- Feb 14, 2002
I will end up paying over 7 figures in taxes for 2020. Most of you will say "fuck that guy, tax him more." But I'm just normal guy like you. I live in modest house and drive like 15-20 year old cars. Just like you don't want to pay more in taxes, I don't want to pay more in taxes. Like I said, it's easy to say something when you're exempt. People will say one thing and quickly change their tune once they're the target. You don't know until you've been in their shoes.So you make over $518,000 in AGI (per 2020)? Before all the deductions at that level probably closer to $600,000 (top 1% in every category everywhere). Exactly how are you "labeled rich when you're not"?! Even with the worst possible taxation you probably have at least a quarter of a million dollars to spend/live off per year, of course after maxing out every possible retirement vehicle! Yes I will admit I would in no way notice increased taxes on earnings over $400,000, but I find it hard to symphatize with you getting slightly less of the last 200 grand you make, after you already have 400k to enjoy..