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To: stuartcr

The problem is that as your income goes up to that level, so do your taxes. My husband and I together are blessed to make slightly over that mark. However, if you add the taxes from the increased bracket, the rolldown of your itemized deductions, and the lovely alternative minimum tax, we probable take home the same amount or slightly less than people making 20-30 thousand less than we do.
I’ getting tired of getting “soaked” to pay for everyone else. Last year we paid well over 60K in just federal and state income tax, and it could have been more than that - my PTSD over it blocks out the real number unless I go back and look it up. If socialized medicine comes along, I plan to retire, dramatically reduce my income, sell my big house in favor of a smaller one, and change my lifestyle a lot. It won’t hurt me at all, but it certainly will hurt the car salesman, the appliance store, the home depot guy......


73 posted on 07/07/2009 11:41:31 AM PDT by Mom MD (Jesus is the Light of the world!)
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To: Mom MD

“It won’t hurt me at all, but it certainly will hurt the car salesman, the appliance store, the home depot guy......”

Worse yet, the most hurt will be your patients. Imagine if this thinking applies to only 1/3 of the MD’s out there.....


78 posted on 07/07/2009 11:53:38 AM PDT by CSM (Business is too big too fail... Government is too big to succeed... I am too small to matter...)
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To: Mom MD
I’ getting tired of getting “soaked” to pay for everyone else.

I don't blame you. Unless you love your job and would do it for little or no pay, may as well figure out how to quit. Just my opinion. I did it years ago (engineering). I don't miss working for half of what I earned, although I do miss the challenges of solving complex calculations so I freelance now and then to keep things interesting. It's nice to chose when to work - and I keep tabs of if I'm earning too much and will end up in another tax bracket. Then I don't take on any new jobs until the new year starts - or have them delay paying me until then.
99 posted on 07/07/2009 1:11:12 PM PDT by CottonBall
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To: Mom MD

That’ll fix’em

Well, I wish you well in your retirement. I will eventually, but I doubt my lifestyle will change much, even with a reduced income.


102 posted on 07/07/2009 1:28:00 PM PDT by stuartcr (Everything happens as God wants it to...otherwise, things would be different.)
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