Friday, September 17, 2010

Tax 'Em

WASHINGTON – Here's some pressure for lawmakers: If they don't reach agreement on extending soon-to-expire Bush-era tax cuts, nearly all their constituents back home will get big tax increases.

A typical family of four with a household income of $50,000 a year would have to pay $2,900 more in taxes in 2011, according to a new analysis by Deloitte Tax LLP, a tax consulting firm. The same family making $100,000 a year would see its taxes rise by $4,500.

Wealthier families face even bigger tax hikes. A family of four making $500,000 a year would pay $10,800 more in taxes. The same family making $1 million a year would get a tax increase of $53,200.
Wonder why the AP writer neglected to mention that the family of four with a household income of $50,000 a year didn't pay any taxes last year. In fact, they got a few hundred back in free money.

Is $2,900 out of $50,000 too much for a family of 4? Is it too much to pay for all the things the federal government does? Would it even cover the costs of killing as many brown people as possible in 2 wars?

The odd thing about the politics of this is that everyone wants to not have to pay federal taxes.. but they want all the stuff the federal government provides. You can't have both, the math doesn't work.

The problem with America is the Americans.

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