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URL:  https://boards.fool.com/rayvt-ive-been-paying-taxes-for-24-years-now-and-10327622.aspx

Subject:  Re: Thanks to TMFPixy & Bob78164 Date:  9/18/1998  9:22 AM
Author:  JABoa Number:  5496 of 100375

Rayvt,

I've been paying taxes for 24 years now and my rate in New York then was about 33% on $40,000 of today's dollars, counting everything (federal, NY, FICA). The mix has changed but the level on the same income is almost the same now. Where the money goes is different -- we pay it to the old people and their doctors instead of the military.

In my opinion, taxation of Social Security benefits was long overdue. Before it happened, a married couple both 65 were taking home as much on $50,000 gross including Social Security as a working couple with 2 children making $60,000 in wages.

I'm eligible to join AARP next month. Hope I remain true to my current attitudes.
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