lockedaway
Posts: 1720
Joined: 3/15/2007 Status: offline
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"Dude, the top tax bracket is only 35%, and even that's only on the portion of income over $373,650." Dude, you one dimensional line of thinking means that I'm not going to be able to waste any more time on you. Yes, the top tax bracket at 35% starts for individuals making $373,650.00. 33% bracket is $171,851. 28% is $82,401.00. Ok...I'm in the 28% bracket. I am also in a state charging me 7% and real estate taxes are $15,000.00. State, local and federal taxes cause me to lose 44% of my income. See...and that is why when dip shits say that the rich get richer and the poor get poorer, they ignore the common sense fact that money begets money. If I had enough money, I would buy municipal bonds and all of my interest would be triple tax free. I would invest that interest in more bonds and so forth and so on until the only thing that worked for my income was the money I already earned. With confiscatory taxation, the super rich stay super rich, that is true. In fact, some of those people may be paying less in taxes at this point than you and I. To varying degrees depending on the person, most of us, in part or in whole, because of our over burdensome tax structure, will never have the excess cash to invest in those municipal bonds. Know your enemy. Liberals lie. Liberals deceive. Liberals fight against liberty and against prosperity. Do NO business with a liberal. Don't rent to them, don't trade with them, don't refer clients to them...nothing. Economic warfare is the only civilized strategy.
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