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Starbuck
 
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Doug,
Was President Carter and President Clinton angry white men? Why didn't they
follow your enlightened theories? You need to forward some of your posts to
the DNC, they need all the help they can get.


"DSK" wrote in message
...
Are you under the impression that being nudged into the next higher tax
bracket means that you now have less money?


Bill McKee wrote:
... yes bracket creep will leave you with less spendable
money.


Welcome to the Nitwits Who Can't Do Math Club for wanna-be economists.


.. Example (ignore real tax rates).


Yes, you'd do far better to ignore reality when you're doing pretend math.

In the real world the brackets are far enough apart that you are *much*
better off in the higher income bracket.

As for the rest of the "economics" bull**** you and the other angry dumb
white men are espousing, inflation and wages are linked but seperate. That
is why economists often talk of trends where incomes rise faster than
inflation, for example this was the case thru most of the 1990s. Then
there are times when income stagnates for the majority and inflation keeps
going, like the period we seem to be in now.

I guess it makes you feel better to try and prove that "it *has* to be
this way" so you don't have to blame your Noble Leader for screwing
everything up.

DSK