You are totally correct. Teachers are worthless and have no place in society. How dare they expect the dignity of a living wage. |
But it's never been easier and cheaper to do your taxes and maximize deductions and tax planning. Twenty years ago you'd have to hire an expensive accountant but today you can pay $10 for an online tax software package. |
I don't need to be rich or even need a vacation every year or ever. I just want to not live pay check to pay check and be paid commensurate to my education and experience. I would also like people to pay their fair share of taxes. Yes, I think people who are the top 20 percent and above should pay more taxes so that we can feed poor children. Call me a socialist or whatever you want. I just think feeding and educating children is important. |
Not in the DC area, without any family money to help with the house. Also, we use conservative budgeting so our lifestyle is solidly UMC and nothing more. |
Please actually read my comment before posting inane replies. No where did I say anything even remotely close to your comment. Most teachers I know (family and friends) work incredibly hard at a very very difficult job. I personally believe that teachers in most geographies in the US are significantly underpaid. Not only underpaid, they are undervalued compared to other public sector workers such as cops and firefighters. However, not one of them whines about being a ‘sucker’ (what an infantile term) for going into their chosen profession. Salaries are publicly available and stable. No one went into teaching expecting to be able to take European vacations each year and drive a Range Rover. While they are underpaid, they certainly make a living wage. I hope that you are not teaching my children with your demonstrated level of reading comprehension. |
But it's all straightforward. People who just have basic deductions on income are the ones paying 33% with no other options. The. Little people paying the taxes. |
When was the last time you fed a starving child? |
I pay my taxes unlike rich people. |
If you are the "boo hoo/newsflash person", you know you just totally contradicted yourself. Why shouldn't teachers have cushy lifestyles? Seriously, why shouldn't they make 6 figures? |
|
That's not entirely true. All kinds of jobs are had through connections. You needed connections to get factory jobs, mill jobs, mine jobs, a good word put in with the farmer down the road, and so on. I got a job in a restaurant once because someone knew someone. |
| I want my littles to be successful and not have to live like I did. Me and the hubby are MC but it’s hard. We have to put 5 kids through school and it’s going to be tough. But we can do it. Blessings. |
Again, reading comprehension. Try it. There is nothing wrong with choosing profession or 9-5 that aligns to your interests and abilities, despite it not being high paying. My problem is with the OP and public school teacher posters who lament choosing a 9-5 / middle class profession and then gripe about not being able to afford luxuries in life. If you want to be UMC and afford a cushy lifestyle, then you need an income that pays more. Teaching does not pay for an UMC lifestyle and everyone knows this. |
Please educate yourself. From the Tax Foundation: In 2015, the bottom 50 percent of taxpayers (those with AGI below $39,275) earned 11.28 percent of total AGI. This group of taxpayers paid approximately $41 billion in taxes, or 2.83 percent of all income taxes in 2015. In contrast, the top 1 percent of all taxpayers (taxpayers with AGI of $480,930 and above), earned 20.65 percent of all AGI in 2015, but paid 39.04 percent of all federal income taxes. In 2015, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid $568 billion, or 39.04 percent of all income taxes, while the bottom 90 percent paid $428 billion, or 29.41 percent of all income taxes. The 2015 IRS data show that taxpayers with higher incomes pay much higher average income tax rates than lower-income taxpayers.[4] The bottom 50 percent of taxpayers (taxpayers with AGIs below $39,275) faced an average income tax rate of 3.6 percent. As household income increases, the IRS data show that average income tax rates rise. For example, taxpayers with AGIs between the 10th and 5th percentiles ($138,031 and $195,778) paid an average effective rate of 14.0 percent – nearly four times the rate paid by those in the bottom 50 percent. The top 1 percent of taxpayers (AGI of $480,930 and above) paid the highest effective income tax rate, at 27.1 percent, 7.5 times the rate faced by the bottom 50 percent of taxpayers. Taxpayers at the very top of the income distribution, the top 0.1 percent (with AGIs over $2.22 million), paid an even higher average income tax rate of 27.4 percent. https://taxfoundation.org/summary-federal-income-tax-data-2017/ |
Wow, "littles," "hubby" and "blessings" all in one post. That's a DCUM trifecta. |