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Related: About this forum$38,000 per year at 29% tax rate
Quote: "Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each. This is one of many stunning revelations in new IRS data that deserves a thorough airing in this years election campaign."
I feel so sad for what my kids and gkids are going to be living in unless...
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$38,000 per year at 29% tax rate (Original Post)
tomkoop
Jun 2012
OP
riverwalker
(8,694 posts)1. stunning
this needs to be driven home again and again
freshwest
(53,661 posts)3. This is what I made and paid in the Reagan years in a union job.
I refused all the overtime I could to keep from going above that rate. Half my income went to FICA and the IRS and whatever else they were taking out of my checks. I didn't begrudge paying it then.
pinboy3niner
(53,339 posts)4. Note: OP has been PPR'd