But Cabin 4.
Are you taking into acount all of your pay?
he may be thinking of all the hidden pay you do not see like the 2 dollars your employer sends to match the one you send for Social Security and medicaid, the cost of any and all health insurance your company supplies and other items Take your pay and now add all the extra pay as well as any benefits you recieve, how much do you make now? This is much like Al Gore said anyone making 250 a year was a millionaire and all millionaires need to pay more in taxes.
Also 250 in some parts of the country are not as much as you think.
80 a year is great in NC but to have the same life style in the bay area you will need to make close to 200 a year.
Also anyone making 250 or more are the ones that hire other people. If you raise their taxes, they are not going to do with less they will cut back at the employees, After all if you have a company and hire three or four people make over 250 a year and now you are taxed so you have to do with less, less house, less fun, less what ever, know your business will suffer because of it, you will look to get rid of one of your four employees to make up the difference you will loose due to less $ to spend. Now the "rich" will still have everything he worked for but one of the other people will now have to do with out as some jackass thinks he makes too much money and should have to give it away so someone else can spend it "better" than the guy who makes it. The best way is to lower taxes across the board! Get rid of other taxes that have been out dated and to lower sin and use taxes to free up disposable income. With more disposable income more jobs will be created, more products will be made and prices will go down as incomes go up.
the government should take no more than 10% of your income. Roman citizens would RIOT and kill government officials when the tax rate was over 8%. We had a revolution and toss out the King and parlament over a 5% tea tax.
I now Pay more than 50% if you add up all the taxes, hidden and open, State, federal, personal property, fees and use taxes. not to mention the taxes of the companies that produce the goods and services I use. Companies look at Taxes as a business expense and add them into the cost of the good.
So raise the taxes on people, and a corperation is a person under the tax law, and the price of goods will rise.
