Quote:
Originally Posted by Danzig
would that be in raw dollars or percentage?
and here's this, if you care to peruse it:
http://www.thesoapboxers.com/taxes-paid-rich/
and it's a good question at the bottom....larger taxes on all money, or keep progressive taxes where the rate increases in proportion to disposable income? i'd say most would prefer the latter.
oh, and the poor, poor rich people...paying lower taxes now than any time in the last 80 years. cry me a river. maybe some day i could have that problem to deal with, being in a higher tax bracket. oh, the humanity.
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% means nothing, all measurements of this nature should always be in dollars. If I paid 50K last year and you paid 35K, I paid more, the % SHOULD be irrelevant to that discussion. The progressive tax rate is the right system but it needs some serious tweaking before it can work right.
The highest tax bracket is not that big of a number in a two income home near a major city.