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Reply to "if your HH income is around 200K..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Your HHI of $200K, it does not mean you have the total amount. Have you subtracted out your taxes yet? For examples, Federal tax, state tax, SS tax, medicare tax, [b]Obama tax[/b], 99% tax etc. With all these taxes, it total about 40% of your HHI if you are lucky. It can be higher. So here you go, you only have 60% of you $200K or $120K. Now you know why you have no money left.[/quote] I am unfamiliar with the Obama tax. Can you explain?[/quote] tax increase to pay for his ObamaCare.[/quote]
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