Except the problem is our tax system isnt proportional yet progressive. So your basic math example is quite useless.Originally Posted by alawa
Originally Posted by alawa
Originally Posted by ironchef
Isn't that what he said?A progressive tax is a tax imposed so that the tax rate increases as the amount to which the rate is applied increases. The term "progressive tax" can be applied to any type of tax. It is frequently applied in reference to income taxes, where people with more disposable income pay a higher percentage of that income in tax than do those with less income.![]()
No.Originally Posted by Six2Six
As the income increases, so does the RATE. It is no longer near 10% when you make 280k but the rate increases to 30%-40%.
40,000 = 4,000 in taxes
280,000 = 100,000 in taxes
Ah, didn't catch that part.Originally Posted by fire7882
Originally Posted by fire7882
which is why sometimes its hard justifying working harder...i like moeny, money motivates me but if i made 200k, i would be pissed cause im essentially not making much more due to taxes as the guy making 130k...make sense??
As far as you calling me out on being 19, i took AP econ in 11th grade and was the ONLY one at my school taking Econ that was a junior...food for thought... and currently no, i am not enrolled in school but thats because ive lived out of my parents house since i was 16 and pay for all my own shit. Look at my cars ive owned...for the most part, theyve all been shitty
back to topic though...if it was a miced racial environment and wouldnt seem like segregation to a few complainers who want to play race card, nobody would bitch////kinda reminds me about the whole hurricane katrina situation but thats a whole other topic![]()
FUCK B&D COMMUNICATIONS!