[Leica] Fuji X-Pro1 - Jim

[scleroplex at gmail.com (scleroplex)]

not so.
you just have to have no dependents.
as a single man with no family and no mortgage i have been in the highest
tax bracket for 15 years.
when my gross income was less than $70,000, my total tax rate was 38%.
now it is 44% and i do not make more than $200,000.

i don't particularly mind it as brookline does me nicely and my tax
accountant is honest.
many people in my tax bracket fiddle with the itemised deductions, declare
a home office, do a section 179 deduction for everything and get their rate
down to 13%.
i prefer to be able to look anyone in the eye. and i like services like
police and fire and ambulance.
our fire service here does not stand around watching a house burn down
saying the folks did not pay the $70 fee. quality of life needs to be paid
for.
bharani


Date: Thu, 22 Mar 2012 20:02:41 -0500
From: Ken Carney <kcarney1 at cox.net>
Subject: Re: [Leica] Fuji X-Pro1 - Jim
To: Leica Users Group <lug at leica-users.org>
Message-ID: <4F6BCBB1.1030606 at cox.net>
Content-Type: text/plain; charset=windows-1252; format=flowed

Yes, but that marginal federal rate does not begin until taxable income
somewhere around USD200,000.  If you are paying an aggregate rate of
46%, that is a much higher income than $200,000.