Reply to For those with high HHI ($500K), tax saving strategies

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[quote=Anonymous]All the whining about taxes from people making so much is nauseating and uninformed. These people love to trot out the hackneyed statistic that all the people making the most money are paying most of the federal income tax, yet they never stop to consider what they just said — they pay the most tax because they make the most money! More importantly, however, when one considers TOTAL taxation — federal income tax, state income tax, local property tax, sales tax, payroll tax, personal property tax, etc. — people like OP pay similar portions of their income in taxes compared to middle wage earners.

I’ve never understood why people who have benefited so much from the US system/society begrudge paying somewhat more taxes than those who haven’t. Yes, these people use the same streets as the poor person, but they have extracted much more from the society’s overall structure and opportunities. Yes, to some degree that may reflect personal choices, but not completely. [/quote]

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