General Discussion

EOTE

(13,409 posts)

16. If you're in that 36% range, that means that you're currently in the 35% range.

Tue Jul 31, 2012, 01:06 PM

Jul 2012

So that would mean that you're making over 250K a year. Now mind you that that additional 1% of taxation would not affect anything you've made under 250K, so that 1% would only be after 250K. I don't know what you make, but let's say you make 300K per year. If that were the case, that 1% would amount to an additional $500 per year. I think if you're making 300K per year, you could buck up and chip in another $500 per year to make up for how incredibly well you've done the past decade. Makes sense, no? And no, that number would not be over 1/3rd of your income unless you made substantially more than 250K per year. Do you see how tax brackets work now?

Click here to purchase valentine hearts!

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

46 replies

= new reply since forum marked as read

Highlight:

Bush Tax Cuts Have Provided Extremely Large Benefits to Wealthiest Americans Over Last Nine Years [View all] MindMover Jul 2012 OP

Yes, but we have to give them a bigger tax cut or they'll lose their incentive to work.... Scuba Jul 2012 #1

And without that money, who will teach the ponies to dance? Atman Jul 2012 #14

Hi mindover zzaapp Jul 2012 #2

Oh, what to do about income inequality .... "wringing my hands" MindMover Jul 2012 #3

I'm not really sure what I would do, that's why I value the opinions zzaapp Jul 2012 #7

Only sticky when you are rolling in dough and then it gets sticky ... MindMover Jul 2012 #41

Thank you mindmover. I appreciate the honesty. zzaapp Jul 2012 #42

Ummmm, a more progressive tax code is the obvious solution. EOTE Jul 2012 #4

+++++++++++++++++++.....no sheit MindMover Jul 2012 #5

Bingo! deutsey Jul 2012 #6

Hi EOTE...thanks for the comment. zzaapp Jul 2012 #8

They're becoming less and less common. EOTE Jul 2012 #9

EOTE zzaapp Jul 2012 #10

Who decided the tax structure of the Bush tax cuts? The president, typically. EOTE Jul 2012 #12

from a personal perspective, zzaapp Jul 2012 #13

If I read it correctly, the 36% suggestion would be on income over $250,000... Scuba Jul 2012 #15

You are right scuba, and thanks zzaapp Jul 2012 #17

No, I don't provide financial advice. I will note though.... Scuba Jul 2012 #18

Oh, I forgot to mention, I also have a heroin habit. zzaapp Jul 2012 #19

Yeah, you might want to watch your H budget carefully. Scuba Jul 2012 #20

LOL zzaapp Jul 2012 #22

You know that 10+% of the population believes they're in the top 1% of income earners. EOTE Jul 2012 #21

Lucky? zzaapp Jul 2012 #23

How about this? zzaapp Jul 2012 #24

Ummmm, that's exactly what I'm suggesting. EOTE Jul 2012 #25

Post removed Post removed Jul 2012 #26

Wow, you really don't get it. EOTE Jul 2012 #27

Thank you for your kind words. Although you will never admit it, zzaapp Jul 2012 #29

I have no desire to be friends with anyone who's incapable of grasping such simple concepts. EOTE Jul 2012 #31

Deep Breath....in...out...in...out zzaapp Jul 2012 #33

Do you have anything other than right wing bullshit to contribute? EOTE Jul 2012 #36

I'll ask one more time...please stop...you're embarrassing yourself zzaapp Jul 2012 #38

Umm, you're the one who's incapable of answering extremely simple questions. EOTE Jul 2012 #40

So, you've given up entirely on actually providing answers? EOTE Jul 2012 #39

That's ok, I still like you. zzaapp Jul 2012 #34

So, what other far right concepts do you support? EOTE Jul 2012 #37

"I don't know any rich people so I can't respond." EOTE Jul 2012 #35

And frankly, I don't believe much, if at all of what you said. EOTE Jul 2012 #28

it's......ok.......please don't dig yourself in any deeper. Let's be friends. zzaapp Jul 2012 #30

Dig myself in deeper? What? By exposing your idiocy? EOTE Jul 2012 #32

Not everyone who posts is a fan of DU HangOnKids Jul 2012 #43

Wow, I didn't know DU3 had times out. I can't wait to see what I'll hear next from him. EOTE Jul 2012 #44

If You Get A Post Hidden In A Thread HangOnKids Jul 2012 #45

Oh, thanks for clearing that up. EOTE Jul 2012 #46

If you're in that 36% range, that means that you're currently in the 35% range. EOTE Jul 2012 #16

kr HiPointDem Jul 2012 #11