By the Way Polybius, you forgot to mention that that’s the FEDERAL taxes alone (Unless you added the State income tax into your calculation). Now, add to that the 6-10% in State sales tax, and you may very well be paying over 50% and that may not even include state income tax and municipal sales taxes.
Excellent quote, I must add.
No, that was only the Federal income taxes. I was one of the evil high earners.
The more I paid, the more the Democrats said that I did not "pay my fair share".
Fine. I retired last August in my mid 50's, I am still living frugally with lots of savings and Obama will not get one more dollar of income taxes out of me.
I'm much happier now. :-)