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Political dueling ground
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<blockquote data-quote="DadOf5" data-source="post: 3758" data-attributes="member: 15"><p><strong>Political dueling ground</strong></p><p></p><p>I have a little bit of time this morning, so I looked up a few things about taxes. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite38" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /> </p><p></p><p>In 2001 the median adjusted gross income was $28,117. According to the tax schedules found here: <a href="http://www.irs.gov/formspubs/article/0,,id=109877,00.html" target="_blank">http://www.irs.gov/formspubs/article/0,,id...=109877,00.html</a> the average person paid $3,518 in tax, leaving them $24,599 to live on after taxes.</p><p></p><p>On the high end of the spectrum, someone with an adjusted gross income of $311,950 paid $84,389. Sound like a lot? Well, this leaves them with $227,561 to live on after taxes. Think you could live on this? I know I could! :lol: </p><p></p><p>The point of all this mathematical wizardry, and to me anything to do with math is wizardry <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite39" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /> , is that even though it looks like the wealthy are being hit hard on taxes, and they are, they can certainly afford to pay it and still live a comfortable life, enjoying the benefits that go with the high income and still give back to those in need, albeit through government enforced philanthropy! <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite44" alt=":p" title="Stick out tongue :p" loading="lazy" data-shortname=":p" /></p></blockquote><p></p>
[QUOTE="DadOf5, post: 3758, member: 15"] [b]Political dueling ground[/b] I have a little bit of time this morning, so I looked up a few things about taxes. :) In 2001 the median adjusted gross income was $28,117. According to the tax schedules found here: [url=http://www.irs.gov/formspubs/article/0,,id=109877,00.html]http://www.irs.gov/formspubs/article/0,,id...=109877,00.html[/url] the average person paid $3,518 in tax, leaving them $24,599 to live on after taxes. On the high end of the spectrum, someone with an adjusted gross income of $311,950 paid $84,389. Sound like a lot? Well, this leaves them with $227,561 to live on after taxes. Think you could live on this? I know I could! :lol: The point of all this mathematical wizardry, and to me anything to do with math is wizardry ;) , is that even though it looks like the wealthy are being hit hard on taxes, and they are, they can certainly afford to pay it and still live a comfortable life, enjoying the benefits that go with the high income and still give back to those in need, albeit through government enforced philanthropy! :P [/QUOTE]
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