[old and tired]

They’re paying 24% in taxes? Would they support the Fair Tax? They’d pay less.

Really? Right now I also pay more than 50%. 24% actually sounds pretty good to me. Families in the 200k to 500k or 600k in earnings (i.e. many families in the urbanized northeast) are paying the freight for a lot of the country. The really rich can hide their income. But the HENRY's (High Earners - Not Rich Yet) are slammed by the AMT and property taxes.

[old and tired]

The more I think about this example, the less I believe it. This guy is paying about $800 a month in car payments. And we're supposed to believe he's paying less than a third of his income in taxes? Yeah, right.

I guess those kinds of car payments are possible for a family in the lower tax brackets, providing they own their home outright. But generally, folks who've troubled themselves to pay off their mortgages don't take out assinine car loans.

[Calm_Cool_and_Elected]

Exactly. We probably paid 24% when we were their age.