this post was submitted on 15 May 2024
316 points (89.3% liked)

World News

38500 readers
2748 users here now

A community for discussing events around the World

Rules:

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

The Biden administration has told key lawmakers it is sending a new package of more than $1 billion in arms and ammunition to Israel, three congressional aides said Tuesday.

It’s the first arms shipment to Israel to be announced by the administration since it put another arms transfer — consisting of 3,500 bombs — on hold this month. The administration has said it paused that earlier transfer to keep Israel from using the bombs in its growing offensive in the crowded southern Gaza city of Rafah.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 3 months ago

$126,500 per person, plus another $20,240 in housing expenses. Plus your $13,850 standard deduction (though if you're making that much you're probably itemizing for more). So $160,590 for an individual or $321,180 for married filing jointly. That's assuming no kids and no other deductions or credits - which is pretty unlikely at that income level.

$160,590 is the 93rd percentile for US income distribution. So yeah, if you (AND your partner, if any) are both in the top 7% income bracket, bad at tax preparation, and don't hire an accountant, you might still pay tax on the income over that amount. Of course, making that much while keeping the kind of ethics that let you care about anyone other than yourself is a nontrivial endeavor.

Don't forget that your foreign employer won't be reporting to the IRS. So if your protest extends to not voluntarily reporting that excess income ...