My taxable income this year, social security, state pension and a few dividends/interest income was around $56,000. After deductions/Social Security "discount", my taxable income was around $35,000. I had to pay about $3500 in taxes. 10% of 35k is a lot versus 10% of 1,000,000.
net $30k versus net $900k. Lower income folks are getting fucked right now.
My taxable income this year, social security, state pension and a few dividends/interest income was around $56,000. After deductions/Social Security "discount", my taxable income was around $35,000. I had to pay about $3500 in taxes. 10% of 35k is a lot versus 10% of 1,000,000.
net $30k versus net $900k. Lower income folks are getting fucked right now.
My taxable income this year, social security, state pension and a few dividends/interest income was around $56,000. After deductions/Social Security "discount", my taxable income was around $35,000. I had to pay about $3500 in taxes. 10% of 35k is a lot versus 10% of 1,000,000.
net $30k versus net $900k. Lower income folks are getting fucked right now.