Wednesday, January 30, 2008

Taxes


Okay, so today I tried to figure out what tax bracket I am truly in....basically I took my gross salary, added up all the taxes they took out of it as stated on my W2...I included the state and city taxes taken out so I was figuring out the total % of my pay that went to taxes. I make a decent amount of money, I am not married and I do not have kids. So, I am usually in a pretty crappy position in terms of tax rate....but today I learned that about 40% of my pay went to taxes! That is NUTS!

I am tempted to go down and adopt a couple of kids tomorrow and to have a shotgun wedding just to reap the tax benefits. I'd rather do that than become a tax-cutting Republican. That tax cutting business is BS anyway. After the past 8 years they have shown that they can spend my tax money just as well as anyone else...and on wars and other horrible stuff. At least when Democrats spend money it's more often for the better of the social welfare, so that doesn't make me feel so bad about it being my money.

But, today's calculations got me thinking about whether I am really reaping the benefits of my insanely high tax rate. I live in New York City....and it IS the best city in the world, but it is also dirty, smelly, the public transportation is unreliable, the steampipes explode every now and then, the street grates randomly kill people and pets with electric current, and the roads are so potholed the ones in Libya are probably in better shape. So, besides the adopted kids and new husband, I might pick up and move my new family to someplace where the roads are paved, the sidewalks are clean, the trains and buses run ontime, and the infrastructure is not crumbling beneath my feet. I'm open to suggestions for a good new hometown....