We have a question for the Obamaites:
If "the rich" are now to be those earning over $200,000 per year and we must spread around more of their wealth, then shouldn't the married couple be deemed rich at the $400,000 level?
Where did this $250,000 for a family come from?
Talk about a marriage penalty! It could hold down the incidence of gay marriage.
It simply points out how ridiculous arbitrary tax brackets are and reminds us of their unintended consequences.
By the way, why is it that when the government wants money it's always indexed to inflation (via percentages of income) but the deductions/credits are always based on firm numbers?
If "the rich" are now to be those earning over $200,000 per year and we must spread around more of their wealth, then shouldn't the married couple be deemed rich at the $400,000 level?
Where did this $250,000 for a family come from?
Talk about a marriage penalty! It could hold down the incidence of gay marriage.
It simply points out how ridiculous arbitrary tax brackets are and reminds us of their unintended consequences.
By the way, why is it that when the government wants money it's always indexed to inflation (via percentages of income) but the deductions/credits are always based on firm numbers?
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