[OM] Re: [OT] US taxes, was: [ot] alternative fuels

[Jan Steinman]

> From: Andrew Fildes <afildes@xxxxxxxxxxxxx>
>
> What is interesting to me there is that there is no tax-free
> threshold - if I earn $10 in a year in the US I'd owe the IRS a
> dollar?

There is the "standard deduction" and the "personal exemption" --  
together establish a floor of some $6,000-$7,000 or so.


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