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LiberalFighter

(53,544 posts)
15. I am one of those 53% I guess.
Mon Sep 17, 2012, 07:37 PM
Sep 2012

I pay federal taxes and after receiving my refund my effective tax rate was 10.1%. I had income that was taxed at 0%, at 10%, and at 15%. I was unable to itemize my deductions as I didn't have enough beyond the standard. Part of that was probably because I had been paying extra on my mortgage so I could be free and clear. The negative is that I have less refund. The positive is that I don't pay a mortgage anymore and now save over $10k a year max.

But guess what? Even though I am not one of the 47% I am still voting for Obama. Cripes the rich has more income that is not taxed than my gross income. And I'm not complaining about paying my taxes. I will if Rmoney gets elected and my taxes go up so the rich can have even more income exempt from taxes.

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