Originally Posted by
Grumble
As a single guy, making almost 100K/year, I paid less than $500 in income tax last year after all was said and done between deductions and expemtions. It's not fair to the top tier earners to be carrying the load of everyone else, but at the same time the government has made it such a cat and mouse game that everyone is doing everything they can to pay nothing. It's a broken system that needs to go.
We ALL benefit from the freedoms in this country and we all use it's resources. We should all share the burden equally. Be it the Fair Tax Act or a flat rate income tax (which would eliminate billions of dollars wasted trying to navigate the tax code). For those earning less than XX dollars, you either pay nothing or get a refund at the end of the year. However there is absolutely no reason that someone making 250K+ should carry a higher percentage than those earning 50K. By definition a flat tax would tax them more anyway.
The system is out of control, along with gov't spending.
Or did you only pay $500 when you filed? I suspect that you paid considerably more than this over the course of the year as your withholdings disappeared down thier state sponsored ratholes, never to be seen again. At least not by you. It is a sad irony that the great Milton Friedman was the inventor of the withholding technique during (or right before) WW2.
If you did only pay $500, good for you and enjoy it while it lasts. It won't be long before they come back for you too.
WW