Replies

I haven't been subject to withholding tax for most of my life either. The point everyone is trying to make to you is that when the federal government is eating over 40% of the GNP and with at least two other levels of government adding taxes to the mix, most of us spend around half of our income on taxes.

If you can't see it, at least don't call those who can "dolts". I'll take your comments for what they're worth, realizing that what passes for a conservative in California would usually be a flaming liberal where I live.

Someone suggested I was a dolt for not seeing the 50% and I said the dolt would be the one paying near 50%.
There are a lot of fees for service and so-called hidden taxes in products out there for sure.
I 100% agree that rates are high. But my statement was that there is no reason to pay the highest rates, that you can use current laws to pay less.
I of course agree that rates are very high.
Earlier in #141 I think I expressed that also.
When you lower rates you cause people to want to work harder because the rewards for themselves are higher.
Reagan's lower rates doubled the revenue to the treasury.

The death tax will probably surpass the income tax in the next twenty years as massive amounts of wealth changes hands after death by the way.