Four years ago, my federal taxes were much higher than this couple’s entire pre-tax income. This year, thanks to cutting back to avoid funding Obama/Pelosi, my total taxes will be about half what this couple is paying for private schools for their kids. The difference? Instead of blaming Bush, the regime should blame John Galt. I’m now a follower.
I'll admit that Obama's promise to cut taxes for 95% of all Americans was fulfilled in our case. We've seen a humongous cut in our taxes, a couple of years ago we also paid more in taxes than this couple's entire income. We're still paying more in taxes than they're spending on private school tuition.
When tax rates go up next year, I think I can be a whole lot more creative with my business expenses, since I watch my pennies, drive a 13 year old car and my office furnishings date to the Nixon era. I'd sure like to have a carved antique office desk like Zero has! I also see that there's a conference on Maui next year that would be tax-deductible...
I consider it my patriotic duty to minimize my taxes until this gang is run out out of town!
We must starve the government. We must cut back our lifestyles. We moved to a lower cost area, have a much smaller house. My wife quit her job so we do not have a daycare expense. We grow a garden and drive fuel efficient cars. The goal is to be less dependent on the system. At the end of each month we have more money than we had before!
Thank you for your financial sacrifice on behalf of the greater good of the country.