Why should I pay more and more taxes because I worked hard and have chosen a profession that will compensate me appropriately? I shouldnt feel bad about the fact that I will make > 250, 000 and I dont think I should have to pay for Obamas absurd spending. I agree with the above poster who stated we are being penalized for having the means to invest in our futures and making smart fiscal and professional decisions.
Someone have a little chip on their shoulder? Boo hoo
you didnt have all the bells and whistles growing up. I am also the product of 2 immigrants but dont think that it changes anything. Work hard, have family that supports you and the skys the limits in my opinion. While many physicians do come from middle class and up families, thats the way it works. Its an individuals responsibility to work hard and make up the difference. Ive seen it many many times in my life and it is more than just possible but commonplace. What kind of rationale is there for taxing those that make more than $250,000 because most of them were middle class or wealthy to start with?
My point is that not everyone making $250,000 a year worked hard, and also that many people didn't get the opportunity to choose this profession. I worked in admissions and know there were plenty of worthy applicants who weren't going to be able to get into the school because of limitations on the numbers who get in. And what about people who were born to drug addicted parents because our system in america is broken with dealing with drug abuse, or were beaten daily, or whose only source of guidance growing up was the gang? Many of smart, talented individuals are in situations that made them disadvantaged, didn't give them the same opportunity and chance that you and I might of had. We seized that opportunity, and should be commended on it, but it is important to keep everything in perspective. The "American Dream" that everyone who works hard can achieve anything they want is more BS than the idea that gay marriage will destroy heterosexual marriage. You should try taking a basic Sociology course if you didn't have an opportunity to learn about this.
What you are also failing to realize is that someone making $250K will always be bringing home and banking more than someone making $200K. And someone making $400K will be bringing home more than someone making $200K. The tax rate above $250K as being proposed is on income ABOVE the $250K rate. Yes, your proportionate return on that income is less compared to other income, but you still bank more money. And the utility of that extra money is not nearly as high as the first 25K, 50K, even 100K that you make. Your argument seems to be that a flat tax is fair and the only way to appropriately reward people for "hard work". I recommend you taking an intro to economics course if you think a flat tax is fair and appropriate. 20% of 40K leaves you with 32K to spend on everything, including food, home, clothing, transportation, which will leave very little (say 5K for example sake) on extraneous costs. 20% of 200K will leave you with 160K to spend on everything, including food, home, clothing, transportation, which, even if you spent twice as much on all of that as the previous example, which worked out to be 27K for all those expenses, so 54K, you still are left with 106K on extraneous costs than the first person. But if you paid 40% instead of 20%, you are still left with 86K on extraneous costs compared to the 5K in the first example. Doctors more than most making 200K have more costs, such as loan repayment, insurance, etc, but still, i think my point is somewhat made of why you can pay a higher tax rate and still be better off than someone paying a lower tax rate.
