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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We do well. I am not complaining and feel very fortunate to have two very good paying careers. But we just did our end of year tax analysis with our CPA and [b]our effective tax rate when adding federal plus DC taxes is 45%[/b] (36% federal, 9% DC and DC is only "low" because a lot of our income is through a DC C-Corp which is taxes slightly lower at 8.5%).

45% of our income going to taxes. Nearly half of what we take home.  And yes -- we are utilizing every single tax strategy under the sun available to us and work with a very good CPA.

So let's change the complaint from "tax the rich" to "tax the billionaires" because [b]the regular rich are playing PLENTY in taxes already. [/b]Sigh.  [/quote]

1. Don't live in DC.
2. Nope.

-- someone who works in tax policy[/quote]

“Nope”?

Great, glad our tax policy folks have such great arguments as to why people should be [b]giving away[/b] half their income in taxes. I feel a lot better now. [/quote]

Actually you should be [b]contributing[/b] 92% at the top bracket, the way you would have in the early Eisenhower administration. When America was “great”!

-Historian of tax policy[/quote]

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