So that leaves the bottom 99% seeing 62% of the breaks, sans those that didn't pay s**t into the system.

Your point is?

I won't discuss earnings, but let's just say I ended up owing enough money to the IRS to pay for a Toyota Prius this year. I do fit in the tax bracket that's SUPPOSED to see some of these "breaks". Yeah, BS...

I also have peers that pull in close to $500K and they got their rear-ends lubed and raped by the IRS this year, despite pounds of write-offs and political and charitable contributions (cash and stock).

Does the phrase "AMT" mean anything to you? If not, look it up for a potential taste of things to come...

To cap it off, this is going to keep a group of us from putting money into a real-estate project in Colorado, which would have meant MORE work and jobs for a group of contractors, landscape companies, etc. I certainly won't be joining in this now...

Sorry, but it's not the guy or gal working the 10-5 shift at the mall that pays my checks, it's multi-millionaires who have invested capital and resources in me because they had the money to and the customers I serve that respond to the skills I bring to the table. I'll wager that it's no different with most people who are gainfully employed here.

Keep begging your Congress to screw those that are providing jobs in the private industry and watch those jobs go somewhere else or just disappear, as taxes are something that can be escaped (or minimalized) by moving operations outside of the US or setting up trusts or holding companies in other countries.

People with money and that have an ounce of sense on how to use it to make MORE money don't simply sit on it; they INVEST it back into the economy in terms of more workers, more technology, more whatever that looks to offer a good ROI. This, in turn, develops more profits for the US government to TAX...

I'm thoroghly sick of the "rich envy" and this "tax the s**t of of the rich" attitude that seems to be pervasive here in the US. It's one of the reasons I'm such a proponent of a flat tax rate in terms of fairness; that and it would hopefully shut the ignorant cake-holes of those whining that tax breaks to the wealthy are ruining social security, welfare and other social programs that were a complete financial disaster long before high-income tax breaks were a major political issue...

Punishing the wealthy because they are smarter, luckier or better at managing money and business than most of us is stupidity beyond description and is an attitude I find among those that are of the "can't do" or "won't do" group instead of the "can and will do" group; I'll ask again if it's the social worker or the grocery store clerk that signs your checks at the end of the month...


JaTo e-Tough Guy Missouri City, TX 99 Contour SVT #143/2760 00 Corvette Coupe