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Forum nameOkay Activist Archives
Topic subjectStill more than 95.8% of the Population........
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=22&topic_id=4023&mesg_id=4069
4069, Still more than 95.8% of the Population........
Posted by M2, Thu Sep-11-03 05:36 PM
.........as only 4.2% of the population either make on their own, or have a household income of 100k or more.

As for taxes -

http://taxes.yahoo.com/rates.html

If you're married filing jointly, you're enjoying a 100k income and paying 27% on it, while a single person with that income pays 30%. The same rate that married people only making 48k or single people making 68k are paying...


So it's still a lot, especially if you manage it right.

If you rake that in for 15-25 years, only have two kids, manage your money/invest wisely - you stand a VERY good chance of retiring a millionaire, or at least close to it.

So I don't feel "sorry" for people in that income bracket



Peace,





M2