BD
2008-01-14 14:13:12
I haven’t read all the comments, so I don’t know if this was mentioned before, but if David Cay Johnston had run the numbers last year, based purely on tax data, I would be one of his people living on less than $7 a day.
You see, I am a military officer, and quite happy with my financial situation. However, I spent the majority of 2006 in a tax exempt combat zone. As a result, my taxable income, AGI, and every other number on my 1040 was microscopic.
That certainly doesn’t make me poor. In fact, having very little of my income taxed leaves me much better off!
How many hundreds of thousands of people are in the exact same situation as me in any given year?
