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We pay $350k a year in taxes and can’t afford a house.
AOC wants to tax the rich. She also denies that she’s levying a tax on doctors.
Democrats want to raise taxes on couples making above $450k a year. My wife and I are both doctors. That would certainly increase our tax burden. We already pay about $350k a year in federal and state taxes (not including our insane gas tax). We aren’t starving, so this isn’t a call for pity. However, despite us making enough to garner such a large tax bill, we still can’t afford to buy a house.
Clearly part of our problem is the extraordinarily high cost of living in our chosen area. We currently rent a place that has a leaking roof, a mouse infestation, and appliances which occasionally function as intended.
I didn’t become a doctor to become rich. With the amount of time and training I’ve invested, the effort would have had a much bigger ROI in finance, tech or some other sector.
Still, I’d like to be able to afford a house. That quintessential part of the American Dream.
So, yeah, stick it to us rich folks. That’ll show us for wanting to own extravagant things like a single-family home…Published in