Quote:
Originally Posted by Pico and ME
Im confused....my husband makes just over 60,000 grand and we never see negative taxes. Are we doing something wrong????
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No. The system is broken. If you make squat, you actually make money on the tax system. The harder you work, the more you pay, and the bigger the bite the system (gov) takes. That is the problem with a tiered system. If we all pay the same percent, flat tax, and do away with the deductions then the playing field would be leveled. If you make 20k a year you pay x% if you make 400k, you pay the same x%. That would be fair.