Income tax time again

[opebo]

I would say that at $50,000, 25% is about right.  The thing that is wrong with the current tax system is that the rates should increase greatly above that level, to at least 50% and preferrably 70% at above $200,000/year.

Probably it would be possible to give the worker in your example a small tax cut if we tremendously increased taxes on his betters.

[opebo]

What do you mean only $50,000?

O/c not possible to answer the question as I don't know what sort of job this guy does.

Well Wolf Blitzer and his right-wing friends think that $50,000 a year is chump change, and they control the media, so they must be right.

It is chump change, unless you live in a remote wilderness like South Dakota or Mississippi.  However it is also quite a bit more than most Americans recieve.

[opebo]

What do you mean only $50,000?

O/c not possible to answer the question as I don't know what sort of job this guy does.

I don't know what wages are like in the UK but around here 50k is not much. An unskilled worker on an automotive assembly line would make more and get better benefits.

Only if they are protected by a union.  The vast majority of unskilled workers in the US have no union, and make around $6-10/hour.  Remember, Dibble, the median income is much less than $50,000/year.

According to the Bureau of Labour Statistics the median earnings of full time workers are only about $35,000/year.  And that leaves out all the millions of part time workers!