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[quote=Anonymous][quote=Anonymous][quote=Anonymous]And even if you do fall into that battered 1%, the chances that you created a single job this year are even less than 1%. So pay up and shutty.[/quote]

Not the PP, but I guess I am in your 1%.  I am right on that margin, and I hired a nanny. That negligible increase does make a difference to me and if it increases too much, I will have to let my nanny go.

I am a believer in we all got ourselves into this mess, we should all be a part of getting ourselves out of it.   The democrats seem more intent on paying entitlements to more than 50% of Americans than getting at the root cause of our fiscal problems.   All I hear is that I make too much.  I don't make too much.  It would be different if I lived in Iowa, but I live in suburban DC, and my $200K, which varies with the economy, doesn't go very far.   If I have a successful year in my business, I'll get hit.  Why should I bust my butt to have a successful year, then?  Such a disincentive.  [/quote]

If you make right around $250K then you are not likely to be affected.  Do you really mean that you do not have enough deductions to lower you below $250K?  No mortgage deduction, no child-care deductions, no charitable donations, or pre-tax FSA's, 529's, 401K's, IRA's, etc that would reduce your pre-tax wages?  If after all of your deductions, you still have a net income over $250K, then you really are sufficiently over $250K that you are the targeted group.  You would then belong to the group of individuals/families that have had the lowest marginal tax rates since 1932, except for a brief blip from 1988-1992 (thank you GHWB 40).  The marginal rate for the top tier is at 35%.   The current plan is to return it to the pre-2007 marginal rate of 39.6%.   From 1932 to 1981, the rate ranged from 63% to 91%.  And you're complaining about one of the lowest tax rates in the last 80 years?  Here are the numbers:

[url]http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=213[/url]

And for the PP who wondered what the first quote comment meant...the Republicans have been rejecting returning to pre-2007 tax rates for the highest margin (remember, only 4.6%) because they claim that that demographic include the businessmen who are providing new jobs.  They say that if you eliminate the existing tax cuts for the wealthiest group, that they will no longer have the means to create more jobs and decrease the unemployment rate.  So, if you are in the top bracket and are NOT creating jobs, then you are not in the group that the Republicans are trying to defend from eliminating your tax burden.

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