On Wed, 21 Jul 2010 22:46:49 -0400, bpuharic wrote:
On Wed, 21 Jul 2010 22:26:58 -0400, W1TEF wrote:
http://www.investors.com/NewsAndAnal...e-Horizon.aspx
the death tax affects 0.2% of all taxpayers. how is this a 'tsunami'?
and, given the fact that the wealthiest 1% have had a 500% increase
in income in the past 30 years, a 165% increase in taxes is something
they deserve. they screwed the economy. let them p ay for it.
but the right wing sheds its tears for the rich, ignoring completely
the plight of the middle class
Ok Bob - fair enough - that's your opinion - I respect that.
Explain this then. What represents more of a tax burden on income - a
5% raise from 10% to 15% at the lower end of the taxe base or a 4.9%
increase from 35% to 39.6%?
Add another couple of percentage points for the return of the AMT and
reductions in deductions (hey I'm a poet) in several important
categories.
Who is getting screwed the hardest?