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They all should be led off in handcuffs. I’m embarrassed of our government.

Btw, what is it with you and LGM, that you two seem to think no one on the thread knows anything about our GRADUATED tax code? Bracketed taxation and incomes are hardly a secret, taught only at ivy league universities or discussed liberal salons.

I am sure a lot of people are aware. I was not aware my comment was meant to be directed at the grup at large. But this is the second time I have seen someone basically say that they are paying half their check out in taxes because they simply add their marginal rate to their FICA, state taxes, etc… Which is just fundamentally incorrect and a gross distortion.

You can argue that whatever you are paying is too high, and frankly that was not my point and I don’t really wish to argue that. But it would be nice to do so from a truthful basis.

Whatever, this is a dumb argument.

Thus you get the whole “I don’t want a raise, cause that will just knock me up to the next tax bracket”.

And you’re missing our point: increasing taxes crowds invest, thereby increasing unemployment and the cost of living for everyone.

Btw, what is it with you and LGM, that you two seem to think no one on the thread knows anything about our GRADUATED tax code? Bracketed taxation and incomes are hardly a secret, taught only at ivy league universities or discussed liberal salons.

Btw, this was really a let-them-eat cake post from you; very flippant.

It certainly was not meant to be. It is amazing the number of people that have no idea how our graduated tax rates work. Thus you get the whole “I don’t want a raise, cause that will just knock me up to the next tax bracket”.

Only your marginal rate, not your effective rate.

It is still an increase. It is still the government taking advantage of our physical labors – labors performed primarily for the benefit of our families, not to support Uncle Sam’s superfluous spending habits!

Btw, this was really a let-them-eat cake post from you; very flippant.

Oh Really? How much of MY money do YOU think is fair to give up? Under Obama, my tax rate will be 39.6%. Add raising the FICA cap, etc. I will be paying over 50%. You assume because I am in the top bracket I have plenty left over. But you don’t know our lives.

But lgm is a leftist liberal, and they always know what’s best for everyone.

Well its a pretty good bet that lgm has never met John Galt

psssst…don’t tell anyone…but John Galt is a fictional character in an overwrought, overwritten, overabout300pages novel.

Oh, btw, there is no tooth fairy or Santa Claus either. Sorry.

Under Obama, my tax rate will be 39.6%.

Only your marginal rate, not your effective rate.

Oh Really? How much of MY money do YOU think is fair to give up? Under Obama, my tax rate will be 39.6%. Add raising the FICA cap, etc. I will be paying over 50%. You assume because I am in the top bracket I have plenty left over. But you don’t know our lives. What if you knew many us us have struggles with the following: subsidizing elderly parents, college tuition, medical not covered by insurance, losses in investments, etc?

Lgm ,I have been polite to you and affirmed your good points when you have made them. But by that very statment you have proved yourself a superficial thinker and your lack of depth should disqualify you from this site.