Friday, December 28, 2012

Uh-oh

Nothing quite like a little math to concentrate someone's mind:

New Yorkers of all income levels got a rude awakening yesterday when they saw in The Post how much more they will pay in taxes next year without a fiscal-cliff deal by Jan. 1.

“It’s that much higher?” asked IT worker Vikas Kataria, 34, who discovered that his combined household income of about $250,000 per year will cost him nearly $10,000 more in taxes.

“I thought it was a couple thousand — but that’s a lot,” said Kataria, who works at Merrill Lynch in Manhattan and is married to a systems analyst for a brokerage firm. “That’s huge!”

With higher taxes, the couple would have to cut out on traveling and family vacations.

There's more pain coming, too:

Clothing designer Peter Opie, of Canary Wharf Clothier, made about $2 million this year — and would see his tax bill spike by a staggering $100,000.

“The system is nuts here — it’s madness personified!” he said

“We were impacted massively by the hurricane — and now there is this,” said Opie. “You work your butt off and you end up with next to nothing.”
Doesn't matter, Mr. Opie. Time to pony up. And we'll come back for to you. Meanwhile, even more anecdotes to share:

Jan Losick, a Medicare-aged counselor at Au Pair in America, makes about $150,000 when combined with her husband’s salary, and would pay about $6,000 more.

“The Senate and the House of Representatives should be sacked!” said Losick, who would have to cut down on vacations, going to the theater and eating out, and just stick to the basics. “They should be doing our bidding — not their own.”

Ms. Losick and her blue-state pals had a chance to sack someone in November, but they chose otherwise, and in overwhelming numbers. Sorry about your vacations and theater-going, sister, but the Leviathan needs to be fed. There are a lot of assistant undersecretaries to the associate directors in the Beltway and they need to have enough money so they can go on their vacations. "Our bidding?" Don't think so, ma'am.

Meanwhile, even on the lower end, the pain is nigh:

With a likely tax increase of $2,200 looming, Andre Hunter, 49, is kissing his dream of owning a home goodbye. “I’m trying to save for the future, to buy property — I’m a renter and would like to own a home,” said Hunter, a divorced father from the Riverdale section of The Bronx who works in human resources and makes about $75,000 a year.

“Every year, I save toward that, and paying this tax increase will lower my savings.”

He said he will have to trim activities like going out to dinner or the movies.

“I don’t like the uncertainty of this,” he added. “The fact that Congress can’t get the deal done is making me angry!”
Congress did it. That nasty Congress. They need to get to work and solve this problem for Mr. Hunter. We have to get with the program and get those rich people to pay their fair share. Time to really stick it to Mr. Opie. Hell, he makes $2 million a year! Says so right in the paper! He's rich!

Better not object to any of this, either. It wouldn't be fair.

11 comments:

Anonymous said...

Congress right now is like two defendants in a murder, each insisting on their innocence because the other guy pulled the trigger, and ending up with an acquittal for both because the prosecution cannot prove which one actually did the deed as long as both can point to the other.

The truth, of course, is that one side of the Congress is irredeemably guilty of this horrific crime and the other side deserves credit for telling that truth. Unfortunately the jury pool is badly tainted and defense counsel a bunch of lying shysters.

J. Ewing

W.B. Picklesworth said...

This was pure comedy gold. It's amazing that people that dumb can make that much money. Pay up suckers.

CousinDan 54915 said...

I know Harry Reid will pull us through. He has done so much in the past 4 years I know I can count on him.

Gino said...

i think we should start by taxing the acquired wealth of senators and congress persons at 3% per year in office.

just the take from boxer and feinstien alone will make a dent in the deficit.

and leave people like NFL players alone.

W.B. Picklesworth said...

A propos of Saturday night before the last Sunday of NFL regular season games....

Where's the HYPPPPPE??????

Did I spell that right? It's difficult to tell because there isn't any of it around. Has Benster discovered reticence, quietude, a monastic calling? What's up?

Gino said...

yeah! where's The Benster?

CousinDan 54915 said...

My bookie wants my picks and without the insight of the Benster I feel unqualified to make any bets.

Anonymous said...
This comment has been removed by a blog administrator.
Mr. D said...

The Benster will be here shortly. Busy weekend.

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