Quote:
Originally Posted by Sandy G
I just saw where the top tax rate in Noo Yawk could easily be as high as 60%...I don't care how rich you are, & I'll NEVER be that rich, but that is just too much...Something is seriously outta whack here...
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If you figger in income tax, state tax, sales tax, the "hidden" tax, tax on tax, inflation, etc., etc....even the poorest SOB in America is probably paying around 40% in taxes. Easy.
Sad thing is, even if the Feds taxed everyone at 100% they still couldn't cover their bets. Ain't enough tea in China.
As someone who is debt free, with money in the bank, a few assets, and modest investments...I'm beginning to get a case of the ass. No doubt who they're going to get to pay for their extravagance...cain't get blood outta a turnip...and they can bleed me.
At least the rich can move their money offshore. And don't think they won't, big help for the economy...huh.
Chas
07-16-2009, 04:39 PM
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