12-07-2010, 04:05 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Feb 2003
Location: NJ
Posts: 13,332
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Quote:
Originally Posted by 12clicks
http://www.irs.gov/pub/irs-pdf/i1040tt.pdf
if you're married and have a taxable income of $40k you pay $5,169.00 (roughly 13% of your income) for the luxury of living in the united states.
if you're married and have a taxable income of $1mil you pay $320,362.00 (roughly 32% of your income) for that exact same luxury.
just to recap, if the $1mil guy didn't pay 61 times the amount of tax that the $40k guy did, imagine how worse off your life would be.
How do you justify the crassness of wanting to deny them the tax cut that YOU yourself, who pay 61 times less in taxes than they do, enjoy?
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We should just roll it back to the Reagan era tax rates.
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