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The Daring Dufas[_5_] The Daring Dufas[_5_] is offline
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Default Senator Obama's Four Tax Increases for People Earning Under $250k

HeyBub wrote:
The Daring Dufas wrote:
HeyBub wrote:
wrote:
On Oct 31, 1:10 pm, "Coleah" wrote:
[While I found this article interesting, ...
We according the the news the morning, the increased taxes
(overall) do not occur until you get to 250,000 or some such number,
well above my income and the income of any taxpayer who would be
classified as middle income.
Assume a couple in the city of Vallejo (suburb of San Francisco).
They've both been on the job about 25 years. The husband is a cop
and he's married to an elementary school principal - your typical
upper-middle-class family. Their combined salary of $282,000 easily
exceeds the 250K threshold. Cop salary
http://online.wsj.com/article/SB1225...googlenews_wsj

Principal salary
http://www.simplyhired.com/a/salary/...+Francisco,+CA


And the cost of living there is what? I'll bet their
expenses in the country of California are a lot higher
than where I'm from. I don't think of their income as
that high for Californiastan. If a cop and a principal
at an elementary school pulled in $282,000 dollars a
year in Alabamastan, there would be an investigation
for criminal activity.


You make a good observation, but federal taxes don't take into account local
costs of living. I suppose if the middle-class folks in San Francisco or
Boston or New York get hit with a tax increase...


That's why a consumption or sales tax is better. Like
what's called The Fair Tax. The only problem I have with
that proposal is "the prebate". I asked one of the people
who was promoting the plan "Who will administrate this
prebate?". His answer was The Social Security Administration.
Geez! That herd of Affirmative Action bureaucrats
electronically kills thousands of American citizens every
year and those killed on paper, as it were, have one hell
of a time getting their life back. That's who he said would
administer the program. What we need is some sort of national
sales tax and nothing else. It has to be low enough so that
people won't try to evade it. You pay your tax when you buy
something new at retail and that's it. No more government
intrusion into your life but the powers to be don't want to
give up control over you.

TDD