I can’t decide whether this is sad or funny.
It always amazing me how many Joe the Plumber types that are struggling to pull in 45K a year think they’re just a clogged toilet away from making 250K a year. That is because they somehow fail to realize that 250K is a whole freaking lot more money than 45K, and when you actually make 250K a year, instead of making 45K and imagining making 250K, the experience is really different from what you think it is and a few hundred extra bucks a year in taxes is nothing.
I think I was kind of surprised myself when I realized that 125K a year is really a WHOLE LOT more than 100K a year in terms of lifestyle and discretionary income then a few years later I was surprised again when I realized that 150K year is a WHOLE LOT more than 125K a year. And surprised again when I realized that 175K is a WHOLE LOT more that 150K. And If I ever make 250K I’ll be surprised again.
Even at my current lower middle-class by Republican standards income of 175K a year I could easily pay a few extra thousand in taxes a year even though no one is looking for me to do that. And if I have to “tighten my belt” because of the extra tax burden that won’t mean going without food or missing a mortgage payment…at most, it might mean booking a standard suite instead of a deluxe on my next cruise.
Actually, if I make 250K I won’t have to pay ANY more in taxes. If I make 260K I’ll have to pay the higher percentage on 10K only, which comes out to about 300 but you DO realize that you only pay the extra percentage on your income over 250K, the first 250K is taxed at the same rate as everyone else.
And it’s really really sad that some hard core Republicans are letting themselves be driven from middle-class down to grinding poverty by buying into the Mitt Romney Quiverfull crap and having 15 kids on that 45k income.