Civil War, Part II

[roguebanshee]

And, then, you answered your own question.Which you estimate is 60% of your earning power.

Your example does not include the fact that basic cost of living expenses also contain part of the 60% tax he gave as an example. So, if the annual cost of living is $40,000 then that includes (at least around here) most or all the taxes beyond income tax. People do not go around calculating their cost of living and then exclude the tax on eg. gas or food. In the end, your example leaves about $10,000-$20,000 for fun stuff (which will be taxed) and unforseen expenses, depending on income tax.

Yes, there are people who push their cost of living so far that they can't afford to do anything but work and pay their taxes. But that kind of stupidity does not know borders, I'm quite sure you could find plenty in USA (wasn't there something about mortgages and banks not working out as intended recently:P).