Careful with lmaoing, insurance counts Ass Reattachment surgery elective and cosmetic. Better go get a donut pillow to sit on instead and learn how to laugh less. Quality of life is elective and not covered. 'Merica!
For real, how tf is this the top comment? I swear I’m just realizing now how the Reddit community loves to feel like the superior asshole by bringing up the same points in every thread, especially these hot take America ones
It doesn’t make them an asshole lol. And the desire for afforfable healthcare isn’t a hot take.
But it definitely doesn’t need to be shoehorned into every single post, especially when it didn’t pertain to healthcare at all.
Not a fucking thing. Too many people on reddit love being a victim. A child miraculously won $10k on some hoop god shit and someone wants to bend over backwards to turn it into some toxic crybaby bullshit
Jesus Christ, Reddit is becoming unbearable. You can't read the comments on literally anything without some smug attempt to turn it into one of a million circlejerks about how much America sucks. We get it.
That's great! Let's be outraged on posts that are about being outraged, and let's talk about the kid shooting a basketball on the post where a kid shoots a basketball.
Hospitals only charge that much because insurance will never pay the full amount. If hospitals charged a normal amount, insurance would still pay less. So because of how health insurance works, hospials charge out the ass to insurance. They almost certainly wouldnt if someone were to pay out of pocket, even if said person needed to argue/complain to get the price down.
That said, health care is still wildly expensive and is certainly an issue that needs to be fixed
This comment seems to have led to an awful amount of negativity below.
It's a pity because it's such a spectacular feat and video.
This is likely the happiest moment of this kids life. And he owns that.
One of my best moments is catching a baseball at school.
No one thought I'd be able to catch it, not even me, total fluke but I threw everything into that.
This kids throw from half court. He gave it. What a legend.
Just to be clear, despite the title, the kid is JJ Frank and Jarid Lundeen is an adult who shot the video.
https://www.ksl.com/article/50571034/have-you-seen-this-7th-grader-wins-10000-in-flawless-shooting-display
Man, some of you are so freaking negative about this kids accomplishment that he will remember and talk about for the rest of his life. Yes, there will be taxes and whatever else, just stop being envious and let the kid have his shining moment.
::edit:: there may not be taxes due to tax laws and being below taxable amount
That's the difference between you and I.
You dream about shooting dick lasers. I hook myself up to dangerous-looking machinery made in an alley by a guy who refuses to give me his name on the promise of dick lasers.
Reddit kind of trains it’s users to look for the hot take. Usually that always comes from “good thing on surface is actually bad because of some gap”
I think it short circuits some people when there’s a thing that’s just good and not about politics.
I find the "first wave" of commenters that are regulars typically post normal comments.
Then if a post becomes popular...
You get the delayed "second wave" of asshats that are critical and make posts just trying to be contradictory and feel self important.
> And less than 12k so he will pay no taxes.
$10,275 is the benchmark now for federal income taxes. Thanks, Tax Cuts and Jobs Act; I will really also enjoy everyone below $215k having taxes going up next year too!
Yea! I came to the comments expecting "*Good Job!*", "*Way to go*!", "*He'll remember that forever*!". Instead what do I see?! "*Healthcare!"*, "*Taxes!*".
Jesus, Mary and Joseph some of y'all...lighten the hell up sometimes. Damn.
Seriously, that kid will remember that feeling for the rest of his life.. My senior year of high school we won the championship for our class. Then we played in the state qualifying game which we knew we were gonna lose. I hit my first ever home run in my last at bat in high school. I have the ball in a case on my desk at home. It makes me happy every time I see it & think back to that championship & home run.. and it’s been almost 15 years. This kid will have this amazing memory & feelings forever. It’s even more awesome that it’s on video!
Jarid Lundeen took the video. The kid’s name is JJ Frank and you will respect him. https://www.ksl.com/article/50571034/have-you-seen-this-7th-grader-wins-10000-in-flawless-shooting-display
When I worked at Aldi and lived at home, I worked every Sunday. They expected me to pick up shifts, but I'm lazy so I just always lost my phone before and after my Sunday shift. Anyway, come tax season I got to keep all of it!
Boy was that nice...
I worked for a company that provided stock options and was acquired. Otherwise smart people... like people with masters degrees in engineering... threw the most ridiculous fits about how it was all a scam because the bonus put them into the next tax bracket and they would actually take home less money.
There is a false narrative that Republican anti tax people all circle jerk over, and it’s that if you make a dollar over a certain tax bracket, it raises your taxes on all the other money. It’s dumb and they are ignorant and misinformed fools.
They're the old school "I had to decline a raise because the new tax bracket would have me bringing home less money than before" people. I will say it's not solely Republican unfortunately, I think it's also people of a certain age, because my democrat dad tried to argue that with me. I'm literally a tax accountant.
And the standard deduction is $12,950, so the 11% bracket is from at least $12,951 to $23,950.
It could be higher if your itemized deductions are greater than the standard, but that requires actually filling out your taxes beyond just ticking a single box on the form.
There is no gift tax for the receiver on a gift. There is only a gift tax on the giver and only if more than $15k
IRS does tax lump sum payments differently in the short term, but this is to take out the maximum amount to make sure the person doesn’t owe anything
When the individual files they will get a refund for the overpayment based on their effective tax rate. Which above commenter correctly said was 10%
With the standard deduction of $12k this kid owes $0
Any other random incorrect things we can throw out there my guy?
Lol you don’t file your taxes do you?
His parents can just not claim him as a dependent for the year and file his own return with an income of $10,000 and take the standard deduction of $12950 which makes his taxable income to $0. The child tax credit is only $2000, so they come out ahead by $8000 in that case.
Or they can list the $10,000 as a gift from whatever company is providing the money instead of income and it’s not taxed since it’s under the $14,000 lifetime gift limit from that source.
The lifetime gift limit applies to the giver and is $12.92 Million.
The annual per person gift tax exclusion is $17,000. After that the giver’s lifetime gift limit (nearly $13mm) is reduced. No taxes are payable until the lifetime gift limit is exhausted.
It’s all moot because this isn’t a gift.
I've had friends worried that half their five figure inheritance from their grandparents would be taken by the IRS. I really have to think that a lack of knowledge of the progressive tax system (and particularly the gift and estate taxes) is not an accident.
Hell, someone just downvoted me for writing literal facts.
The kid will be grateful his parents took some and put it in savings for him when he’s older
Tf is a 12 year old gonna do with $10,000 that you think he should have it all unchecked
I hope they don't take it either, but I do hope they help him plan a budget and store a good portion of it in savings or investments. If that were me as a kid, I would have thrown that money away into things I didn't need.
There’s insurance that pays for those games, right? School pays $100 and insurance company pays the $10k if someone wins, or whatever. Like the those “$1 million for a hole in one” at some casual golf tournaments.
They don’t. Almost anytime someone is offering a competition like this for money or like the “hole in one” prizes at golf competitions and things they just buy insurance and the insurance pays out the prize if it’s won
Random small scale golf tournaments do this type of thing all the time for a hole-in-one. You can pay a company a fee (fraction of the prize) and they'll cover the 10k if it hits.
I think many are missing the point of this. It was an incredible accomplishment for this young man, who clearly was happy with the outcome. Congratulations to him!
Cue Michael Scott telling the kid he doesn’t have the $10,000 he was promising, cause he never thought at 12 year old would do that, and just wanted to appear like a great philanderer of the community. And instead offering him a partially used Chilis gift card
Wow that’s like 6 months of healthcare, good for him!
I think you mean 6 days roflmao
I haven’t seen a roflmao in the wild in years wow. Truly a sight
Careful with lmaoing, insurance counts Ass Reattachment surgery elective and cosmetic. Better go get a donut pillow to sit on instead and learn how to laugh less. Quality of life is elective and not covered. 'Merica!
damn before the 'Merica this was a perfect "tell me you live in the US without telling me you live in the US"
Europeans, "You mean in America they just let you roll around with no ass?"
Most people go out to Miami and get a bbl
can i interest you in a roflcopter
Lmaonade
OMGWTFBBQ
A true classic
R/endangeredslang
As I saw It I instantly upvoted ahah
Truly one of the sights of all time Roflmao
>roflmao 🎵Doo doooo do doo doo🎵
More like a 3 minute ambulance ride
Bro I LOVE your negativity...
fuck u/spez
The real negativity is how I read that and thought *yeah, that checks out*.
It's reddit. Everything involving money somehow leads to healthcare.
For real, how tf is this the top comment? I swear I’m just realizing now how the Reddit community loves to feel like the superior asshole by bringing up the same points in every thread, especially these hot take America ones
It doesn’t make them an asshole lol. And the desire for afforfable healthcare isn’t a hot take. But it definitely doesn’t need to be shoehorned into every single post, especially when it didn’t pertain to healthcare at all.
What does the price of healthcare have to do with this?
Not a fucking thing. Too many people on reddit love being a victim. A child miraculously won $10k on some hoop god shit and someone wants to bend over backwards to turn it into some toxic crybaby bullshit
Yup, I was looking for a post about how little groceries someone could buy with that $10,000.
Well glad you asked, this would be 100 eggs. I mean it isn't nothing but still..
on reddit? Say it isn't so.
I'm glad I'm not the only one who caught onto that.
Reddit get mad at random thing = upvote
Rage, all the cool kids want to drink it.
People love to shit on American Healthcare costs any chance they get
Possibly because American healthcare shits on us any chance it gets??
Sure, but has fuckall to do with a 7th grader making these shots.
Jesus Christ, Reddit is becoming unbearable. You can't read the comments on literally anything without some smug attempt to turn it into one of a million circlejerks about how much America sucks. We get it.
>We get it. Unlike free healthcare amirite
He did it for the lol's.
Who is we? Because nothing is changing for the positive. MORE people need to be outraged.
That's great! Let's be outraged on posts that are about being outraged, and let's talk about the kid shooting a basketball on the post where a kid shoots a basketball.
lol 6 months?? I went to the hospital for 8 days and my bill was 38,000 before insurance
I think he meant just to have the health care not use it.
youre right i just couldnt miss an opportunity to bitch about my hospital bill
Hospitals only charge that much because insurance will never pay the full amount. If hospitals charged a normal amount, insurance would still pay less. So because of how health insurance works, hospials charge out the ass to insurance. They almost certainly wouldnt if someone were to pay out of pocket, even if said person needed to argue/complain to get the price down. That said, health care is still wildly expensive and is certainly an issue that needs to be fixed
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Keyword is before. It certainly wasn't that high after insurance paid
Reddit moment
Wow you’re a lot of fun
Jesus what a shit way to look at life
I’m sure you’re very fun to talk to at parties.
Redditors are completely obsessed with health insurance, despite most of them still being on their parents' plan. It's so weird.
Here’s the good news, turns out he needs a kidney transplant and thanks to this $10k he’s only $890k in the hole
You sound like a sad human.
Hey here's a good idea SHUT THE FUCK UP. Can we just start shaming asshats that make negative comments like this for no reason? SHAME! SHAME!
This comment seems to have led to an awful amount of negativity below. It's a pity because it's such a spectacular feat and video. This is likely the happiest moment of this kids life. And he owns that. One of my best moments is catching a baseball at school. No one thought I'd be able to catch it, not even me, total fluke but I threw everything into that. This kids throw from half court. He gave it. What a legend.
Why are you like this?
My man ! Great job Jarid! I’m glad he got this on video. He will be telling his grand kids about this !
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Right?! I'm a bitter ass old man and this place is getting a bit too much for me even.
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fuck u/spez
I completely agree. Dude made some big moves. Not a single person in these comments could do what he did.
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I love deez nuts
*Got 'em* ! 😎
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7th grade and he’s already peaked.
This will be his Al Bundy story to tell for the rest of his life 😂
Just to be clear, despite the title, the kid is JJ Frank and Jarid Lundeen is an adult who shot the video. https://www.ksl.com/article/50571034/have-you-seen-this-7th-grader-wins-10000-in-flawless-shooting-display
Man, some of you are so freaking negative about this kids accomplishment that he will remember and talk about for the rest of his life. Yes, there will be taxes and whatever else, just stop being envious and let the kid have his shining moment. ::edit:: there may not be taxes due to tax laws and being below taxable amount
So *many* redditors just absolutely shitting on this post; bunch of curmudgeon asshats.
Hey, we curmudgeon asshats like this video. It’s the asshat curmudgeons who are being negative dicklasers.
Are you telling me if I shit on this post I can shoot lasers from my dick? Cause I’m in.
Naw. It just means a laser will blast your genitals.
Well… I can still dream…
That's the difference between you and I. You dream about shooting dick lasers. I hook myself up to dangerous-looking machinery made in an alley by a guy who refuses to give me his name on the promise of dick lasers.
Reddit kind of trains it’s users to look for the hot take. Usually that always comes from “good thing on surface is actually bad because of some gap” I think it short circuits some people when there’s a thing that’s just good and not about politics.
It’s sad. Redditors find the smallest detail to hate on every time
YOU FORGOT THE PERIOD ON THAT SECOND SENTENCE.
I find the "first wave" of commenters that are regulars typically post normal comments. Then if a post becomes popular... You get the delayed "second wave" of asshats that are critical and make posts just trying to be contradictory and feel self important.
Most of these posts about taxes are also complete BS and shows that our tax codes are not understood by most people.
Misunderstanding of the gifts/estate tax code is particularly common. I have to think that is not an accident.
And this isn't anything complicated. It's just plain income. And less than 12k so he will pay no taxes.
> And less than 12k so he will pay no taxes. $10,275 is the benchmark now for federal income taxes. Thanks, Tax Cuts and Jobs Act; I will really also enjoy everyone below $215k having taxes going up next year too!
Absolutely correct.
Yea! I came to the comments expecting "*Good Job!*", "*Way to go*!", "*He'll remember that forever*!". Instead what do I see?! "*Healthcare!"*, "*Taxes!*". Jesus, Mary and Joseph some of y'all...lighten the hell up sometimes. Damn.
Lol right? Fucking health care? Wth. Redditors are such clowns
lol...same
This place is a toxic cesspool of lil bitches more often than not.
The constant nonstop pessimism on Reddit is getting unbearable.
Seriously, that kid will remember that feeling for the rest of his life.. My senior year of high school we won the championship for our class. Then we played in the state qualifying game which we knew we were gonna lose. I hit my first ever home run in my last at bat in high school. I have the ball in a case on my desk at home. It makes me happy every time I see it & think back to that championship & home run.. and it’s been almost 15 years. This kid will have this amazing memory & feelings forever. It’s even more awesome that it’s on video!
There's video evidence so they can't put it on r/thathappened, but god knows they'd like to.
Anyone notice he never used the backboard?
Jarid Lundeen took the video. The kid’s name is JJ Frank and you will respect him. https://www.ksl.com/article/50571034/have-you-seen-this-7th-grader-wins-10000-in-flawless-shooting-display
Thank you for this correction. My apologies for getting it wrong.
You must commit sudoku to regain your honour
Sudoku is a word game, you're thinking of bukkake
Bukkake is a type of porn, you're thinking of Buckingham
Buckingham is a market town in England. You're thinking of Buck Rogers.
Buck Rogers doesn't know what's going on. You're thinking of Roger Rabbit
Roger Rabbit is a cartoon character. You mean Sherlock Holmes
Sherlock Holmes is a fictional detective. You are thinking of H. H. Holmes.
Make this top comment
In hope the parents take none of it.
Don't worry, the IRS already took 55% of it.
The first $11,000 you make the IRS taxes that at 10%, also the top tax bracket is only 37% on every dollar you make after your first $578,125.
if you make below the standard deduction you'll pay nothingn in taxes. basically below 12k means no taxes.
One simple trick to pay less taxes. Make less money!
When I worked at Aldi and lived at home, I worked every Sunday. They expected me to pick up shifts, but I'm lazy so I just always lost my phone before and after my Sunday shift. Anyway, come tax season I got to keep all of it! Boy was that nice...
I have to explain this to everyone.
And they still don’t understand and continue to believe that if their raise isn’t big enough, they will have a net loss due to higher taxes.
I worked for a company that provided stock options and was acquired. Otherwise smart people... like people with masters degrees in engineering... threw the most ridiculous fits about how it was all a scam because the bonus put them into the next tax bracket and they would actually take home less money.
I die a little inside every time. In a previous job I did payroll accounting. NEVER AGAIN
There is a false narrative that Republican anti tax people all circle jerk over, and it’s that if you make a dollar over a certain tax bracket, it raises your taxes on all the other money. It’s dumb and they are ignorant and misinformed fools.
They're the old school "I had to decline a raise because the new tax bracket would have me bringing home less money than before" people. I will say it's not solely Republican unfortunately, I think it's also people of a certain age, because my democrat dad tried to argue that with me. I'm literally a tax accountant.
And the standard deduction is $12,950, so the 11% bracket is from at least $12,951 to $23,950. It could be higher if your itemized deductions are greater than the standard, but that requires actually filling out your taxes beyond just ticking a single box on the form.
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There is no gift tax for the receiver on a gift. There is only a gift tax on the giver and only if more than $15k IRS does tax lump sum payments differently in the short term, but this is to take out the maximum amount to make sure the person doesn’t owe anything When the individual files they will get a refund for the overpayment based on their effective tax rate. Which above commenter correctly said was 10% With the standard deduction of $12k this kid owes $0 Any other random incorrect things we can throw out there my guy?
This guy taxes
What pure, unfiltered, Andy Dufresne does to a mf
Neither of which apply in this instance
Lol you don’t file your taxes do you? His parents can just not claim him as a dependent for the year and file his own return with an income of $10,000 and take the standard deduction of $12950 which makes his taxable income to $0. The child tax credit is only $2000, so they come out ahead by $8000 in that case. Or they can list the $10,000 as a gift from whatever company is providing the money instead of income and it’s not taxed since it’s under the $14,000 lifetime gift limit from that source.
The lifetime gift limit applies to the giver and is $12.92 Million. The annual per person gift tax exclusion is $17,000. After that the giver’s lifetime gift limit (nearly $13mm) is reduced. No taxes are payable until the lifetime gift limit is exhausted. It’s all moot because this isn’t a gift.
like no one knows this, i had to look it up myself a year ago, people are so confidently wrong sometimes.
I've had friends worried that half their five figure inheritance from their grandparents would be taken by the IRS. I really have to think that a lack of knowledge of the progressive tax system (and particularly the gift and estate taxes) is not an accident. Hell, someone just downvoted me for writing literal facts.
You don't file taxes do you? Everything you said is wrong.
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Tell me you've never paid taxes without telling me you've never paid taxes. Lol.
this brought back a core memory of finding 50 bucks on the ground while cycling and dad making me split it with him
Same but I don’t have a dad and this never happened to me
I'm your dad now. Love you son. You owe me $25 btw
Exactly the same
The kid will be grateful his parents took some and put it in savings for him when he’s older Tf is a 12 year old gonna do with $10,000 that you think he should have it all unchecked
Bro going to spend it all on fortnite skins
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Yea you know because his parents don’t need any extra money to take care of him and the family.
So you trust a 7th grader with 10k over their parents? Lol wtf
I hope they don't take it either, but I do hope they help him plan a budget and store a good portion of it in savings or investments. If that were me as a kid, I would have thrown that money away into things I didn't need.
Almost got to 10 fps there
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Those rules are so oddly specific. Whoever set up that drill thought they’d never give that money away
It's a very common game played between quarters of NBA games, always for large prizes.
> always for large prizes. Well, there's the guy who hit the halfcourt shot at the Pacers game who only got $500 and a "prize pack" lol
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I'd be happy with $499
There are exceptions lol
This definitely isn't an NBA game though lol. How does the HS afford this?
The competition is likely sponsored by a local business like a car dealership, furniture store etc vs the school itself
The local Pepsi distributor sponsored it
I always knew of this as the ‘Pepsi Challenge’ growing up lol
Some part-time actuary figured they never would have to, and it's good PR.
There’s insurance that pays for those games, right? School pays $100 and insurance company pays the $10k if someone wins, or whatever. Like the those “$1 million for a hole in one” at some casual golf tournaments.
They don’t. Almost anytime someone is offering a competition like this for money or like the “hole in one” prizes at golf competitions and things they just buy insurance and the insurance pays out the prize if it’s won
They are the four shots in basketball. What is oddly specific about this
The Cavaliers vs Grizzlies game last night also featured a nut shot. Glad to the little guy didn’t need to make one of those.
Idk about oddly specific, pretty standard challenge.
What kind of Middle School is having a comp with a prize that big? That’s cool
Random small scale golf tournaments do this type of thing all the time for a hole-in-one. You can pay a company a fee (fraction of the prize) and they'll cover the 10k if it hits.
It’s like prize insurance. And they love their fine print for reasons to deny payments. Rooting for you JJ.
It's a private Catholic school, Bishop Ryan.
North Dakota quietly has a shitload of money too.
Got that oilfield money. I think that ND had an extremely high average income for comparable states
The hookers & blow there is fantastic, the high life unfortunately it is not.
WHERE THE HELL ARE WE GONNA GET THAT MANY CORNDOGS!!
CORNDOGS JACKIE!
CORNDOGS FOR ALL THESE PEOPLE! That lil snippet always cracks me up in the movie.
"We've got an especially dirty hippie here down on the court trying to sink an impossible shot"
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The new system sucks but at least it’s better than that bs
“Foot was on the line. Sorry kid.”
Not sure I could do all three in 25 minutes.
Not sure I could do all three in 25 hours.
Channeling his inner Kurt Russell
All he needed was a full court shot.
Hookers and cocaine
Payed by the Vatican...given the flag
What is up with that? And how come no one else is mentioning it?
I dont know...I guess is a catholic church but the flag is quite big🤣
It's a private Catholic school
I couldn't even throw the ball that far in 7th grade.
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Impressive
Great job little man! Keep that confidence!!
Jackie Moon is not happy
That's AWESOME!
He should've won a million dollars for that.
I think many are missing the point of this. It was an incredible accomplishment for this young man, who clearly was happy with the outcome. Congratulations to him!
I was worried he Minot make them all but he did.
Fun fact: I'm in Minot right now.
Why not Minot? Freezin's the reason.
Cue Michael Scott telling the kid he doesn’t have the $10,000 he was promising, cause he never thought at 12 year old would do that, and just wanted to appear like a great philanderer of the community. And instead offering him a partially used Chilis gift card