Check out some similar questions!

galveston · Feb 9, 2009, 03:22 PM

So now we are likely looking at multi-trillion dollar deficits.
It appears that no other country in the world is able or willing to loan us that money.
That means we crank up the printing presses.
That will result in hyper inflation.
Your wages will have to go up to survive.
When you pass the magic number of $250,000.00 your taxes will become confiscatory.
(Actually, I think the threshold will be placed MUCH lower. What do you think?)

tomder55 · Feb 9, 2009, 03:32 PM

Like my taxes aren't confiscatory now. I'll join the revolution when they confiscate my 401-K (and that looks like it may happen)

Wondergirl · Feb 9, 2009, 03:32 PM

I'm not worried. (Do you lie awake at night thinking up this stuff?)

excon · Feb 9, 2009, 03:32 PM

Hello gal:

Here in Seattle, $250K is average. But, I get your thrust.

Buy gold. It's cheap.

excon

Fr_Chuck · Feb 9, 2009, 03:37 PM

The government is our friend, they will be paying our rent, or even better yet, making sure we all own houses, we will all have food to eat and health care, what do we need money for then.

NeedKarma · Feb 9, 2009, 03:48 PM

Originally Posted by Fr_Chuck

The government is our friend, they will be paying our rent, or even better yet, making sure we all own houses, we will all have food to eat and health care, what do we need money for then.

The Christian Expert is the most sarcastic person here. LOL! Just what Jesus would do!

galveston · Feb 9, 2009, 03:57 PM

Originally Posted by NeedKarma

The Christian Expert is the most sarcastic person here. LOL! Just what Jesus would do!

Jesus taught trust in The Father, not Jerusalem or Rome.

NeedKarma · Feb 9, 2009, 03:59 PM

Originally Posted by galveston

Jesus taught trust in The Father, not Jerusalem or Rome.

So as long as you trust in the Father you can demean anyone you like?

Fr_Chuck · Feb 9, 2009, 04:00 PM

Give to rome what was rome, give to God what was God.

Rome taxed so badly, he had to get coiins out of fish just to pay his own taxes. So if Jesus had to do a miricle just to pay his taxes what are we to do

galveston · Feb 9, 2009, 04:08 PM

Originally Posted by NeedKarma

So as long as you trust in the Father you can demean anyone you like?

Sorry. I thought you were demeaning Chuck. Was I wrong?

NeedKarma · Feb 9, 2009, 04:15 PM

Originally Posted by galveston

Sorry. I thought you were demeaning Chuck. Was I wrong?

Yes, you apparently glossed right over his sarcasm.

inthebox · Feb 9, 2009, 04:56 PM

This is my most successful year thus far.

2008 Tax Rate Schedules: Marginal Ordinary Income Tax Rates for 2008

Before deductions, I graduated to the 33% tax bracket.

Now, not only can I pay more in absolute dollar amount, but also in terms of percent of income. I'll be paying more in taxes than more than 60 % of US households make in gross income in a year. :eek::(

Household income in the United States - Wikipedia, the free encyclopedia

In 2006, there were approximately 116,011,000 households in the United States. 1.93% of all households had annual incomes exceeding $250,000

But I have not broken the 250 k barrier yet.

I guess most of those households are in Seattle? ;)

G&P

N0help4u · Feb 9, 2009, 05:32 PM

I am still wondering when I will earn $25,000.

twinkiedooter · Feb 10, 2009, 03:13 PM

I'll earn $250,000 when heck freezes over, sonny, that's when. I hear we're in for another blast of Arctic air shortly. Global warming, what's that?