CommentsDisplaying callous's 10 most recent comments.

• The Ballooning Welfare State

  August 31, 2010 at 4:12am

  In reply to Philo Beddoe.

  If those are any real families budget numbers I would suggest financial counseling and some math lessons for yourself. You are using marginal tax rate for the net income when you should be calculating effective tax rate, the final percentage of actual tax paid after deductions. Stop complaining about high taxes and start figuring out how to budget yourself and pay the lowest effective rate possible. You will find you pay a lot less than 25% at that income level for a family of four. I won’t even to go into why a family of four making 90k need a $900,000 home…. http://www.ehow.com/way_5202142_effective-tax-rate-calculation.html