I don't pay that much. I haven't done my 2006 taxes yet (yeah, I know, I
know..deadline's approaching) but I made about 10,000 last year. So I think
I'm in the lowest tax bracket. I used the 28% example because most of the
members of this mailing list are middle class and that's the rate such
people pay in the USA.
--
Chris Crawford
Photography & Graphic Design
Santa Fe, New Mexico
http://www.chriscrawfordphoto.com
http://www.plumpatrin.com Something the world NEEDS.
On 4/12/07 6:06 PM, "Chuck Norcutt" <chucknorcutt@xxxxxxxxxxxxxxxx> wrote:
> Subsidy? Why it's a God given right! :-)
>
> ps: I don't know if you actually read those tax tables but if Chris is
> actually paying 28% on all his taxable earnings he's not nearly so poor
> as he lets on. If you're a "head of household" the 28% rate doesn't
> start until you get past USD 110,100. You would need a taxable income
> (after deductions) of USD 340,000 to pay an overall income tax rate of
> 28%. Should be enough to buy a new car and even a 40/2 :-)
>
> Chuck Norcutt
>
> Andrew Fildes wrote:
>> Wow - now that's what I call a middle class welfare subsidy!
>> Andrew Fildes
>> afildes@xxxxxxxxxxxxx
>>
>>
>>
>> On 13/04/2007, at 9:31 AM, Chuck Norcutt wrote:
>>
>>> Probably the largest singe deduction for most people
>>> is the home mortgage interest deduction.
>
> ==============================================
> List usage info: http://www.zuikoholic.com
> List nannies: olympusadmin@xxxxxxxxxx
> ==============================================
==============================================
List usage info: http://www.zuikoholic.com
List nannies: olympusadmin@xxxxxxxxxx
==============================================
|