I come from a upper middle class family & guess in some ways it seems as such I have to ask why do people making over $100,000 a year complaint so much. According to the tax code it seems anyone making from $30,651 to $74,200 pays 25%, anyone making $74,201 to $154,800 pays 28% tax on income, anyone making from $154,801 to $336,550 pays 33%, & anyone making over $336,551 pays 35% income tax yet people like me making around $30,300 pay 15% but if I get a raise of even a little bit my tax jump would almost double yet the tax different between the three highest levels changes about the same as my just jumped.
I'm all for people pulling their own weight & paying taxes but explain how the three lowest tax brackets change 15% a jump of 5% from the lowest to the next level & then a 10% jump to the middle. Someone making $40,000 pays about $10,000 in taxes leaving them only $30k while someone make 3x more at $100k paying 35% still has $65,000 left to live on for making 3 times as much.
2007-09-18
09:37:41
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10 answers
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asked by
usfunparks
1