I was stoked the day I crossed that threshold. I haven’t kept growing fast enough for that line to now be $150-$180.
Super comfy, buy a house, two vacations a year, and a comfy nest egg. Honestly as I type this I wonder what is the new “I make 6 figures” line?
How to end large companies owning rental properties. Now just stop them from being able to report it on the leases credit. Every rental house in America would be for sale next week.
A pretty insane landlord law just passed in Akron, Ohio yesterday:
- Can’t charge application fees
- If you run a background check and decide not to rent to someone with a criminal history it can be considered discriminatory (exception of sex crimes)
- Requires landlords to spread security deposits out over 3-6 months
Pretty wild
Ok. Been seeing this displayed in a negative light. You have to earn more to get taxed higher. The fact 10% is our starting point is the ridiculous point. Single & $52k shouldn’t be over 10%. Or we just go full anarchy.
THE IRS JUST RELEASED THE NEW 2027 🇺🇸 TAX BRACKETS. HERE'S HOW THEY WORK IN PLAIN ENGLISH
Every bracket got a little bigger to keep up with inflation, so you can earn a bit more before moving into a higher rate.
Step 1: Take what you earn and subtract the standard deduction. That part isn't taxed at all.
- Single: $16,600
- Married: $33,200
Step 2: Whatever's left gets taxed in layers.
Single filers:
- 10% on your first $12,800
- 12% on income up to $52,025
- 22% up to $109,125
- 24% up to $208,325
- 32% up to $264,550
- 35% up to $661,375
- 37% on anything above that
Married couples: the cutoffs are roughly double ($25,600, $104,050, $218,250, $416,650, $529,100, $793,650).
Example: You're single and earn $76,600. Subtract $16,600 and you're taxed on $60,000.
- 10% on the first $12,800 = $1,280
- 12% on the next $39,225 = $4,707
- 22% on the last $7,975 = $1,755
Total: about $7,742 in federal income tax, or roughly 10% of what you earned.
Even though you're "in" the 22% bracket, only your last $7,975 gets taxed at 22%.
Marvel fans. Are we confirmed ignoring Secret Wars? Was Fury never in space? Like none of that happened? Captain Marvel is just here and her origin story is kinda the same but not really?
Jordan retweeted
🇪🇸🔫 Anti-tourist protesters in Spain are spraying tourists with water guns while chanting: “Tourists go home!”
“You have so many relationships in this life
Only one or two will last
You go through all the pain and strife
Then you turn your back and they're gone so fast”
-Hanson