I'm indifferent to the partisan arguing. However, I've spent most of my life as a self employed business owner. So let's talk about the real high taxes meme that nobody ever wants to talk about.
My federal + SECA + state combined tax rate hits 37% at $50,000 per year in income. I have few deductions.
I'd like to see you justify me paying nearly 40% in taxes out of my income starting at $50k per year. And that doesn't count the zillion other taxes I pay throughout the course of existing. That's the thanks I get for trying to start a business and create value in the American economy. I get absolutely drilled by taxation.
My federal + SECA + state combined tax rate hits 37% at $50,000 per year in income. I have few deductions.
I'd like to see you justify me paying nearly 40% in taxes out of my income starting at $50k per year. And that doesn't count the zillion other taxes I pay throughout the course of existing. That's the thanks I get for trying to start a business and create value in the American economy. I get absolutely drilled by taxation.