Financial Shakeup this weekend

[Ccns23]

Wellardmac wrote:

ccm911 wrote:

Here is what I have found so far. This s from the USA Today dated 2005:

The median household income for the nation — half were higher, half were lower — was $43,318.

So it seems to me that the figures 0f $160K and $195K would be on the high side if anything. I agree that these folks must stop getting all the tax breaks. If that makes me a "Tax and Spend Liberal", than so be it. Just tired of all the biased treatment the rich receive in this country.

The problem with your comment Chris is the definition of "rich"

Think about it... $200K is "rich". That means that a couple earning $80-90K each and modest income from savings could be regarded as "rich"

Would like you to rethink your image of those that might be worthy of being taxed because they're "rich"?

Well, the way I see it, if you are making $80-90K EACH you are kinda on the rich side of things aren't you? I mean that is a really comfortable living at that point. This is why I think there should just be a flat tax. If you make over $150K, 20% should be the tax rate. That coupled with a national sales tax should be the ONLY taxes you have to pay. No more local taxes, no more state taxes. Just 1 revenue pool that everyone uses. I mean sheesh, even baseball has revenue sharing and you don't hear Steinbrenner bitching about it.