I made 12k last year.
I pay 300/month in taxes due to SS and whatnot from just federal taxes.
That’s the same as what Mitt Romney is paying. FUMR!
“Thats the same as what Mitt Romney is paying. FUMR!”
Don’t be naive. Your income may be taxed at the same rate, but there’s income and then there’s “income.” One is the popular notion of how much money you make, while the other has a very specific legal meaning. Believe me, Mitt’s income in the popular sense is taxed at a rate that would make your head spin.
Are you self employed?
Of not, you should only be paying about $70.00 in SS monthly, and zero in fed income taxes (or getting it all back at the end).
If you’re self employed, then double the SS amount. That’s still not $300.00. Are your figures right?
As far as MR, I have no use for him, but I support his (or anyone’s) absolute right to pay only taxes actually owed. If he paid more, that would be cause for a mental exam. :-)
Now, if he proposes raising your taxes while keeping his low, then F him.