truly
Banned
Registered: Nov 2005
Location: minnesota
Posts: 3660 |
quote: Originally posted by Traxx Addict
Truly,I hate to break this to you but the upper 10% pay 3/4 of the taxes in this country. How much more do you want them to pay??
SUre we pay nearly 3/4ths of taxes, but it is because we make nearly 3/4ths of all of the income.
After you posted this a few days ago, I did a little checking on statistics from official IRS and government info. If you are part of a household that has an AGI [adjusted gross income] of over $130,000 annually, then you are a top 10%. Average top 10%ers pay right around 18.7% tax rate.
So that means my household [with an AGI of around $150,000] will pay close to 27,000 in taxes this year. Leaving us to have to live off of a measly tiny little bit of money- around 123,000$ per year.
YIKES! How will I be able to live off of only $123,000$ this year!! Oh my gosh how I will suffer! There is no way that I could afford to pay another 2-4% more in income tax! If I paid 2-4% more in taxes this year I would have only 119,000$ or so to live off of.
Traxx,
I hope you can recognize sarcasm when you see it. I CAN AFFORD TO LIVE OFF OF $123,000 PER YEAR, OR $119,000 PER YEAR, OR GOD FORBID I COULD EVEN LIVE OFF OF $100,000 PER YEAR. Most any top ten%er could afford to pay more in taxes. Most of us would be happy to. We understand that we aren't that different than our friends who make 20-40,000 per year. We have just been a little more fortunate to land the right career, not have health challenges that keep us from work, and have a little better work ethics than some others. Heck, some top ten %ers don't even have that great of work ethics!
If we can't afford to pitch in and pay a little more, then who can?
My guess is you aren't a top ten%er. If you were you would know just how easy it is to make $120,000+ put food on the table. And if I am wrong, and you are a top ten%er, and you are struggling to put food on your table despite having over $10,000 per month in your family budget, then you maybe should start listening to Dave Ramsey or some other financial advice person and get your money in order. Cause look all around you- there are lots of folks getting by on very little.
I love my country, and am willing to help pay for it.
The Tea Partiers kept saying that they wanted to "take their country back". You can't take greatness. You have to earn it. Greatness is not cheap and it isn't easy. If we are ever gonna have it again, we are going to have to work hard and work together to get it. I am telling you that I am here and ready to do my part.
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patriotism is supporting your country all of the time and your government when it deserves it.
if you think the price of education is high, check out the cost of ignorance!
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