Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?
I just looked at the letter that my CPA accompanies my tax returns with, and it says at the bottom “Your marginal federal tax rate (“tax bracket”) for 2010 was 25%.” If I’m not mistaken, what we learned about Romney’s was that his was about 17%. I know this is not Romney’s personal doing, so it’s not a rant against Romney. However, it spells out in black and white the disparity between the breaks given to the rich and the lack of breaks given to the poor and middle class (the class I’m in, middle class).
Didn’t Warren Buffett point out recently that his secretary pays more in taxes than he does?
Does it bother you that the tax laws are set up so that the very rich, like Romney and Buffett, pay a smaller percentage of taxes than you probably do?