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

To: SilentZ who wrote (586461)	9/20/2010 11:39:35 AM
From: Tenchusatsu	Respond to of 1574472

Z, most people who enter the upper tax brackets do so not because of steady salaries, but because of more fleeting income sources like bonuses, capital gains, and income from rentals and other businesses run on the side. A lot of this can be gleaned off of IRS statistics (though I don't have links as of now). Look at California's reliance on income taxes, which has caused huge swings in tax revenue. Of course our state legislature structures the budget based on the "windfall" years. By the way, your argument is indeed a red herring. If you assume my argument is true, you would not make up the notion that "most people who make over $250K just barely do so." Tenchusatsu