Home » xyzzy » Tower » Mr Vinyl and Mr Martinelli
Mr Vinyl and Mr Martinelli [message #54614] Tue, 11 October 2005 16:43 Go to previous message
Manualblock is currently offline  Manualblock
Messages: 4973
Registered: May 2009
Illuminati (13th Degree)
This tax post is getting too skinny. We have to bring it back up here and re-start.
I need to ask a question here. What level of income would you guys considor wealthy?
According to the IRS the top wealthiest tax-payers in the 5% brackett have average incomes of 132k annum.
The top 1% start at 317k Per Annum. I need some feedback here at this point in the discussion as to what the opinions are concerning what constitutes wealth and whether those figures mean you are wealthy.
Also a good site that explains some of my position is called:
ASK QUESTIONS.ORG under Tax liability=who pays. That is a non-political site that explains much of the truth behind the numbers. It is very helpfull in determining what the whole tax debate is all about.
Those figures MR Vinyl show's on the site he uses has the 128k yearly salary as the top brackett; which of course is rediculous to use in describing what makes someone rich.
We need the info for the smallest group after the 317k yr income and what they pay percentage wise. It's on the IRS site but has to be dug out. To be continued.

 
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Read Message
Previous Topic: An interesting quote about income taxes. Food for thought.
Next Topic: Personal Income Tax paid by you and me VS Income tax on Investments
Goto Forum:
  


Current Time: Sun Dec 22 13:52:10 CST 2024

Sponsoring Organizations

DIY Audio Projects
DIY Audio Projects
OddWatt Audio
OddWatt Audio
Pi Speakers
Pi Speakers
Prosound Shootout
Prosound Shootout
Miller Audio
Miller Audio
Tubes For Amps
TubesForAmps.com

Lone Star Audiofest