View Poll Results: Who would miss 5% of their pay check and what income bracket are you in?

Voters
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  • I think Upper class-$500,000 or above would miss 5% a year ($25,000 and above)

    7 29.17%
  • I think Upper-middle class($250,000 - $500,000) would miss 5% a year($12,500-$25,000)

    8 33.33%
  • I think Middle-middle class($125,000 - $250,000) would miss 5% a year ($6,250-$12,500)

    11 45.83%
  • I think lower-middle class-($50,000 - $125,000) would miss 5% a year($2,500-$6,250)

    12 50.00%
  • I think Lower class($0 - $50,000) would miss 5% a year ($0.00 - $2,500)

    16 66.67%
  • I or my household would be considered upper class income bracket

    0 0%
  • I or my household would be considered upper middle class income bracket

    5 20.83%
  • I or my household would be considered middle-middle class income bracket

    2 8.33%
  • I or my household would be considered lower middle class income bracket

    5 20.83%
  • I or my household would be considered lower class income bracket

    9 37.50%
Multiple Choice Poll.
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Thread: Who would miss 5% of their pay check and what income bracket are you in?

  1. #11
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    I cannot answer this poll, because the answer I would give is not on it. No matter my income bracket, if the government took an additional 5% of my pay check, over and above what they are taking now through income taxes, then they have committed theft.
    Last edited by danarhea; 01-21-10 at 01:35 PM.
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  2. #12
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    I would miss 1% of my paycheck.

    Hell, it's mine, and I care very much for it.

  3. #13
    Educator Winnb's Avatar
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    Who WOULDN'T miss another 5% of their paycheck? I'm already taxed enough.

    Are you saying an extra 5% or a flat tax of 5% and no other taxes? Lots of gray area here man...
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  4. #14
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    Right now my wife is not working and is finishing college. So yes, right now I would miss 5%. Once she is working again. Probably not since we can (barely) make ends meet right now and we did great over Christmas while she had a part-time minimum wage job during Christmas break.

    By the way, I find it hard to believe those brackets. According to the this, the median household income is about $52,000 (in 2008, but it probably has gone down from there due to the high unemployment).

    http://www.census.gov/prod/2009pubs/acsbr08-2.pdf

  5. #15
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    they turned off my gas Monday, due to being behind $41.00. what does that tell you about my financial situation?
    "Don't be particular bout nothin, but the company you keep"

  6. #16
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    Opps, I screwed up and only voted for the options directly applying to me.

    Yeah, I'd miss 5%. Especially if it was 5% after taxed income

  7. #17
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    It really is all relative.

    If taxes were raised 5% more, and then (for all intents and purposes) everyone forgot it was raised and assumed the new higher tax had been like that for 100 years - would people be actually less happy?

    I don't think so.

    For example: 42 inch TV's were the best at satisfying people until 50 inch ones came out...it's not like 50 inch TV's make someone happier than a 42 inch, but knowing you could get a 8 inch bigger TV creates the lack of happiness; and buying the 50 inch TV makes you happy to negate the void created when you had the older model.

    So if you never new there was a tax raise, yet you were making less money, I would guess you would be just as well off in terms of happiness - since just like the 42 inch TV, you never thought of the future (or past in the tax case) that there was a 50 inch one (and in this case - less taxes).

    Get what I am saying?
    "Two things are infinite: the universe and human stupidity; and I'm not sure about the former" - Albert Einstein

  8. #18
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    Ya I gotta agree with everyone who has said that the numbers don't make much sense. $125K is lower-middle class? $250K is middle-middle class?
    Even here in DC where the cost of living is very high...if you're making $125K you're doing pretty well.

    But to answer the question, I think if you're making less than $100K you're probably going to miss 5% of your paycheck. If you're making $100K-$200K, you might or might not depending on your circumstances. If you're making more than $200K, you probably won't miss it. Obviously there are exceptions to all of those, but in general that's how I see it.
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  9. #19
    Educator ScottD's Avatar
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    Re: Who would miss 5% of their pay check and what income bracket are you in?

    I would not miss 5%.

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