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What people like Charles and Hugo's Ghost aren't getting is that taxation is more than that line on your paystub. Every April we file taxes. Every worker has taxes taken out of their paycheck...well most everyone. If you claim 8 on your W-2, you will have little to none taken from your paycheck in Federal taxes. Then come filing time, some of these people who have children end up getting more in a refund that was deducted from their paychecks. I have this discussion everytime I hear someone I work with complain about the rich not paying their fair share. I ask them, "How much in Federal taxes was taken from your paycheck last year?" Answer: "$2,500." "OK, what kind of a refund did you get?" Answer: "With the earned income cedit I got back $5,000." OK, now who didn't pay their fair share? These same people who complain about the rich not paying their fair share not only do not pay one red cent in net taxes paid, they actually get more back in a refund than was deducted from their paychecks. Then I ask them care to guess where that refund came from? I usually raise my hand because I'm usually lucky to get back 25% of my deducted taxes. Before I bought a house I usually found myself paying more in every year.
By Steve B
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