I won't pick low hanging fruit.

Sometimes at night, after coming home from the bar, I might pee on them. Maybe it's the pee that is fertilizing the soil.

I better not eat the garlic, since it is soaked in pee.

 

Well ———- definitely is Garlic , not so sure red pepper seed will grow but I’ve seen some of the weirdest things sprout up in the damdest places , those types of seeds are usually freeze dried with no chance to sow , meaning after the drying process they are dead internally , dried up inside out , but still produce the hot from the skin, could be a chance a few get by and will sow . Nurture it and see what it becomes , post it on pics or it didn’t happen ,lol

 

It's a patch of dirt along a city sidewalk. I have already done my part. Now, fate, destiny, nature, and bad juju will do their jobs.


I am just wondering if I should harvest for food. Every drunk in the neighborhood, and every effeminate person's small dog pee there. Although it's probably the pee which is enriching the soil, like plant superfood.

 

It might be more Chihuahua poop more than pee that is fertilizing. Maybe it's just not a good idea to harvest food from sidewalk planters?

 

I have myself, "is eating dog pee & poop, worth saving fifty cents?" A single garlic is about $0.50. A single pepper is worth $0.50.

 

Happy Monday all.

Jim

 

Likewise! And THIS Monday is our happy (or not so happy) tax day.

Not happy for me, as my tax bill increased by 400(+)% from last year (I am not joking). All I have to say is Tax cut my ***!

 

Who is your accountant? You may want to shop for a new tax guy. Or you will end up like me; eating sidewalk produce grown from dog pee!

 

It wasn't his fault. It was purely the new tax law, plus we started drawing from our IRAs last year. Both of those things increased our liability. We actually doubled our withholding, but we should have quadrupled it. The total tax we paid is truly stunning.

BTW - Our CA (FTB) tax actually went down a little bit.

Another piece of information is that we (my SO and I) paid more in federal income tax than Amazon, IBM, Netflix, Gannet, Activision, Pitney Bowes, JetBlue, Prudential, and Duke Energy... combined.

Something smells.

 

How is that possible?

Jim

 

Pre-Tax withholdings for retirement accounts are a deferral. When you begin to withdraw, you owe taxes. Which is why Roth IRA became so popular.

Tax laws are complicated. But the reason that he paid more in tax than Amazon, is because Amazon paid $ZERO. We all paid more than Amazon. Even when you get a refund, you paid tax.

"Amazon’s low tax bill mainly stemmed from the Republican tax cuts of 2017, carryforward losses from years when the company was not profitable, tax credits for massive investments in R&D and stock-based employee compensation."

Amazon paid $177 million in income taxes in 2014, $273 million in 2015, and $412 million in 2016.

Taxes are simple. Let's say there is a dollar. I give it to you. You give it to GlueGuy. He gives it to Amazon. The government wants a couple of cents from that dollar, every time it changes hands. At Amazon, the government allowed Amazon to invest into R&D, and give the money back to employees, instead of paying the tax. That money goes back into the economy, and the dollar keeps changing hands, so that the government could tax a few cents more every time it changes hands. Amazon employees had to pay taxes on their compensation. R&D created new jobs, which meant more people getting paid, who have to pay income tax - at that point, the government got their share of the money back. So instead of the money sitting in Amazon's off-shore tax evasion accounts - it went back to the US economy. More jobs to Make America Great Again.

Another change was in the withholding schedule for payroll taxes. The withholdings went down for most people. Theory is that you have more of a net paycheck, which puts more money into the economy for circulation. You either spend the money on goods & services; retail spending trickles down to more employment, and the government taxes the payroll on those new jobs. Or you save the money; which puts it into the bank's hands, and it is then lent by the bank for someone else to spend on a home, a car, a student loan......which creates more jobs for the government to tax. For a lot of people, they got a smaller refund. For some people, they ended up owing at the end of the year, because not enough money was withheld from their paychecks.

It did not Make America Great Again for GlueGuy.

I'm eating produce farmed in sidewalk planters; grown from dog pee & poop. GlueGuy might have to join me.

 

At least you had all that income, to owe taxes on, right? If you didn't make a million dollars, you wouldn't owe the government $300,000.

I wish I could owe tax money. That would mean that I made enough to owe taxes. There are probably a lot of people, who pay more in taxes, than I made in year.

Although if I were rich, I would probably still drive a pickup truck.

 

New tax laws really helped my corporate tax rate. A LOT!

 

Actually, we didn't have all that much "income" last year. Maybe about $20K. Most of it was IRA withdrawals that we did pre-pay (or tried to prepay) federal and state income tax on. Our percent tax relative to all previous years went way up because of the change in the SALT rules.

 

I have not paid taxes since 2014, so the tax laws have no impact on me. Disability checks are not taxed. Thanks for the explanation, makes a lot more sense now.

Jim