Reply to Who should this person vote for in the presidential election?

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[quote=Anonymous][quote=Anonymous]Not Sandy because HHI closer to $150k.  What frustrates me about raising taxes is, when does it stop?  So many are ok that we are pushing 40%. That is so crazy. I paid 36% income tax. I can't believe in someone who thinks raising taxes is the answer. That is no solution - it is a cop-out. Fix the budget and stop spending money you don't have. I don't have answers, but I know we can't continue this. When does it stop? 50%? 60?  I oppose anyone who sees raising taxes as a solution. [/quote]

If your HHI is $150k, you paid nowhere near 36% income tax.  Your top federal income tax rate is 28%, and the vast majority of your income is taxed at a dramatically lower rate.   Even if you factor in state income tax, you aren't close to 36% when you consider marginal rates and deductions.  Just stop.

Wait a minute - "[b]I don't have answers, but I know we can't continue this[/b]."  Holy crap, Mitt Romney posts on DCUM.  Wait, no, that can't be it - the purported tax rate is far too high.  Paul Ryan?  [/quote]

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