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[quote=Anonymous][quote=Anonymous]Even at that top MARGINAL rate of around 40%, the effective hourly rate of pay for those in that bracket is still plenty higher than that "poor" friend (I put that in quotes because I'm "poor" too, but live a perfectly fine life). And I don't know about OP, but many Republicans with the $200+ per hour pre-tax income, who think there is no incentive to work if you only get $120 of it after tax, complain about the laziness of those who get some help from the government to support their families on $8 or $10 per hour.[/quote] If our income goes down because of higher taxes, which it clearly will to pay for Obamacare at the very least, where you do think we'll cut our budget? I can tell you charitable contributions, which are about 8% of our budget, will be among the first to go. I'm not going to give up my housekeeper or private school if my taxes go up.[/quote]
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