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Pulling your hair out over taxes?

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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-04-08 04:01 PM
Original message
Pulling your hair out over taxes?
Edited on Fri Jan-04-08 04:04 PM by hfojvt
Try our flat tax calculator to see how much money rich people could save with a flat tax.

1998 figures from 2001 SAUS numbers in billions of dollars

number of ^^ AGI ^^^ AGI total ^^^ Income tax ^^ 17% flat tax ^^ savings
filers
172,000 ** >$1,000,000 * 533.5 **** 146.8 **** 90.7 *** 56.1!!!!
207,000 ** >$500,000 ** 207.6 **** 58.5 **** 35.3 *** 23.2
1,606,000 * >$200,000 ** 463.6 **** 111.5 **** 78.8 *** 32.7
total ------------------------------------------------ $112,000,000,000


So if taxes are frustrating you, just be thankful that we do not have a flat tax that would force you to pay a share of $112 billion more.
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LSK Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-04-08 04:02 PM
Response to Original message
1. no, not really
Pulling my hair out over how our taxes are spent? Yes.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-04-08 05:15 PM
Response to Reply #1
2. I am just responding to an ad at the top of this site
Although the ad comes and goes. My argument against the flat tax remains the same. Just another tax break for the rich.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-04-08 09:24 PM
Response to Original message
3. kick, I am still seeing these ads n/t
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