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Reply to "Do you feel like a sucker if you grew up Middle Class and your family obeyed all of the rules..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m not sure what everyone thinks they deserve. 20, 30 and definitely not 40 years ago did we have the expense of Starbucks, cell phones, travel soccer, and everything else that eats into our pockets. Look at the difference in how we live now vs then, honestly, and then compare. Also, not everyone deserves to be rich because you think you do. [/quote] I don't need to be rich or even need a vacation every year or ever. I just want to not live pay check to pay check and be paid commensurate to my education and experience. I would also like people to pay their fair share of taxes. Yes, I think people who are the top 20 percent and above should pay more taxes so that we can feed poor children. Call me a socialist or whatever you want. I just think feeding and educating children is important. [/quote] When was the last time you fed a starving child?[/quote] I pay my taxes unlike rich people.[/quote] Please educate yourself. From the Tax Foundation: In 2015, the bottom 50 percent of taxpayers (those with AGI below $39,275) earned 11.28 percent of total AGI. This group of taxpayers paid approximately $41 billion in taxes, or 2.83 percent of all income taxes in 2015. In contrast, the top 1 percent of all taxpayers (taxpayers with AGI of $480,930 and above), earned 20.65 percent of all AGI in 2015, but paid 39.04 percent of all federal income taxes. In 2015, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid $568 billion, or 39.04 percent of all income taxes, while the bottom 90 percent paid $428 billion, or 29.41 percent of all income taxes. The 2015 IRS data show that taxpayers with higher incomes pay much higher average income tax rates than lower-income taxpayers.[4] The bottom 50 percent of taxpayers (taxpayers with AGIs below $39,275) faced an average income tax rate of 3.6 percent. As household income increases, the IRS data show that average income tax rates rise. For example, taxpayers with AGIs between the 10th and 5th percentiles ($138,031 and $195,778) paid an average effective rate of 14.0 percent – nearly four times the rate paid by those in the bottom 50 percent. The top 1 percent of taxpayers (AGI of $480,930 and above) paid the highest effective income tax rate, at 27.1 percent, 7.5 times the rate faced by the bottom 50 percent of taxpayers. Taxpayers at the very top of the income distribution, the top 0.1 percent (with AGIs over $2.22 million), paid an even higher average income tax rate of 27.4 percent. https://taxfoundation.org/summary-federal-income-tax-data-2017/[/quote]
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