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Reply to "Fellow liberals - please flame me"
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[quote=Anonymous][quote=Anonymous]I am a liberal who believes in equitable tax burden sharing, meaning I feel that those of us who make more should be taxed at a higher rate. My husband and I, after multiple years of graduate training, now do make in the low-to mid 6-figures. I know, compared to most, we make a lot. Still, I feel bitter about this increased Maryland state income tax. [b]Perhaps because it is not a graduated tax, I feel that when it comes to state and local taxes, we should all be taxed equally as far as tax rates. For federal income tax, with graduated tax rates, I understand the concept of the top portions of our income being taxed at higher rates.[/b] We pay for a nanny, becuase my hours do occasionally have to go over 6 pm (I'm a doctor). Now we have preschool costs on top of that, and private school would be impossible with the nanny cost as well. I need some fellow liberals to help me readjust my attitude, so I thought venting here would put me in my place, as the flamers come at me:)[/quote] Maybe part of the problem is that like many people you don't understand taxes? MD's tax system is graduated in exactly the same way as the federal system. Look at this chart, and then if you want you can do the calculations, but the purpose of calculating tax as "$x plus y% of the amount over z" is to give you the benefit of lower rates on the first portions of your income. http://individuals.marylandtaxes.com/incometax/ratesbrackets.asp And complaining that a .25% increase in your taxes is going to prevent you from sending your kid to private school suggests either you don't have a handle on taxes, or else you don't have a handle on your spending.[/quote]
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