[Mom MD]

no, but it is very difficult to accumulate when you are in the higher tax brackets. My husband and I are by no means rolling in it, but we just make the top tax bracket. RIght now our marginal tax rate is north of 50%. I recently had to send one of my kids to an expensive school (and college is coming up).
That means every extra dollar I need to help my family, I have to make over $2 dollars just so I can give my "fair share" to the government
I am tired of it, and we are cutting back on our income as much as we can afford. It does not pay to work. Your reward is a higher tax bill and others enjoying the fruit of your labor. And this isn't even April -- don't even talk to me then.
/rant off

[lewislynn]

I recently had to send one of my kids to an expensive school (and college is coming up).

Oh you poor thing.

[pigdog]

By all means you should check out the FairTax Rate Calculator to see if the FairTax won't lower your effective tax rate. It sounds as though it would help greatly.

There are only 8 questions, it's anonymous, and is easy to use. Just do a thoughtful job and when you don't know any figures estimate as closely as p[ossible. Also, keep in mind that in question 6 (from memory), political contributions are also deductible but not so mentioned.

[pigdog]

Oh, and when using the FairTax Rate Calculator in the link I gave, be sure to note that tuition is one of the many things that reduce your effective FairTax rate.

The nonsense you read from many of the FairTax opponents of "everything costs 30% more" (or even more) is just that - nonsense. Find your real effective FairTax rate and become informed (and empowered).