Quote:
Originally Posted by Dave-ROR
You are still far from the next bracket. If your income is 70, you likely have multiple deductions that are pretax, so your taxable income is still quite a bit less than 70.
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Didn't say I was entering another tax bracket from 52 to 70. I said when I hit 52 I went to another bracket and got a letter for it.
Quote:
Originally Posted by Dimman
Yes, the Elite. They are different than someone that starts up a company and busts his balls, innovates and creates jobs, to make his money. This type of wealthy person is different from the rich corporate CEO guys donating (bribing) to politicians to legislate so they can get what they want more easily (usually at the cost of exporting jobs).
The problem is what keeps the first type of guy from becoming the second type?
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Yeah, but those aren't the guys jacking up the system. Those guys starting companies are far and few.
Did I mention I hate politics?