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ah, yes, the latest on my company 401K
On 21/07/2010 7:01 PM, bpuharic wrote:
On Wed, 21 Jul 2010 20:05:16 -0400, wrote: On Wed, 21 Jul 2010 18:18:40 -0400, wrote: let's see....there are 115,000,000 working americans. about 80% make less than 100K. looks good to me. Most of those people are not "middle class". Half of them don't even make enough money to pay income tax. ah yes, the right wing mantra...they dont pay 'income' taxes....so they're worthless Where do you get these things? let's see...capital gains is 15% then they get to write off their losses. deduct business expenses...yadda yadda... I simply pointed half of the people you are lumping into the middle class are not making enough to pay income taxes so they are hardly middle class. ?? what makes you think not paying income taxes means you're not middle class? I am probably a big exception to the rule, as generally for 98% of the people gfretwell is absolutely correct. But in my case, 66% of the cash is tax paid, so in retirement my realized income is going to be low. This is by design as I get big tax deferements putting it in, then can draw it out low and slow at a lower tax bracket. It is called advanced financial planning. Hey, if I can save $1000 in taxes for 10 hours of work, that is $100/hr net!! -- Government has liberals, idealists and lawyers, but where is the common sense? |
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