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On Tue, 22 Nov 2011 17:39:13 -0500, Disgusted wrote:
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. oh. you dont know what a marginal tax rate is even though you just defined it yeah, you're right wing alright |
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