The_Patriot
DP Veteran
- Joined
- May 28, 2010
- Messages
- 1,488
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- Political Leaning
- Very Conservative
Yes, you do-no. I agree totally. In an earlier post I suggested $400,000 as the point where taxes should become quite steep. The average attorney only makes about $90k, the average family MD only makes about $120,000. A lot of people think that is rich, but that is not rich at all. The average specialist MD makes about $360,000 and that is the highest average salary for any common job. Now certainly someone who is particularly sucessful in is career should be able to make a little more than "average", so $400,000K seems to be a natural cutoff point for a large tax bracket hike. If you exclude the top 1% of income earners, the average worker only makes about $40k, so that $400,000 cutoff is ten times average earnings. Also, the top 1% of income starts at, get this - about $400,000. $400,000 seems to be a quite natural taxation point.
What gives you or the government the right to say that someone has earned too much money? Does the President of the United States earn too much money since it's now $569,000* a year tax free? Is the President rich?
* This includes the discretionary spending, yearly salary, travel allowance, and entertainment.
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