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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Why should I pay 39.5% of my income because, well, I have it? 50% of Americans pay no federal income tax at all. If the feds want the dual income professionals to have one spouse SAH, raising taxes is an awesome way to do it. When taxes are lowered, people don't just sit on the money they don't have to give up. They give more to charity and they spend more on goods and services, which affects other people's businesses and jobs. I can look myself in the mirror with no problem. (I'm not the PP, however). Actually this is not true. People in the category of $1M+ don't change their consumption patterns much based on small changes in income. It affects what they save, because they typically already save more than they spend.[/quote] My father is like that. He has tons of money and just saves it. Nobody needs that much stuff. I guess my children will get a great inheritance, but that doesn't help charity or businesses or anything right now. [/quote] So let's steal some from him to fund largess. Who cares how hard he worked for it. [/quote]
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