Re: Sequestration - good, bad, or indifferent?
Quote:
Originally Posted by firstdown
They should complain. By the time they pay federal and state taxes they are paying around $100,000 a year. Thay are not the people who should get hit. Its the people paying no taxes and the millionairs who can afford to pay more.
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As someone who looked at tax returns for several years, they are people who take advantage of the tax system in every single tax bracket. But what I found who took advantage of it the most with stretching things were real estate agents and small business owners. Its really a game, they do everything in their power to show no income to the IRS and then over exagerate income when it comes to personal lending.
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