Quote:
Originally Posted by filtherton
Do you think that the compensation received by union members wasn't going into the economy at all? I'm pretty sure that pension funds are invested prior to being paid out.
Speaking of vaults full of cash:
Companies Flush With Cash - Newsweek
I guess we're all pretty lucky that tax rates aren't higher or they'd be investing even less.  |
I was going to say this...
But, 40% is possible. At least in certain lower income brackets that have to pay set fees at least. It also depends on what house you bought and the state you live in... There are a lot of taxes in other parts of life as well outside of the Federal Income tax. State, city, school, sales, gas,...
And tax rates should be higher, since the government is spending this money and putting off taking it in on a different administration for the past 30 years...
As for the Union thing, I hope they go on strike...