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

To: i-node who wrote (397372)	7/9/2008 11:40:19 AM
From: Alighieri	Read Replies (2) \| Respond to of 1575761

Now, combine that with a 30-50% in federal and state income taxes, and the picture becomes very clear -- an attorney who would earn $300,000 is now 90-100k after taxes. You keep spinning negative...this lawyer, assuming his 300K taxable income, he is married filing jointly, tops out at 50% in most states, and that's assuming he is paying 15% FICA and medicare on all his wages. That same lawyer is probably paying 15% on his cap gains, and has shelters up the wazoo... Al