What if you could make a 1/4 million a year, but only if you agreed to pay a higher tax rate.

[Skwmom]

Would you do it?

[BlooInBloo]

1. DEAL! And I'd pick lettuce for it to boot!

[cliffordu]

3. I'd NOT be a plumber and buy the imaginary business!!

[DRoseDARs]

39. Some of those farmers should pimpslap McCain asking, "Where's my $50/hr, bitch?"

McCain DID say he couldn't find someone to work for that wage farming. Christ, wish I made that much in a day. :shrug:

[GreenPartyVoter]

2. What, and give up the life of luxury we live on $30K a year???

[Skwmom]

6. People making over a 1/4 a million a year and complaining about a tax increase...

I don't think they realize how fortunate they are.

[iceman66]

16. Even worse are people like the infamous "Joe"

who only make $40K per year but complain about a tax increase on those making $250K.

[GreenPartyVoter]

25. Yeah, "I'll be rich someday" guys protecting their future hoard.

:eyes:

[HughBeaumont]

38. That's called "Horatio Alger".

Or:

"Don't mess with the wealthy. I'm going to BE wealthy someday, and I'll WANT all those advantages!"

:eyes:

Ah, the deluded working class Repukes and their silly beliefs . . . Bless their hearts.

[ayeshahaqqiqa]

4. I would consider it my duty

as a citizen. It would be a way to pay back the nation for the ability to gain such an income. (BTW, I make around 20K and don't grouse about paying taxes even at that rate, and for the same reason.)

[Blondiegrrl]

5. Fuck, yeah! n/t

[crazy_vanilla]

7. sure, more arugula money

;-) That would more than triple our current income. Dreaming now ... sigh. I wouldn't mind paying higher taxes at all, since the net would still be much higher.

[SmokingJacket]

8. In a heartbeat.

And I'd pay 2/3 in taxes if that meant we could get universal health care.

[SoonerPride]

9. I'd be willing to pay 65% taxes. I'd still come out ahead.

[Jackpine Radical]

10. Yeah. A FEW PERCENT higher.

And besides, since that's above the ceiling for Self-Employment tax (FICA) withholding, the total percentage taken out is substantially less than for a self-employed person who makes under 100k per year and has to pay about 15% for Social Security.

[BlooInBloo]

11. And it's adjusted gross anyway.

[hobbit709]

12. I'm not sure what I'd do with that kind of money

My wife and I make less than $30k/yr. We could pay 40% in taxes and the 150K left over would pay off the house, buy us both new cars, pay off the $1500 we owe on credit cards, and still leave us over $100K

[Bryan]

13. In a second.

I'd love to. At $250,000, I could go as high as 60-70%. That would be a huge jump for me, and still make me very comfortable for my portion of the U.S.

[Versailles]

14. For 250K a year or more...

I'd GLADLY pay 50% taxes on my income. When I was teaching I made under 30K after 8 years. It didn't even come close to paying for the anti-depressants I needed to go on, the therapy sessions my administrators, parents, and students forced me into, the ulcers I developed, or the COUNTLESS hours I spent grading papers so that students could look at them for 10 seconds to see their grade then toss them in the trash.

Now after what essentially mounted to a stress related breakdown, I decided to change careers and the economy and the job market tanks. I'm back in school, but my fiancee and I are trying to scrape by on about 35k since I can't find anything in this area.

Sorry. I'll stop my ranting now. On a positive note, I got to see Obama today in Fayetteville, NC. I've never been inspired by any politician until today. Incredibly...and hearing the PIE story live is great!

[RayOfHope]

15. Yes. n/t

[greblc]

17. lay it on me!

hell yes!

[fujiyama]

18. Hmm gee, I'll have to think about it

On one hand I would make more money, on the other hand I'll make more money.

Tough choice!

[LiberadorHugo]

19. What an asinine question...

States that use progressive income taxation divide these taxes into brackets, with each bracket fulling within one's income taxed at a different. The first $249,998 dollars you make are going to be taxed the exact same way regardless of whether you make $249,999, $250,000, or $25,000,000 in a given year. So long as the marginal tax rate above $250,000 is low enough to make it work the effort, people will still work for and still accept renumeration of amounts well in excess of $250,000.

[Starbucks Anarchist]

20. Of course.

[fizzgig]

21. hell, i'd be happy with half that

[kestrel91316]

22. Gladly. It's all about NET AFTER-TAX income. Anything beats my pittance.

[aquamarina]

23. Sign me up.

[PolNewf]

24. It is only an extra 3% on earnings above $250,000

I'm pretty sure most people do not understand progressive tax rates. If you make $250,001 you don't pay an extra 3% on your total earnings. You pay an extra 3 cents, 3% extra on income in that bracket.

Lets take someone who will get hit by Obama's tax plan making $300,000 a year. They will pay $50,000 x 0.03 = $1500 extra. If paid bi-weekly they will see 58 dollars less per check. Most people bringing home ~$7000 bi-weekly are not going to notice that $58.

You will always make more with a higher salary unless they make a 100% tax bracket. So your question is a no brainer for those making less than $250,000

[Kat45]

26. Absolutely!

A no-brainer.

[Cheap_Trick]

27. Sure, it'd only be a few less lattes.......

A sacrifice I'm willing to make.

[mwooldri]

28. Even at a flat tax of 75% total (fed, state etc) I'd do it. nt

[jab105]

29. IF I make $251,000 per year...

then, I would ONLY pay 39% on $1000 (that amount over $250,000)...
This is what those idiots don't understand...

[kath]

31. Heck, even a lot of people here don't seem to understand the concept of "marginal tax rates"

It's freakin' pathetic.

[Dem2theMax]

30. Just show me where to sign!

I wouldn't know what to do with that much money. I could actually get my tooth fixed!
I could buy my Mom hearing aids. My car is 19 years old. I could buy a 10 year old Ford Focus and have it converted to all-electric.

I could get my tooth fixed and finally eat on the left side of my mouth again. (That's the big one - the tooth.) ;)

Taxes? Hell yeah, I'd be HAPPY to pay more taxes..

[serrano2008]

32. I'd do it with an 86% tax rate

WOO HOO!!! I'd still make $35,000/year after taxes - more than now.

Not to mention that I'd max out my 401K tax free and get company match. Damn, sign me up!

[DFW]

33. I do, and I do

I survived 39% under Bill Clinton. I could do it again.

[Hellataz]

34. Hell yeah! Who wouldn't?

[quaker bill]

35. Absolutely

It is like asking if I won a million dollars on the lottery, would I mind paying $350,000 in taxes on it? Yes, one could avoid the high tax bill by not winning, but I would be much happier to win, pay the taxes, and pocket the $650,000 remainder.

Regardless of tax rates, more money is always more money.

[lamp_shade]

36. Betcherass!!

[seabeyond]

37. isnt it only like a 3% increase over 250k.... ? what is theriggin big friggin deal. n/t