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HopeHoops

(47,675 posts)
13. I'm thinking the same. $50K is fine. The tax increase is minimal.
Fri Nov 9, 2012, 11:41 AM
Nov 2012

I ran two households on $77K (one of which was in Northern Virginia, the other in PA) and the tax increase we're talking about wouldn't have made a damn difference. I spent more on gas commuting between the two places (worked at home a lot) than the taxes would amount to. I was also paying rent on both places and the one in VA (on balance) cost 1 1/2 times the one in PA per month (including utilities). We're not even making close to that now, but we own our house outright (no mortgage) and property tax is the biggest expense involving the house.

Even that's not bad. I'd pay more if it meant the township would build a swimming pool in the expanded section of the park or eliminate the new activities fees they imposed on sports, music, and other such groups. Hell, my medical bills far outweigh ALL of the taxes I pay. They're the only debt I even have at the moment.

I've got good roads to drive on, an excellent local police and fire departments, working street lights, working traffic lights, a beautiful park, and everything is well maintained INCLUDING the storm sewer drain out front. Frankly, it's a damn good deal.

And yes, he should shoot low on the income limit. Let the GOP find the "middle ground" for once. Start at $50K, settle for $100 (a little lower than middle). At least it's a start. If I made a million a year, I really wouldn't give a shit about paying more in taxes. Hell, while we're at it, eliminate the FICA cap on the Social Security part. It's currently something ridiculously low like $110K. I pay the full rate on our income, why have the cap? Want to fix Social Security? Simple, isn't it?



Agreed; $250k is not much in some places, esp the East Coast panAmerican Nov 2012 #1
Hogwash. 99Forever Nov 2012 #2
True. Even so, I'd be willing to start whittling at the higher end of the spectrum. LiberalAndProud Nov 2012 #6
I agree with you that $250,000 is a lot of money no matter where you live SickOfTheOnePct Nov 2012 #7
Agreed alcibiades_mystery Nov 2012 #8
Damn straight! 99Forever Nov 2012 #12
thank you hfojvt Nov 2012 #11
Or California, Portlant, Seattle barbiegeek Nov 2012 #9
my husband knows people here in the Seattle area who earn $250,000 a year liberal_at_heart Nov 2012 #15
I heard cuz of Microsoft that its like Silicon Valley and too expensive barbiegeek Nov 2012 #25
For Christ's sake, IT'S ONLY A 4% TAX HIKE. JaneyVee Nov 2012 #14
I know!!! LeftInTX Nov 2012 #26
Bargaining Chips... KharmaTrain Nov 2012 #3
they started out strong. now they have room to negotiate liberal_at_heart Nov 2012 #4
No. If Democrats are going to drop the $250k target, the next step is the top bracket, $388k jpljr77 Nov 2012 #5
If Democrats even think about $1,000,000 somebody is going to be seriously pissed hfojvt Nov 2012 #10
I'm thinking the same. $50K is fine. The tax increase is minimal. HopeHoops Nov 2012 #13
You're kidding...$50k? renie408 Nov 2012 #16
It's a good bargaining chip. The GOP won't go lower than $100K. HopeHoops Nov 2012 #20
true hfojvt Nov 2012 #22
Please bear in mind that EVERYONE'S taxes will be increasing in 2013 already. jpljr77 Nov 2012 #19
Perhaps you missed the point. While I'd be comfortable with that, it's a bargaining position. HopeHoops Nov 2012 #21
oh boo hoo hoo hfojvt Nov 2012 #23
there are NO sensible spending reductions unless cthulu2016 Nov 2012 #17
marginal Roy Ellefson Nov 2012 #18
Well said SickOfTheOnePct Nov 2012 #24
Latest Discussions»General Discussion»They shouldn't waste time...»Reply #13