Financial Shakeup this weekend

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Financial Shakeup this weekend

Ccns23 Offline

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#295

04-15-2008, 09:44 AM

Well ccm, you could also look at it from a different point of view. Let's say that I made $1,000,000 this year. I would be taxed at I think 35% (granted a CPA could probably hide a lot of the income, but we're trying to keep it simple). So, I would pay $350,000 in taxes. The median ($43Kish) would have a tax burden of what 15-20% (we'll say 20%) so they pay $8,600. So in effect, I would be paying the same as approximately 40 people in the median. Is that fair? I'm not saying that the rich should'nt pay their part, but I am a little tired of people complaining that they aren't paying their share. Wealthy people pay a good portion of the taxes in this country. Why doesn't anyone ever complain about the cronic welfare offenders or the people who declare bankrupcy 5 time's over.

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