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View Diary: 15% Rule (29 comments)

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  •  My sole criticism.... (1+ / 0-)
    Recommended by:

    ..... of this Diary and the ideas underlying it is that we need more representation in Congress from those not making enough to owe 15% in federal taxes.

    (Such are currently void of Congressional representation despite being estimated as as much as one-third of American adults.)

    But as for those making six figures? You bet! Pay a net 15% or better, or stay the F away!

    "I have to remember that while Jesus dined with publicans, there is no record of his consorting with Republicans." -- entlord

    by thanatokephaloides on Sat Aug 23, 2014 at 08:26:32 AM PDT

    •  Agreed... (2+ / 0-)
      Recommended by:
      ban nock, thanatokephaloides

      ...but typically if you're earning, say $150k, you're working for a company or self-employed paying regular tax at >15%.  If you're on $500k then you are able to dodge a lot of tax.  Buffett pays around 17% but he could pay less if he wanted...

      I'm all for people on lower incomes running (and wouldn't be subject to the rule). but people like me? Above a certain level, I should pay a bare minimum of tax even if I could legally dodge it...

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