Quote Originally Posted by vetbass View Post
http://www.alternet.org/story/150625...t/?page=entire

I paid around 30% fed income tax along with state and city taxes--vehicle tax--boat tax-property tax-sales tax-soc secur tax-city school tax--capital gain tax-various business taxes and probably a handful of other taxes i cant think of at the moment

do you think i hit the 40% mark
I finally see where you're going with this, and I can see where someone could end up paying more in taxes, especially since you're going to lump in property taxes and vehicle taxes.

I really don't get hit too bad there, because I've NEVER purchased a new car, and my house is a very modest, AFFORDABLE house.

But I guess someone making 50k and living above their means with 2 30k cars and a a 150k house might be paying more in taxes........OTHERWISE, your example doesn't hold water.

In my own example, I have to try pretty dang hard to come up with 40%. REALLY HARD.....but hey I guess we will have to agree to disagree........