What's the Income Floor that Rangel Should Raise Taxes On ?
 

http://www.nasdaq.com/aspxcontent/Ne...INE001107.htm&

He's proposing a 4% increase for those over $200K (married), $150K (single).

What should it be ? For my poll, I will put a number for Married, it would be half for Single. It should be doubled for Married as they are far more likely to have high daycare costs if there's two working people, as there usually are.

Remember - this is Federal so it goes for everyone. $200K is a lot where I live. It's a lot less in NY, Boston or Chicago. It won't hit me at this rate, my household income is below the threshold but I'm curious.

edit - there's no "no-one" option. Rangel's raising taxes, that's not an option.

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

I voted for $1M. $200K is nuts. That would be great money for me, living in a *****hole town like I do. But for a family with kids and daycare, increasing taxes by 4% for money over $200K is terrible in real cities.

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

Where's the "no one" option? This country taxes enough.

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

Rangel running H W&M - Dems with both Houses and soon the Presidency - why do you think I left "no one" off the list of options ? :rolleyes:

:bricks:

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

agreed.... it's not about how much tax, it's more about how the tax revenue is spent...

still, if we're gonna waste $2.4 trillion on foreign occupations, i'm more than content making the elite pay for most of it... they wanted it... and they're not fighting it... they should do SOMETHING...

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

I chose $250k, but considered $500k because in some urban areas even $500k may not be a fortune (though it's damn good). I'm assuming $250k for a family of 4, and I do think that any tax increase should be graduated, with people earning over $1 million obviously paying more than those earning $250k.

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

I voted for $1 million. This bill isnt going anywhere thought and it shouldnt. Raising taxes is not the issue, controlling spending is.

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

Damn!
Beat me to it.

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

I was wondering the same thing :D

Re: What's the Income Floor that Rangel Should Raise Taxes On ?
 

Americans have become accustomed to more taxes so much that they don't consider the option of no more increases...just how much and who will get the increase. Just like we 've become mindfu-ked into being afraid all the time and that computers, the government anad television are our friends, Americans will buy into everything as long as they perceive that it's the "in" thing. Soon, the "in" thing becomes integrated into the culture.