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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have a friend who makes $86,000 a year. He has a SAHW and a grown son.  He doesn't know what I make but knows it's more than what he makes.

I am confused and, truthfully, a bit angry that he thinks I should pay more federal, medicare and state taxes, as a percentage, than he does.  I do not understand why progressive taxation would incentivize me - my spouse makes over $200,000 a year, so I don't have to work - to keep working outside the home. Why doesn't my friend, and other people in lower tax brackets, understand this and think 39% or more is a reasonable tax rate for families with HHI of over $250K a year?[/quote]

Your tax rate is not going to be 39%, first of all.  Your tax rate will probably not go up at all unless your husband makes well over $200K.

Second, Progressive taxation is an idea that even conservative economists like Milton Friedman endorsed.  It is a near-universal notion, so getting angry at your neighbor for it is not worth your time.  Almost EVERYBODY believes in it.[/quote]

PP, don't confuse our progressive taxation system with the recently (as in the past ten + years) adopted term for liberal aka Progressive.  You're basically trying to say that the father of conservative economic thinking has long endorsed a liberal position.  Per our friends at Wiki: "Progressive" describes a distribution effect on income or expenditure, referring to the way the rate progresses from low to high"[/quote]

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