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AR15.COM
12/22/2009 6:40:56 AM EDT
I just learned today my taxes(FITW) is going up next year.  Now what makes this so extraordinary is I'm a military retiree.  We retirees didn't get a cost of living pay increase for 2010.  So in effect what this tax increase has done is cause my retirement income to go DOWN for 2010.  It's one thing to not see a cost of living pay increase.  Ok I can accept that since the economy is in the tubes but to go ahead a reduce my pay with more taxes!    Fuckers!  As always the military get's the short end of the stick
12/22/2009 6:44:26 AM EDT
[#1]
Your income goes down from inflation.

Your costs go up because of increased taxes.

Your income does not go down because your costs go up.

Your net income is down slightly.  Not your gross.