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I'm no way "rich" and never will be, but I do have a problem with the
"The more you make, the higher percent you pay [in tax's] " I've proven that to myself in former employment, when I was considerably younger and had a wife and baby to support. I used to work about as much overtime I could because I had the attitude that "every little bit helps". That is...untill I got my pay stubs calculated and saw how much I was paying Uncle Sam for the honor of busting my can! i always thought that the older guys were a bunch of loafs, but realized that the.y were telling the truth when they wouldn't work any overtime, because they felt like it actually cost them financially. I had to eventually agree. I do have a reletive that makes good bread... about $36,000 a month. He owns several endevors. and has worked very hard to get where he is. Last year he payed over $168,000 in personal tax's, and of course he's ****ed, because he feels like there's no incentive to gain. Those who wish, can flame me all they want, but I tend to agree with my cousin. |
#2
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Tim wrote:
I'm no way "rich" and never will be, but I do have a problem with the "The more you make, the higher percent you pay [in tax's] " This is a case where doing the math explains everything. ..... worked very hard to get where he is. Last year he payed over $168,000 in personal tax's, and of course he's ****ed, because he feels like there's no incentive to gain. If that were true, he'd be donating all that money instead of keeping it. Funny how those how complain about paying high taxes don't seem to complain about the high income that put them there. It's even funnier when low income people complain about the tax rates of rich people... somebody has done a superb job marketing this concept! DSK |
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