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When I started making $52k a year, I got a letter telling me I've entered another tax bracket and how % of taxes paid would increase. Didn't phase me. What person would look at themselves and say...Oh, I better not try and earn any more money because I will get more in taxes....No one. You going to continue to rise in income level. I'm expected to be around the $70k range within the next 6-12months and my field taps out around $120k yr. Would you fear getting a better job paying $100k yr just because you will get more taxes taken out on you than when you were getting 25k yr working at the call center when you were 18? Answer is no. So, it makes no sense to me that if you are pushing $250k that you should be paying less in % of income tax.
Regardless of what Warren Buffet is taxed on, the Rich are still paying LESS in % taxes than the middle class.
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