Quote:
Originally Posted by mixedmedia
....
It's sick, what is happening to this country.
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Shamefully sick.
Among advanced economies, the U.S. is:
* near the very bottom in income inequity -- and the Republicans want to make permanent the lower tax rate (from the 2000 rate) for the top 1 percent of wage earners
* near the very bottom in unemployment -- and the Republicans want to cut job retraining funds and limit unemployment insurance....which contributes to...
* the very bottom in food insecurity -- and the Republicans want to cut funding for food stamps, school lunch programs,
* the very bottom in prison population -- and the Republicans want to cut funding for social programs that are proven deterrents to some from turning to crime
* near the bottom in student performance -- and the Republicans want to cut investments in education, including the capacity to attract people into the teaching profession, with good benefits to offset mediocre salaries.
/end thread jack
---------- Post added at 04:35 PM ---------- Previous post was at 04:27 PM ----------
Quote:
Originally Posted by dogzilla
When my total tax bill, federal, state and local, approaches 40% of my income, that's way too high.
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I doubt your total federal/state/local taxes are anywhere near 40% . Most likely, you are confusing marginal tax rates with effective tax rates.