Dear Mr. President,
My husband and I are what you have termed "millionaires and billionaires". We make a combined income of $300,000 a year. We are in our late 40's and both have always paid our "fair share". We have no children. We have worked hard our whole lives and have not taken advantage of any government assistance programs. Yet you want more from us. Unlike the government we have lived within our means and have tried to plan for our future, however under your watch our savings has shrank and continues to shrink..... our future is looking more grim by the day.
Honestly, though, us "millionaires" have a plan...
Today we pay in taxes 125000 annually in payroll, real estate, sales and gas tax plus spend money and Bring home after tax 170000 and we contribute to charities up to 10 % of our income. Since you're sketchy on details we can only assume get tol pay another 15% taking us to the govt getting 50% of what we work hard for - what a scam!
Our solution to your tax hikes on us "wealthy" Americans:
Sell our home and rent- no more real estate tax, Walk away from our second mortgage which we continue to pay even though we are 80000 upside down (someone else can foot that bill), Quit my current job with a 150 k salary (my husband will keep his 150k job), I take a job where i dont work as hard or as much for 70000 , stop donating to charities , reduce our spending significantly = Our take home 150000 govt take 38000 vs 125000 plus we become eligible for more tax deductions
Im sure we're not the only hard working " millionaires" with a plan to insure you dont get more from us.
Up to this point we were fine contributing to programs that help people but you've crossed the line. We're educated and not going to take it. You hardly hear from us because we're busy WORKING!
Signed
A hard working citizen not willing to work so hard anymore
This is what we pay today:
Payroll taxes
Real estate taxes
Sales tax
Gas tax
We have a savings account
We are NOT millionaires. Last i checked a millionaire had a million dollars.
How about a fair system
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