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View Diary: Dems urge vote on extending middle-income tax cuts (94 comments)

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  •  Why? (0+ / 0-)

     I'm not into "socking it to the rich", and I don't think all income should be levelled.  People should be able to enjoy what they've earned.  However, those who make more should give back more to the community which helped them become so wealthy.  $250K a year affords a pretty nice lifestyle in just about every city in the nation, and in some it can support a lavish lifestyle.  After that, we're talking about extreme wealth.  Besides, that's $250K for a couple, presumably with a family.  The limit for single-filers is $200K

    •  The old rates before befor the Bush cuts... (0+ / 0-)

      ...were nowhere near a leveling of incomes. Even the under 150,000 rates before Reagan were not anything like a leveling like you are misconstruing them.

      I once paid those rates and did not think of them as any sort of leveling.

      But I guess you think touching anyone’s rates over 155k is taxing you unfairly; 250,000 is about four times the median American income.

      Perhaps you don't know how the average (median) American family lives and those are the taxpayers who need a break and won't get enough of one, even if the Bush tax cut are restored to buy a quarters worth of mandated health insurance premiums. They are just the charity cases right? Forget they pay about 55% of their disposable income in ALL taxes state, local, FICA, payroll, sales and federal/state/and/local hidden taxes. In fact the poorer one is the greater percentage in ALL taxes they pay of their disposable incomes. Hell lets mandate some more taxes on those people and see if we can start a shooting class war.

      The young man who has not wept is a savage, and the old man who will not laugh is a fool. George Santayana

      by Bobjack23 on Mon Nov 15, 2010 at 03:56:00 PM PST

      [ Parent ]

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