[m21sniper]

Originally posted by Bill Verburg
[B]If true, who cares?

again who cares?

Besides me? Apparently you....you brought it up.

Lets talk only fed payroll tax no deductions or dependents, just to keep it simple

$70k earner will have ~$24k in taxes taken form his pay ~34.3%
$300k earner will have ~$83k taken from his pay ~31.6%

Neither one of them are poor(or even remotely close- well, around here anyway) or hurting, so i dont much care.

These are the effective rates 34.3% vs 31.6%. Now consider that the first $20k is necessary just to put food on the table and a home to put the table in, Doesn't leave much for fun stuff or heaven forbid savings and investments does it.

I live on under 40k a year (primarily because i dont feel like killing myself working lots of hours) and have a porsche and always have a few bucks to buy toys for myself.

I simply dont know where you get off crying poor at the income levels you are talking about.

A huge part of the reason many have no savings is explained by the tax rate inequity.

A huge part of why people have no savings is because people are largely short-sighted morons. That's also the primary reason so many people are in so much credit debt.

There is class warfare in this country and it is being successfully waged by the haves against the wanna haves.

I think you're wrong because all any "wannahave" has to do to become a "have" is work harder or go get an education(federally subsidized, thank you very much).

I think that most of you folks wouldn't know what poor was if it bit you on the assss....

Poor is growing up in a cockroach infested row house in a single parent home with no car and living off a household income of (at the time) about $10k a year, in inner city philadelphia, like i did. I pulled myself out of it(and so did all of my siblings), and there is nothing remarkable about me(or us) at all.

If i did it, anyone can do it. It's just a matter of doing what it takes, and putting in the hard work to get there.

Unfortunately, there is an entire welfare class in America that is more interested in the ghetto life and driving brand new Beemer's and sporting designer clothes and jewelry despite living in a (literally) $5k dollar decrepit row house in the drug and violencen infested hood that we ALL have to pay for.

Eliminate the burden they pose, and we'd all have a lot more money for go-fast parts for our P-cars.

Of course there is always the option of tax evasion...which most Americans do as much as possible anyway, so in reality, very few of us actually pay what we're 'supposed to'.

But in closing, at 70k a year, for what a single guy pays in taxes, he really has no room to gripe, cause unless he is a moron, he is living a pretty daggone good life.