No War, but the War on Christmas
iBizzBee
Junior Chimp
Posts: 6,013
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« on: March 21, 2023, 05:51:40 PM » |
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what the f-. you are not taking into account state and federal taxes, mandatory 401k, health insurance, car insurance, student loan payments, etc, etc. that $2800 that you think everyone just magically has laying around after paying the minimum 30% tax rate is so naïve. how old are you? that $2800 is more like $1000 once even more taxes are payed off. in CA it's probably even less.
It is ironic that the strategy of starving public services of budget via low taxes you're advocating would only worsen the visceral fear you express of earning "only" $2800 a month left after taxes.
Anyway, here's my personal proposal: $0 - $12,500 = 5.0% $12,500-$40,000 = 7.5% $40,000-$90,000 = 15.0% $90,000-$170,000 = 20.0% $170,000-$400,000 = 25.0% $400,000-$1,000,000 = 31.5% $1,000,000-$2,500,000 = 45.5% $2,500,000-$10,000,000 = 58.5% $10,000,000-$100,000,000 = 73.5% $100,000,000-$1,000,000,000 = 81.5% $1,000,000,000+ = 92.5%
Just plain weird. Why are you devoting 6 tax brackets to the top percentile of earners, and 5 to the bottom 99%? Since the median income in the US is 70k per household, that places median Americans squarely in your second-lowest "charity" bracket.
Anything above $200,000 a year (top decile) must be heavily taxed to create any quality of public service.
Yeah buddy it doesn’t mean we all should be starving. Some of us climbed the latter and want to make a nice living one day.
People in countries with higher taxes and expansive social safety nets are famously "starving". Or is this satire? I can't fully tell these days sometimes.
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