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Article #3725

Re: I hope it passes

#3725
From: Dan Mercer
Date: Sun, 01 Feb 2004 19:15
55 lines
3958 bytes
"Fred Grosby" <fredg@visi.com> wrote in message news:401d2a37.952687@news.visi.com...
: "Daniel L. Snyder              " <snyds@tcq.NOSPAM.net> wrote:
:
: >In article <3jbp1095ogv7cfca73rf9f899mplkfml9s@4ax.com>,
: > S. Smith <scott.smith@visi.com> wrote:
: >
: >> On Sat, 31 Jan 2004 21:25:32 -0500, "Scott Hedrick" <dinehnm@yahoo.com> wrote:
: >>
: >> >"Richard Steiner" <rsteiner@visi.com> wrote in message
: >> >news:/tDHApHpv28O092yn@visi.com...
: >> >> What percentage of total income do those same people represent?
: >> >
: >> >A bunch.
: >> >
: >> >I didn't check the crossposts, thought I was just posting to fl.general.
: >> >
: >> >"Rich" turns out to be a lot less that I thought. $150K and up is considered
: >> >"rich".
: >>
: >> It's certainly not considered "poor" or "middle class".
: >>
: >>
: >>
: >
: >Its still in the range where most have to work awful hard to get it,
: >which makes the tax rate a disincentive.
:
: The only way it would be a disincentive is if the harder one worked
: and the moer money one made, the less disposable income one had.

Not necessarily.  My wife and I always do the taxes separately - she likes
to knock them out by hand,  I sue the computer.  One year she made a
subtraction error and shorted us $1000 on deductions.  The computer
caught her error.  It resulted in a $422 change between State and Federal
taxes.  At first I was elated,  but then I realized that out of each additional
dollar of income we made,  government took almost exactly half (after
the various Social Security taxes were added).  As an RN,  my wife had
the opportunity to pick up overtime.  Prior to learning about the excessive
bite the government would take,  she always assumed she would actually
get the lion's share of the money she earned.  After that,  she's halve the amount
and more often than not would refuse the opportunity.

Now,  it's not like we're rich - she actually earns more per hour than me.

I don't mind taxing the rich - I just resent the Democrats definition of me
as somehow being rich.

Dan Mercer

:
: ---
: Fred Grosby
: fredg@visi.com
: http://www.visi.com/~fredg
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From: "Dan Mercer" <dmercer@mn.rr.com>
Newsgroups: tx.general,or.general,mn.general,ny.politics,fl.general
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Subject: Re: I hope it passes
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