Hippiekinkster
Posts: 5512
Joined: 11/20/2007 From: Liechtenstein Status: offline
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quote:
ORIGINAL: FirmhandKY quote:
ORIGINAL: AnimusRex
Looking at the graphic, what is the one expense that has increased out of proportion to all the other? Taxes. From $9,288 (24%) in 1973 to $22,374 (33%) in 2003. It is the only expense category that went up, except for the new category of "Daycare" that did not exist in 1973. I theorize that the wife had to take a job in order to pay the increased taxes, and thereby also had to pay the additional child care cost. The total tax burden (direct and indirect) would therefore be $22,374 (taxes) plus $9,670 (Daycare) for a total of $32,044 or roughly 47% of what the family earned. This would still leave the family with a second car, and the insurance to cover it. So, the proximate cause of the income gap between 1973 and now is ... increased taxes. Firm I suppose the fact that when income goes up, the taxpayer moves into a higher tax bracket, has absolutely nothing to do with it, right? I doubt you could be any more disingenuous.
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"We are convinced that freedom w/o Socialism is privilege and injustice, and that Socialism w/o freedom is slavery and brutality." Bakunin “Nothing we do, however virtuous, can be accomplished alone; therefore we are saved by love.” Reinhold Ne
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