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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]With all due respect, why is family size not taken into consideration in the calculator? A GS-15 supporting himself vs a GS-15 supporting a family of 10 is a huge difference.[/quote] Seriously Dude, do you know any GS-15s with families that large? I am a GS-15 with a father that was a GS-15. Generally, these types are too damn smart to have that many children. Education/intelligence is usually an inverse relationship.[/quote] Yikes, that's rude. Ivy grad attorney. Actually, he supports 11. [b] And I still hold the calculator to be almost meaningless when it does not account for how many people that income supports.[/b][/quote] What is so difficult for you to understand about this? It simply tells you how your income compares to the rest of the country. Nothing more, nothing less. It's not intended to be a commentary on the lifestyle of someone at a certain percentile. [/quote] But the thing is, it is being USED that way...as a way to describe how those making above a certain percentage of the rest of the country should be paying more in taxes b/c they have so much extra that it shouldn't be a burden to them. But what we are saying is that it WILL be a burden to many of us in the top 98 or 99%. So that should be taken in consideration. Think about folks living in NYC..and not necessarily just Manhattan. The argument that all of us who live in Metro areas where the housing is expensive are making a "choice" to live there is ridiculous. There are jobs to be done here. We are stepping up to do them. Someone must, after all. And while lots of them pay more to compensate for the extra cost, many do not and most don't come close to paying enough extra that it closes the gap on cost of living vs say, Hartford or Pittsburgh. So while we do have 'fringe' benefits to living in a nice metro area such as arts, culture, etc. Many, if not most of us can't afford to really take advantage b/c of the cost of living wiping out so much of our disposable income. Although we are lucky that here in DC, museums are free, those in NY, Boston, LA and San Fran aren't so lucky. So while to some degree, yes, it is a "choice" not all of us have the option of just picking up and finding work in a more affordable city. So I believe that if you are going to foist more tax burden on folks based on income, you should factor in what that income means to different folks in different places. [b]And yes, it should consider family size, too. Otherwise, it amounts to penalizing folks for having children.[/b] [/quote] Precisely. The dedctuons I take for my children automatically push me into the Alternative Minimum Tax, because those deductions are treated the same as if I were makin things up to avoid taxes. This penalizes us about $2K, which really hurts a GS-15 family of 11. Dependents should be their own category of deductions.[/quote] I H8 the AMT![/quote]
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