Quote from TM_Direct:
Are you listening to what you are saying?
here's the scale again:
Old rate New rate Tax-bracket end points
Single Joint
10% Same $7,000 $14,000
15% Same $28,400 $56,800
27% 25% $68,800 $114,650
30% 28% $143,500 $174,700
35% 33% $311,950 $311,950
38.6% 35% None None
If you for ex. make 60k at IBm , your wife works for around 50k...your taxes go down....Now....why is it that a combined income of 100k contibutes 25k and a couple makes 200k has to pay 66k??? they are paying the bigger bulk of taxes and still paying a higher tax rate by 10%!!!! But many want to punnish them even more??? If i had may way it would be a flat 15% across the board for every man...no deductions. But what Ime really pointing out is a couple that makes 100k or more combined is considered RICH by congress,,,,we run around and claim equal rights for men, women and gays......but then apply different % rates to people making more....how unfair is that? whats good for one is good for all...a guy makin 100k will pay 15k , a guy making 1 mill will pay 150k....what is wrong with that?