Quote:
Originally Posted by Flash Walken
What I'm saying is, if the tax floor is X and only Y amounts of people earn enough to reach it, maybe it isn't the tax floor that needs lowering, but that wages need to be increasing.
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Right. That's what I thought you were saying.
The tax floor is a lot higher than you might think. I've probably only actually 'paid' federal income tax maybe 10 years out of my adult life (roughly half), because the rest of the time I either made too little to be required to pay or had enough dependents to offset the increase in my income.
Again, a huge problem in my eyes is that our government 'refunds' people with little or no income in huge numbers as a way of subsidizing their income. It was great when I was getting it as a young guy, but it is not very fiscally sound.
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I am in love with Montana. For other states I have admiration, respect, recognition, even some affection, but with Montana it is love." - John Steinbeck
Last edited by Displaced Flames fan; 07-31-2011 at 12:00 PM.
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