ClemsonTiger wrote:
I will be one to just add...that it scares me a little that a 100K earning family which is more then 2 times the national average pays no taxes... Government services cost money (IMHO more then they should) and if 2 times the average family down doesn't pay (except for road taxes and sales tax i guess?) thats troubling to me...
I think the vast majority DO pay in taxes. There are lots of various tax shelters, loopholes, etc. that are available, and I think there's nothing wrong in taking full advantage of them. The uber-rich are taking full advantage of them, why can't the little guy do the same (cause really...to someone in the top 0.1%...if you're making a "mere" six figures, you're a small fry)? But most don't/can't. Unless you're living way beneath your income, how easy would it be to up your 401-k contribution an extra 30%, to shuffle it around various ways, etc.? And many want/need every single penny they can get TODAY, even if it means less money available tomorrow.