Quote:
Originally Posted by MikeWaters
So who pays more state and federal income tax? You or your receptionist?
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OK, there is this fictional guy on the boards who calls himself BYU71. He is really a guy locked up in a mental institution who has access to a computer all day. This guy fantasizes about being someone else. I am sure that fantasy person exists someplace in real life so the numbers would be true for that person.
That person will be paying probably at least $70,000 in Federal and State taxes this year. His secretary doesn't make that much.
As a percentage of income, that person also pays more fed and state income tax than his secretary.