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re: These charts seem to decisively show how lenient the tax system is for the middle class
Posted on 4/20/24 at 9:26 pm to HailHailtoMichigan!
Posted on 4/20/24 at 9:26 pm to HailHailtoMichigan!
Posted on 4/20/24 at 9:28 pm to HailHailtoMichigan!
quote:
seem to decisively
Posted on 4/20/24 at 9:32 pm to HailHailtoMichigan!
No one wants to hear it.. but the “middle class” has been getting a hell of a deal since the 80s.
Posted on 4/20/24 at 9:37 pm to HailHailtoMichigan!
I owed 43k to the feds for 2023. I'm just a W2 guy with a brokerage and retirement account.
I think I'm at the epicenter of the taxpayers getting fricked.
I think I'm at the epicenter of the taxpayers getting fricked.
Posted on 4/20/24 at 10:00 pm to SoFla Tideroller
quote:
Tax withholding was one of the greatest scams foisted on the American public. A prime example of the slow boiling frog. If every taxpayer was required to write a check on April 15, they'd hang every senator and congressman the next day.
I’ve always thought you should have to write a check and it should be due the last Friday in October.
Posted on 4/20/24 at 10:18 pm to HailHailtoMichigan!
You don't understand tax burden.
Middle Class is being wiped out, because its ability to handle the taxes imposed on it, is getting worse and worse.
A millionaire is able to handle the burden much easier. They also have many ways to spread out their money to avoid various taxes at various times. Loopholes. Legal yes, but not something most of the middle class know about.
Middle Class is being wiped out, because its ability to handle the taxes imposed on it, is getting worse and worse.
A millionaire is able to handle the burden much easier. They also have many ways to spread out their money to avoid various taxes at various times. Loopholes. Legal yes, but not something most of the middle class know about.
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