How much is $3200 to you?

Jump to Last Post 1-2 of 2 discussions (9 posts)
  1. profile image0
    JaxsonRaineposted 11 years ago

    About 70 million households pay federal income tax every year. Federal income tax is used, in part, to pay interest on our debt.

    Last year, interest on our debt was $224 billion. That means, for the 50% of households who are actually paying federal income tax, an average of $3200 of each of those households' tax dollars went toward paying interest on our debt.

    Did you pay net federal income taxes, or did you get a net refund? If you paid, how do you feel about so much of your money being spent on interest?

    1. wilderness profile image93
      wildernessposted 11 years agoin reply to this

      I just finished my taxes.  After paying all year I find I sill owe $1600.

      If you want a lifestyle beyond your means and are willing to borrow to support it then you must be willing to pay the interest.  I just surely wish a little of that borrowed principle had come to me rather than me paying interest so somebody else can live beyond their means.

      1. profile image0
        JaxsonRaineposted 11 years agoin reply to this

        Don't worry, we learned our lesson. Since we have been spending $1000 Billion more than we have every year, we have decided to be responsible and only spend $920 Billion more than we have every year. Problem solved.

        It's ridiculous, and it's theft. NOBODY would support the government taking their paycheck to pay the credit card bill of their neighbor, but that's actually what is happening.

        1. wilderness profile image93
          wildernessposted 11 years agoin reply to this

          Of course it's what's happening.  Unfortunately the neighbor loves it, wants more, and there's a lot of neighbors voting.

  2. Zelkiiro profile image87
    Zelkiiroposted 11 years ago

    $3200 is what I would've made in 4 months if I were still working at Walmart.

    1. profile image0
      JaxsonRaineposted 11 years agoin reply to this

      You worked 2.6 hour days at minimum wage?

      1. Zelkiiro profile image87
        Zelkiiroposted 11 years agoin reply to this

        I got roughly $400 per check (totaled bi-weekly) for ~33 hours of work per week.

        After taxes, of course.

        1. profile image0
          JaxsonRaineposted 11 years agoin reply to this

          Ah, sorry, I'm tired and thought you said 8 months.

          You probably wouldn't like it if the government took 4 months of your money to pay its credit card payment, would you?

          1. Zelkiiro profile image87
            Zelkiiroposted 11 years agoin reply to this

            Joke's on them; I only have $600 left to my name, and zero income!

            WHERE IS YOUR GOD NOW, GOVERNMENT?!

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)