Sunday, October 24, 2004

Taxes and rich

Stories like New York Post Online Edition: business">this get me mad. For the last 10 years or so, I've been in 1 of the higher tax rates, but I have never been able to consider myself rich - had a couple of years with above average disposable income, but that's another story.

Anyway, all that kind of story does is get me angry about the 'working wealthy' class(WWC) that is often referred to. It's obvious that the WWC, a misnomer if there ever was one because they aren't wealthy, pays at a much higher tax rate than the really rich class(RRC) do. Proof - the Kerry's only paid federal taxes at a 12% rate - I paid that rate 20 years ago. I would love to pay only 12% to the feds, it might give me a chance to really be wealthy. I can only dream.

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