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First recorded activity by BoatBanter: Jul 2011
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Default Charlie Cook Sees GOP Winning Big in 2012

On 11/22/2011 4:18 PM, bpuharic wrote:
On Mon, 21 Nov 2011 23:59:40 -0500, wrote:

On Mon, 21 Nov 2011 17:39:33 -0500, wrote:

not enough. not enough at all. they pay 15%. i pay 28%


Bull****.

If you pay 28% you are one of the 1%.

Two people, no kids, making a combined $100k end up paying about 11%
taking the standard deduction.


not too smart are you? 28% is middle class income:

http://taxes.about.com/od/Federal-In...1-Tax-Year.htm

•10% on taxable income from $0 to $8,500, plus
•15% on taxable income over $8,500 to $34,500, plus
•25% on taxable income over $34,500 to $83,600, plus
•28% on taxable income over $83,600 to $174,400, plus
•33% on taxable income over $174,400 to $379,150, plus
•35% on taxable income over $379,150.


no wonder you're right wing. you're too stupid to be anything BUT....



Those are the rates for "taxable" income after deductions, credits, etc.
And we do NOT pay 28% on the whole "taxable" amount. There are
brackets below the 28% bracket where the applied tax is lower.

From your cite the first 8.5K is taxed at 10%. From 8.5K to 34.5K is
taxed at 15% and so on. Thus the net percentage paid is lower that 28%
for the bracket under discussion.

But you're too stupid to know that. I hope your account is smarter than
you are.