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


To: Brumar89 who wrote (652907)4/26/2012 10:15:46 PM
From: J_F_Shepard  Read Replies (2) | Respond to of 1579702
 
There are a few people that think like that but they're no bodies..... and I know a few. If you're collecting SS and you earn money that puts you beyond a certain number, some of your SS income is taxed. I am affected every year .....are you going to tell me that a person would give up an opportunity to earn 100K so he wouldn't lose a few thousand or more of his SS...? Nonsense. But that has nothing to do with our discussion.....I continue to maintain that it's only percentage of AGI that counts....



To: Brumar89 who wrote (652907)4/26/2012 10:16:18 PM
From: Tenchusatsu1 Recommendation  Respond to of 1579702
 
Brumar, > On the contrary, the rate on marginal income affects incentives to earn more.

Still arguing with Crazy Joe?

OK, how about this? You can raise the top marginal rates to above 90%, yet you won't see the average tax rates move up by much.

Two words: Laffer Curve.

Tenchusatsu