax out of your paychecks. Why give Uncle Sam an interest free loan.
01-25-09, 11:57 AM
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I'd choose the one you like. If that advise doesn't work, I'd go with the yellow one.
01-25-09, 04:57 PM
#9
pan y agua
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Personally, I still prefer not to throw $160 away even if "its next to nothing".
More importantly over 20 years or so, that $2,000 plus the $160, repeated each year, becomes several hundred thousand dollars.
A major reason that there is not more resistence to income taxes in this country is that the Government sets the default witholding for most folks artificially high, guaranteeing refunds, and people ignorantly are happy when they get their refund, when all they are getting is their own money which has been witheld from them.
The Government is conning you with your own money.
__________________
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
Last edited by merlinextraligh; 01-25-09 at 05:00 PM.
01-25-09, 05:13 PM
#12
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Have it automatically put in an investment account, same "forced savings" as having it withheld. Assuming an 8% return (realistic for a diversified portfolio over time) and its $160 a year.
Personally, I still prefer not to throw $160 away even if "its next to nothing".
More importantly over 20 years or so, that $2,000 plus the $160, repeated each year, becomes several hundred thousand dollars.
A major reason that there is not more resistence to income taxes in this country is that the Government sets the default witholding for most folks artificially high, guaranteeing refunds, and people ignorantly are happy when they get their refund, when all they are getting is their own money which has been witheld from them.
The Government is conning you with your own money.
Personally, I still prefer not to throw $160 away even if "its next to nothing".
More importantly over 20 years or so, that $2,000 plus the $160, repeated each year, becomes several hundred thousand dollars.
A major reason that there is not more resistence to income taxes in this country is that the Government sets the default witholding for most folks artificially high, guaranteeing refunds, and people ignorantly are happy when they get their refund, when all they are getting is their own money which has been witheld from them.
The Government is conning you with your own money.
I agree with your argument, but would also point out that resistance (note correct spelling of "resistance") to taxes may also come from two other facts: taxes in the US are low compared to most other industrialized countries and compared to our government's spending. (And before you tell me that gov't should just "cut spending," tell me where they will be able to cut $400 billion each year. Reagan found out it ain't that easy.)
01-25-09, 05:16 PM
#13
pan y agua
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And to think when you posted No 11, I thought I was amazingly going to be agreeing with you in this thread.
__________________
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
01-25-09, 05:25 PM
#14
anything but last
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you guy's didnt hear? there are no tax returns this year, the Uncle Sam is in need of a bailout too.
01-25-09, 07:58 PM
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You can agree with one and not the other, merlin. 
We're shovelling almost 1/2 our monthly income into the market these days. No way would I make any non-essential purchases right now. A new $4000 bike today could be costing me $40,000 when I retire.
We're shovelling almost 1/2 our monthly income into the market these days. No way would I make any non-essential purchases right now. A new $4000 bike today could be costing me $40,000 when I retire.
01-25-09, 08:19 PM
#17
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Have it automatically put in an investment account, same "forced savings" as having it withheld. Assuming an 8% return (realistic for a diversified portfolio over time) and its $160 a year.
Personally, I still prefer not to throw $160 away even if "its next to nothing".
More importantly over 20 years or so, that $2,000 plus the $160, repeated each year, becomes several hundred thousand dollars.
A major reason that there is not more resistence to income taxes in this country is that the Government sets the default witholding for most folks artificially high, guaranteeing refunds, and people ignorantly are happy when they get their refund, when all they are getting is their own money which has been witheld from them.
The Government is conning you with your own money.
Personally, I still prefer not to throw $160 away even if "its next to nothing".
More importantly over 20 years or so, that $2,000 plus the $160, repeated each year, becomes several hundred thousand dollars.
A major reason that there is not more resistence to income taxes in this country is that the Government sets the default witholding for most folks artificially high, guaranteeing refunds, and people ignorantly are happy when they get their refund, when all they are getting is their own money which has been witheld from them.
The Government is conning you with your own money.
second, be realistic.
1) show me an account that will pay you 8% interest.
2) he doesn't have his income tax for 20 years, it's for ONE year so nothing is compounded.
01-25-09, 08:21 PM
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oh, and on the flip side, I DO agree that spending money on a bike right now (unless you're independantly wealthy) would not be the best choice of what to do with your tax return.
01-25-09, 08:39 PM
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seriously
cut 400 billion (400,000,000,000) and wed still be spending more on "defense" than all of europe combined.
and buy the bianchi.
01-25-09, 09:20 PM
#21
pan y agua
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2) if you want ultra conservative guaranteed returns, a savings account at Dollar Savings Bank pays 4% today FDIC insured, so its still 80 bucks; more than I'm willing to just throw away.
3) what fun would BF be if you stayed on topic?
__________________
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
01-25-09, 09:23 PM
#22
pan y agua
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Jan 09 Start date.
This happens every year. The thread always goes the same way.
If you want advice on which bike to buy, ask.
If you want financial planning on tax witholding, laced with political discourse, ask how to spend your tax return.
99.9% of the time when people complain about not getting the answer they want, it is because of the manner in which they phrased the question.
This happens every year. The thread always goes the same way.
If you want advice on which bike to buy, ask.
If you want financial planning on tax witholding, laced with political discourse, ask how to spend your tax return.
99.9% of the time when people complain about not getting the answer they want, it is because of the manner in which they phrased the question.
__________________
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
You could fall off a cliff and die.
You could get lost and die.
You could hit a tree and die.
OR YOU COULD STAY HOME AND FALL OFF THE COUCH AND DIE.
Last edited by merlinextraligh; 01-25-09 at 10:13 PM. Reason: typo
