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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (180660)1/16/2004 7:27:08 AM
From: Road Walker  Read Replies (1) | Respond to of 1572259
 
Joe,

re: Can you please tell me what, to you, is a normal pay check, and how 35-40% of it is taxed through "Payroll and other taxes"?

Include real estate taxes, sales taxes... and you might get above the 40% mark.

John



To: Joe NYC who wrote (180660)1/16/2004 12:37:52 PM
From: American Spirit  Read Replies (2) | Respond to of 1572259
 
Ever heard of FICA and all those things? They get taken out up front for working people. Wealthy people can avoid all that by self-incorporating, then writing off all sorts of things including travel, entertainment, etc. That is the fundamental unfairness of it all. When Bush took away the estate taxes for even multi billionaires he proved right thre who he was really serving.


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