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Topic	If you make 120k+, 50% of your income (at least) should be taxes
XlaxJynx007 04/27/18 12:23:54 PM #5:	wolfy42 posted... That is wacked, I do agree more taxes should be paid the more you make, but not that much at that level. Something like a tiered system is best. First 20k, no taxes at all. Taxed 15% for 20k-30k, 20% for 30k-50k, 25% for 50k-75k, 30% for 75k-100k. 35% for 100k-150k, 40% for 150k+. Flat tax, no deductions/exemptions based on net profit. No loopholes etc. No reductions based on dependants either, and no more filing jointly either, those are the numbers straight up. No more tax advantages for married couples (so no more reason for the gov to get involved in gay marriage etc). Also all additional "taxes" like Social security etc. I don't think anyone's taxes should exceed 30% and I think even that's too much --- XB1: MrMegaNutz Steam: Kennetic <cite>XlaxJynx007 posted [p:900400591] in If you mak... [t:76557391]...</cite> <quote><cite>wolfy42 posted...</cite> <quote>That is wacked, I do agree more taxes should be paid the more you make, but not that much at that level. Something like a tiered system is best. First 20k, no taxes at all. Taxed 15% for 20k-30k, 20% for 30k-50k, 25% for 50k-75k, 30% for 75k-100k. 35% for 100k-150k, 40% for 150k+. Flat tax, no deductions/exemptions based on net profit. No loopholes etc. No reductions based on dependants either, and no more filing jointly either, those are the numbers straight up. No more tax advantages for married couples (so no more reason for the gov to get involved in gay marriage etc). Also all additional "taxes" like Social security etc.</quote> I don't think anyone's taxes should exceed 30% and I think even that's too much --- XB1: MrMegaNutz Steam: Kennetic</quote> ... Copied to Clipboard!
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