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Reply #32: I Very Much Relate [View All]

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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-29-06 01:16 PM
Response to Reply #30
32. I Very Much Relate
For many years...too many, I did the short form and got screwed by the tax laws. Even worse, I was married, rented and had a good chunk of my paycheck eaten away by SSI and FICA. I paid a bigger percentage of my income in taxes than I do now, despite having a lot bigger income (my first fulltime job paid a whopping 12k a year).

One major thing the Democratic majority must do, is work on tax relief for the middle class...first by making the tax cuts for those earning either 100k or 150k a year permanent and then re-indexing things to stop the bracket creep that still is based on what is considered "rich" by 80's standards...where someone making 50Gs or more a year was considered a lot more than today. And, of course, to permanently eliminate the marriage penalty...including to those who have civil unions and other "state sanctioned" legal marriages.
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