View Single Post
Old 01-28-2008, 05:00 PM  
ADL Colin
Too lazy to set a custom title
 
ADL Colin's Avatar
 
Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
Quote:
Originally Posted by Snake Doctor View Post
The way progressive tax brackets work, every time they cut tax rates for people in a lower bracket than you, you also get a tax cut.

If you're in the 5th bracket, and they cut taxes in the 4 brackets below your top bracket, you get 4 tax cuts. So even if they don't cut the top bracket you're still getting a bigger cut than everyone below you, so quit your bellyaching.

I only care about %'s. A 10% tax cut for the lowest bracket saves me a little less than $800. Can't even buy a share of Berkshire with that.

SAVE THE UPPER CLASS!
__________________


Adult Date Link - $50 PPS starting NOW! -- good and JUICY!

skype = "adultdatelink"
ADL Colin is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote