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Posts from Bruce, Bama

Bruce, BamaBruce, Bama
Bruce, Bama

We have no unpayable debt in this country, the richest country the universe (as far as we know) has ever seen. The only thing we lack in this country is political will. And the system does not take 35% of your earnings from noble labor but only up to 35% from your TAXABLE INCOME after allowing you a generous portion for mortgage interest, charitable giving, and work related expenses, and a hefty exemption amount for you and each person you support. And the generosity of the government knows no bounds because they refuse to tax funds that you had to use for medical care etcetera. Thus a family of 4 making $50,000 would pay tax on only approximately $20,000 at around 15% or $3,000. This comes out to 6% of the noble laborers fruit. You are probably to young to remember when the progressive rates went up into the 90% range, so you cannot appreciate the low rates we have today. Archer if you and I cannot get at least the facts straight between us (two grown men) how can we talk and solve the problems of our community, state, and nation? (PS: Many folk pay more to local via real estate, state via sales tax than they do to federal tax from the noble laborers fruit.)

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