alexkerhead
Veteran Member
Basically, with my crappy business, I make about $22K a year, I keep about $15K(to spend willfully) after income tax.Erik said:That doesn't answer my question at all, so let me ask another:
What percentage of taxes do you think the bottom 50% of wage earners pay? I.e. if there are 100 million people in this country earning money, what percentage of taxes do the 50 million on the lower half of the pay scale pay?
Bill Gates make billions a year, and get to keep billions a year.
Of course he pays more taxes, he makes a crap load of money. But our government didn't take into consideration the fact that if they did charge everyone the same amount of tax, lets say 33% to be close, my cost of living isn't any cheaper than the rich guy's, he just has more disposable income to waste. Well, I don't get too much isposable income.
EX:
Poor fella(me): makes $22K a year and has to spend a minimum of $14K a year on bare necessaties, after my $7K worth of taxes, I have $1,000 to spend as disposable income.
Rich fella: (some guy): makes $100,000 a year and has to spend a minimum of $14K a year on bare necessaties, after his $33K worth of taxes, he will have $53,000 to spend as disposable income.
So, while only making 4x more than me, he can buy 53x the things I have.
$14K is an estimate of living in a one room apartment on the bad side of town eating home meals only.
$28K would be a comfortable single's existance.
Luckily I still live at home whilst in college.
Basically, equal taxing isn't fair, considering the lower class works harder than most richer people. Poor people should be taxed far less because of the cost of living factor, something rich repulicans never take into cosideration or don't give a fart about.
I hope this helps clear my opinion up..lol
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