Well kiss this year’s tax rates goodbye for either good or bad. If the Republicans win in November, taxes will go down to stimulate the economy. If the Democrats win, taxes will go up to pay for more social programs ( that usually don’t work ). If Bernie Sanders wins, most people in this area will pay 40% federal income tax alone, plus Social Security taxes and state and local taxes. So enjoy it the way it is now maybe.
@Greg: Federal rates CURRENTLY top out at 39.6%, and CA at 13.3%. The only way for Bernie to raise enough money to sustain his programs is to BROADEN the tax base by having high rates kick-in sooner– exactly the way it works in his beloved Sweden.
Finally, somebody get’s it right! [Thanks to Emancipation Day in DC].
I think I just bought a predator drone for Mr. Obama.
I hope they enjoy a “vacation on us.” And a new car, a little something for the kids. And 10% to the church…
Help me. Someone please help me.
Flat Tax. Now!!
No taxation without adequate – and sane – representation!!!
I need an editor…
@JB – Don’t we all…….
Well kiss this year’s tax rates goodbye for either good or bad. If the Republicans win in November, taxes will go down to stimulate the economy. If the Democrats win, taxes will go up to pay for more social programs ( that usually don’t work ). If Bernie Sanders wins, most people in this area will pay 40% federal income tax alone, plus Social Security taxes and state and local taxes. So enjoy it the way it is now maybe.
@Greg: Federal rates CURRENTLY top out at 39.6%, and CA at 13.3%. The only way for Bernie to raise enough money to sustain his programs is to BROADEN the tax base by having high rates kick-in sooner– exactly the way it works in his beloved Sweden.
Yeah, try living abroad and being taxed twice because Uncle Sam is greedy, greedy, greedy.