The average American earns 22,000 dollars a year, how much do you make? [Archive]

basschick

03-04-2002, 08:19 AM

regarding "The average American earns 22,000 dollars a year" - where did you get that figure? it's sad but $22,000 is now officially below poverty level if you have any dependants. you should pay about 1/3-1/4 of your income in taxes, but then there are all those handy deductions like your content, your server bills, etc. most webmaster i know are paying about 1/8-1/12

desipapa

03-04-2002, 08:29 AM

what you think people will declare their actual yearly income , NO WAY MAN no one will do it. <img border="0" title="" alt="[Big Grin]" src="biggrin.gif" />

geoff

03-04-2002, 08:38 AM

shit how do you guys make the big bucks? last year I made $2.20, but had to pay $2 in tax .. so I'm pretty pissed right now! <img border="0" title="" alt="[Big Grin]" src="biggrin.gif" />

basschick

03-04-2002, 08:41 AM

desipapa, most people get paid by check from one company - they're employees - and that company reports their income to the irs. it isn't an option whether to report it or not. even in our case, all our income is paid by check, and our bank reports the total deposits.

nasko

03-04-2002, 08:50 AM

You can get paid directly to your offshore bank account and you don't have to pay any taxes. You could have credit card and use all this tax free money in your country without any problems. nasko

playa

03-04-2002, 09:31 AM

<blockquote>quote:<hr />Originally posted by nasko: You can get paid directly to your offshore bank account and you don't have to pay any taxes. You could have credit card and use all this tax free money in your country without any problems. nasko<hr /></blockquote>hehe,, if it was only that easy,,, theres this little thing called credit history,,, and its pretty hard to explain how you live in a 200k house with a BMW in the drive thru without any income to the IRS

nasko

03-04-2002, 09:37 AM

I don't live in USA, but here is Europ I don't have problems with that. I buy everything under the name of the offshore company, the house, the car everything. You can register company at Antigua for expamle and then make an office of the company is USA.

stepin

03-04-2002, 09:40 AM

Playa is right on this i have talked to many diff people including a few just got out of the pen if they know about it and you are hiding it your ass is going down the hard road as for taxes i am paying about 39.9% <img border="0" title="" alt="[Mad]" src="mad.gif" /> i wish the irs would close up shop but i dont ever see that happening <blockquote>quote:<hr />Originally posted by playa: <blockquote>quote:<hr />Originally posted by nasko: You can get paid directly to your offshore bank account and you don't have to pay any taxes. You could have credit card and use all this tax free money in your country without any problems. nasko<hr /></blockquote>hehe,, if it was only that easy,,, theres this little thing called credit history,,, and its pretty hard to explain how you live in a 200k house with a BMW in the drive thru without any income to the IRS<hr /></blockquote>

Due

03-04-2002, 10:15 AM

You will sleep much better at night paying all your taxes <img border="0" title="" alt="[Smile]" src="smile.gif" /> If you sleep more you can't work that much. Not only do you have to pay a bigger % of your income but you will also make less because you sleep too much. Tax is a bad bad thing. <img border="0" alt="[Bounce]" title="" src="graemlins/bounce.gif" />

nasko

03-04-2002, 10:23 AM

Smart webmasters don't pay taxes. It's damn easy to hide your income, because you can receive your money wherever you want.

Terrance11

03-04-2002, 11:03 AM

<blockquote>quote:<hr />Originally posted by basschick: regarding "The average American earns 22,000 dollars a year" - where did you get that figure? it's sad but $22,000 is now officially below poverty level if you have any dependants. <hr /></blockquote>Oh well, I actually just saw that an average accountant makes 37,000 a year, and subtracted 15k, and got the average for all Americans, guess I was wrong <img border="0" title="" alt="[Smile]" src="smile.gif" /> Anyways, where's a good offshore bank located <img border="0" title="" alt="[Wink]" src="wink.gif" />

Foots

03-04-2002, 11:13 AM

I'm pretty sure accountants make more then 37k ... Everybody I know with a regular every day joe job makes over 35k... You can live a "section 8" life on 22k but not a regular one <img border="0" title="" alt="[Roll Eyes]" src="rolleyes.gif" />

druhix

03-04-2002, 04:45 PM

hell I live in Canada so the gov doesn't take my whole pay check <img border="0" alt="[ROTFLMAO]" title="" src="graemlins/rotflmao.gif" />

ragnar

03-04-2002, 04:58 PM

<blockquote>quote:<hr />Originally posted by nasko: Smart webmasters don't pay taxes. It's damn easy to hide your income, because you can receive your money wherever you want.<hr /></blockquote>Not if its your full day job, the irs people aint stupid. If you have a normal day job it should be easier to hide your internet made money, especially when a sponsor company gives you an anonymous credit card thats what i call service <img border="0" title="" alt="[Big Grin]" src="biggrin.gif" />

Terrance11

03-04-2002, 05:04 PM

Oh well, I'll just pay my damn taxes. I'm sure you could live well off of 22k, well down here in Atlanta you can <img border="0" title="" alt="[Wink]" src="wink.gif" /> With 800 dollars apartments...

enlighter

03-04-2002, 05:19 PM

I earn about 5 Quatrillion (thats 5,000,000,000,000,000,000 or something like that)Dollars a day... honestly!!! ----------------------------------------------- If somebody wants some free money just click here: <a href="http://www.FreeMoneyRocksMyWorld.org" target="_blank">http://www.FreeMoneyRocksMyWorld.org</a> and fill in your name, address and the amount of money you want, and I´ll make sure to wire it through to you the next business day! PS: the link / address might be temporarily down because of too many money leechers! try again later

nasko

03-04-2002, 06:08 PM

<blockquote>quote:<hr />Originally posted by ragnar: <blockquote>quote:<hr />Originally posted by nasko: Smart webmasters don't pay taxes. It's damn easy to hide your income, because you can receive your money wherever you want.<hr /></blockquote>Not if its your full day job, the irs people aint stupid. If you have a normal day job it should be easier to hide your internet made money, especially when a sponsor company gives you an anonymous credit card thats what i call service <img border="0" title="" alt="[Big Grin]" src="biggrin.gif" /> <hr /></blockquote>OK, here is an expamle of how you can do that: Register offshore company, make an offshore bank account of the company, make an office of the comany in USA, register for all sponsors as the company, get yourself as the employee of the company with let say $1000/month salary and pay taxes over this money, all other money will be in your offshore account, you get a credit card with the bank and you can spend whatever you want. The car, the house, the office, everything is under the name of the company you are working for <img border="0" title="" alt="[Smile]" src="smile.gif" /> Hope this will help. Btw. this is for big webmasters only. If you make under $10k/month is usless to do that, you better pay taxes and live good life with the rest of the money. nasko

LiveDose

03-04-2002, 06:24 PM

With all the legal loop holes available to corporations there is no reason to cheat on your taxes and still keep a lot of your money. Plus you will sleep well at night. Believe me the IRS is going hard after offshore stuff. Personally I love the thought of putting all my money offshore and I have been looking into diversifying but if I am spending anytime in the pen it will be for killing someone, not cheating on my taxes...LOL Peace, LD <img border="0" title="" alt="[Big Grin]" src="biggrin.gif" />

shane94

03-04-2002, 06:33 PM

WEll IMO if you try to fuck Uncle Sam here in the US you are crazy. As a webmaster you have all sorts of deductions such as computers/hosting/content and other fees or services. So these things can really lower your taxes. The best advise I can give::::::::::::::Get a good CPA they are worth their weight in gold <img border="0" title="" alt="[Smile]" src="smile.gif" /> Shane

toker

03-04-2002, 10:31 PM

Dont pay taxes then you will be wondering why the state or city is broke and cant pave the new roads or build new schools ect.. Theres a reason we pay taxes like to have money when we retire and to have nice nice places to live. When you dont pay your taxes the next honest guy has to foot the bill for your bullshit and that aint fair. I think its pretty fucked up to sit on here and brag about how easy it is to not pay taxes. Hopefully when your old you will have shit and be eating out of dumpsters because thats what you deserve.

twobitsgirl

03-04-2002, 10:50 PM

taxes suck especially if you live where I do.....They "follow the old commonwealth" what another country does they have to follow....just an excuse to raise taxes if not raise the taxes that are hidden ie license fees or a fee for this or that.it sucks big time....considering our country's population.....I don't know what is wrong with them !!!!they suck up to all the old countries....that are too small geographically but over populated .....now their biggest trade partner & neighbour ....it appears they do everything in their power to ignore them .....I really believe it is jealousy ...& that is the bottom line. It is sad though because if the 2 countries were united .....still separate but united in policies the world(at least in our countries) would be a better place Myself I made less than what Bass chick says is the poverty level but still have to pay taxes.... for last year....there is something wrong there!!!

basschick

03-04-2002, 10:59 PM

Dru Hix, i work with a canadian webmaster... taxes there are pretty high if you are a business. twobitsgirl, that is the official poverty level in the u.s. - it may not be applicable where you are. and you can make far more than $22,000 a year as an adult webmaster...

LiveDose

03-05-2002, 12:21 AM

I think if the government(congress) would cut the constant bullshit and stop pork barreling, sucking money from the budget for unnecessary constituent hometown projects(waste) and keep their own books straight people wouldn't have these kind of strong feelings. Or at least reasonable people wouldn't. Most people do realize that taxes need to be paid for a society to function. Did you know that the IRS cannot account for over 2300 laptops that have been stolen... THAT'S OUR MONEY!!! There is absolutely nothing wrong with a thread about savings on taxes. It's smart business, it's smart living and anyone who just pays all their taxes blindly when they could be taking deductions is NUTS!

Foots

03-05-2002, 08:22 AM

All the talk about offshore bank accounts...Do you know how many people are doing 40+ years for that shit? I'm sure most of you arent making THAT much where you have to lie on your taxes.Pay your couple thousand and keep your ass out of jail.There is no such thing as a lifetime tax evader,you will get caught eventually <img border="0" title="" alt="[Wink]" src="wink.gif" />

bigdog

03-05-2002, 08:37 AM

22,000 is a damn shame many webmasters make that in a month

nasko

03-05-2002, 09:15 AM

Everyone had the choice what to do with his business. There is nothing wrong to use offshore companies for big projects. All big investors, mobile operators, big internet companies, etc use offshore. If not all, the most use offshore companies. It's not like cheating your country, you just operate your business under offshore country jurisdiction. The offshore isn't for small webmaster who wants to hide his 100 bucks day. When you go to offshore you should have lawyer, offshore consultant and much money.

toker

03-05-2002, 10:16 AM

Ya Enron had offshore and great lawyers it made them a fortune.. <img border="0" title="" alt="[Roll Eyes]" src="rolleyes.gif" />

nasko

03-05-2002, 10:34 AM

Enron issue has nothing to do with our discussion here. What about the million of other offshore compnaies that operate their business well ?

*Kimmykim*

03-05-2002, 10:43 AM

nasko, sorry to break it to you but you are bound by the tax laws where you LIVE, not where you go and make up shell corporations, as far as the US Govt is concerned. The old trick with an offshore account and a debit card doesn't work any more, since nearly every island in the Caribbean gives up all kinds of information to the IRS currently. Someone else made the comment that you couldn't live a lifestyle above your apparent means without the IRS wanting to see how you are doing it, especially when you pay some taxes and file a return. Best thing to do is get a good accountant, and if you're making enough money to worry about what you pay in taxes, you should have no problem affording the accountant's bill...

flyingiguana

03-05-2002, 11:52 AM

in canada, from what i know, if u bring money into the country ur suppose to claim it. u might be able to get away with a company car. but for a house or things of that nature its a no no. i'm assuming its about the same in the states. <img border="0" alt="[Ouch]" title="" src="graemlins/ouch.gif" />

toker

03-05-2002, 12:04 PM

You do what you want play the system they will let you get away for 3-4 years while they let interest build. Then you get hit with back taxes, fines, interest fees and possibly jail time. Much better to consult with a legal advisor then some guy named nasko who tells you on AWI not to pay taxes. <img border="0" alt="[No No]" title="" src="graemlins/nono.gif" />

PeepNTom

03-05-2002, 01:48 PM

nasko is my CPA, whats the problem here, he has my best intrests in mind? <img border="0" title="" alt="[Big Grin]" src="biggrin.gif" /> <img border="0" alt="[ROTFLMAO]" title="" src="graemlins/rotflmao.gif" />

Rod

03-05-2002, 02:12 PM

The only thing that I know it works is: You make an offshore company, you get yourself a small monthly payement, as an employee, you pay your taxes for that. And you also pay your taxes for your offshore company, lets say in the Bermudes. Then you buy everything under the name of your company...if the IRS asks you where you get that from, you say that its a promotion from the business you work from... It works god for canadian, since they normally have to pay a lot of taxes... Even Paul Martin does that (minister of finance of canada) <img border="0" title="" alt="[Smile]" src="smile.gif" />

netw0rks

03-05-2002, 06:26 PM

LOL @ toker pay your taxes people. the goverment ownz you

Foots

03-05-2002, 06:40 PM

my retired grandmother didnt pay her LOW ass taxes for 5 years and they took her house without warning...imagine if they caught you dealing offshore <img border="0" title="" alt="[Roll Eyes]" src="rolleyes.gif" />

manga

03-05-2002, 06:52 PM

There are a lot of ways to set yourself up offshore. It's actually pretty common. As a webmaster, however, if you really want to setup offshore and pay no taxes and not have to worry about the IRS or Revenue Canada, then you'll have to give up your residency. That way you will never worry about the IRS or anyone else coming after you for unpaid taxes. Just don't get sick down there <img border="0" title="" alt="[Wink]" src="wink.gif" />

LiveDose

03-05-2002, 07:55 PM

<blockquote>quote:<hr />Just don't get sick down there <img border="0" title="" alt="[Wink]" src="wink.gif" /> [/QB]<hr /></blockquote>LOL... I love the humor on this board!

twobitsgirl

03-05-2002, 10:00 PM

sorry I won't go into details....extremely bad day at work <img border="0" title="" alt="[Frown]" src="frown.gif" /> on the way to bed...yes I know an adult webmaster can make more than 22,000 in a month, bass chick (i would be happy with a tenth) then my bf could quit the job he hates so much & btw his brother does live in bermuda & gets paid in US $, and makes mega$ as an actuiary (i know I spelled that wrong)... rome was not built over night the money will come after my next 2 sites are set up 1 tgp & 1 pay...the lust will be a token site because it was the my first website (just happened to be an adult fetish site LOL) I guess that goes with surfing the pages for over 6 years. Sorry must get to bed night

bigdog

03-06-2002, 12:03 PM

just move to the islands and you won't have to worry about taxes

TeeBee

03-08-2002, 01:52 PM

<a href="http://www.msnbc.com/news/721109.asp?0si=-" target="_blank">IRS seeks to get credit-card records</a> WASHINGTON, March 8 — Card-carrying tax cheats, beware. Uncle Sam is about to start peeking into credit-card accounts in search of thousands of Americans taking part in a fun-in-the-sun tax-avoidance scam that is part of a $70 billion-a-year drain on federal revenue <img border="0" alt="[Finger]" title="" src="graemlins/finger.gif" />