My goodness! You would think it was the end of the world. An MD who makes more than 10 average American families cries over owing large amounts of income tax. I would hate to see how upset he would be if he were to lose his job!
My point here is this: nobody likes paying taxes. But when you do owe taxes it is always the result of something positive….you made money!
And following that logic, if you owe a lot of taxes all the time, you probably make a lot of money, all the time!
Don’t get me wrong. It is my dayjob to help people pay the lowest legal tax amount possible. But I do not pity the taxpayers who make multiple six digits every year and have to pony up some green to Uncle Sam.
I purposely avoid discussing politics here. But I wanted to console those of you who have to write big tax checks this April….making good money in THIS economy is quite an accomplishment, keep up the good work!