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Created page with "-- Proposal to increase income tax? -- 50% $720,000.01+ 42% $349,700.01 to $720,000.00 39% 33% 28% 19% 8% The current 35 bracket will be split into two brackets, 42 and 50. All..."
-- Proposal to increase income tax? --
50% $720,000.01+
42% $349,700.01 to $720,000.00
39%
33%
28%
19%
8%
The current 35 bracket will be split into two brackets, 42 and 50. All other brackets have the same income definition as before the increase. Also notice that the 10% bracket has been *lowered* to 8%: this is done to give the poor a little something back.
[[User:Bootmii|Bootmii]] 22:09, 12 June 2011 (EDT)
50% $720,000.01+
42% $349,700.01 to $720,000.00
39%
33%
28%
19%
8%
The current 35 bracket will be split into two brackets, 42 and 50. All other brackets have the same income definition as before the increase. Also notice that the 10% bracket has been *lowered* to 8%: this is done to give the poor a little something back.
[[User:Bootmii|Bootmii]] 22:09, 12 June 2011 (EDT)