A Quote by Billy Joel
You can pay Uncle Sam with all your overtime, is that all you get for your money?
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You have phantom income each year. No money is being put in your pocket, but you have to take some money out of your pocket to pay Uncle Sam because the tax is paid based on accretion.
Right now, I'm worth a million dollars, and I owe Uncle Sam a million-and-a-half dollars, and I made a deal with him. I said, 'Uncle Sam, I'm going to pay you 25 grand a month.'
Senior executives can, after a fashion, get a portion of their pay tax-free. You defer part of your income and not have to pay taxes on it, and then when you retire you have the company buy a life insurance policy on you using that money. The company can deduct that money because it is a business expense, and the money will get paid out to your children or grandchildren when you die, so you have effectively given them your money and it's never been taxed.
Oooh, if you have never been to Alaska, go there while it is still wild. My favorite uncle asked me if I wanted to go there, Uncle Sam. He said if you don't go, you're going to jail. That is how Uncle Sam asks you.
My dad's from that generation like a lot of immigrants where he feels like if you come to this country, you pay this thing like the American dream tax: like you're going to endure some racism, and if it doesn't cost you your life, well hey, you lucked out. Pay it; there you go, Uncle Sam. I was born here, so I actually had the audacity of equality.
President Reagan likes to say Uncle Sam is a kindly old man with a spine of steel, and that he is. But I want to see Uncle Sam as well with a mind and with a heart and with a soul and a conscience.
The health insurance industry does not like to pay out claims, because they don't make money. The only way they can make a profit is if they don't pay for your operation. If they pay for your operation and your doctor's appointment and your pharmaceuticals, they don't make any money.
You've got a problem. Part of what you own isn't yours. It belongs to Uncle Sam. May I show you how much belongs to Uncle Sam?
Let's be honest, you're very selfish in your twenties, and in your thirties you are just trying to get a down payment for your flat or enough money to pay your bills.
The debt settlement company will direct you to stop paying your creditor and instead send the money directly to them each month. The company's goal is to demonstrate to your creditor that you don't have the money to pay up - that's your leverage. After a few months, the company will typically go to the creditor and say, "I'm holding X dollars on behalf of your customer. He doesn't have the money to pay you, so you should take this amount as a settlement or you'll end up with nothing." If the creditor wants to get paid badly enough, it will take the money.
I'm here to tell you, though, ladies that the term "gold digger" is one of the traps we men set to keep you off our money trail; we created that term for you so that we can have all our money and still get everything we want from you without you asking for or expecting this very basic, instincual responsibility that men all over the world are obligated to assume and embrace. ... KNOW THIS: It is your right to expect that a man will pay for your dinner, your movie ticket, your club entry fee, or whatever else he has to pay for in exhange for your time.
You know what they want? They want obedient workers. Obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it. And now they're coming for your Social Security money. They want your f**kin' retirement money. They want it back so they can give it to their criminal friends on Wall Street.
Do you really want to know why you lost?” I asked. “Do you really have an answer?” he countered. “You need to get off your horse and run with your men. You don’t have the stamina for a long fight. And find a lighter sword.” “But it was my uncle’s.” “You’re not your uncle.” “But I’m the King, and this is the King’s sword,” Cahil said. His brows creased together. He seemed confused. “So wear it to your coronation,” I said. “If you use it in battle, you’ll be wearing it to your funeral,” I said.
If I'm owed money, but I say, 'Don't pay me, pay my cousin. Don't pay me, pay my charity,' you can do that, but then the IRS requires that you pay income tax on that. It's your income if you earned it and you directed where it went. If you exercised control over where the money went, you have to pay income tax on that.
You pay your money, you take your choice. I get the audience my language attracts and I lose the ones it repels.
It's just wrong to work your whole life to build up a nest egg, build your own business - you pass away, and Uncle Sam can swoop in and take away nearly half of everything you've earned. Can you imagine that? Having to sell off most of your land just to keep it from the government, just to save the house.
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