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I'm sure it takes more than that to account for $25 millions difference between gross income and adjusted gross income. . .That's what so crazy and unfair!Obviously, the lower income people pay the same % in sales taxes (on what they buy, of course), and the same % in payroll taxes. . .but they don't have any loop holes to resort to, except (maybe, if they are lucky enough to own 10% of their home!) mortgage interest deductions!
I'm sure it takes more than that to account for $25 millions difference between gross income and adjusted gross income. . .
That's what so crazy and unfair!
Obviously, the lower income people pay the same % in sales taxes (on what they buy, of course), and the same % in payroll taxes. . .but they don't have any loop holes to resort to, except (maybe, if they are lucky enough to own 10% of their home!) mortgage interest deductions!