Posted on 02/25/2009 2:57:21 PM PST by Oldeconomybuyer
I will now be found at the beach, instead of in the ER.
Mama did not raise a fool, and my Great Grandfather was the last Serf in our family.
Actually, it’s $208k per couple to get into the upper tax bracket, which he’s targeting, and you can halve that for a single person.
So, if you’re single and making a little over 100K, you’re a target.
Might as well quit and go grease a locomotive.
Dennis Moore, Dennis Moore...”
http://www.youtube.com/watch?v=2tr_jjs2LKQ&feature=related
At least there’s one nearly silver lining to all this. In the future when the rich nations of the earth are mentioned to give more than they already do to some useless cause, they wont be talking about us.
Saw this coming a few years ago. I shrugged, and retired early.
Taxes went down. Stopped paying payroll taxes. Expenses went down. Net after tax income is actually higher than before, even factoring in inflation.
I'm eligible for early Social Security, under the current rules, mid 2012. My bride comes up in 2014. Assuming (a really big assumption) that the rules don't change or, worse yet, become means tested, we'll shrug again.
My sympathies to the under 50 crowd. Commander Zero has handed you the bill. My wife and I are tired of paying for this crap, and we're outta here.
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