| Essentially, someone who makes < $20K isn't paying taxes anyway. Standard deduction is $11K and $3.5K for exemptions. So it's a matter of how much the candidates are willing to give.
In the top bracket, those suckers are being taxed at 50% or more and are paying in excess of a million in taxes.
I'm for the flat tax -- 15% across the board as taxes are nothing more than Robin Hood-style redistribution of wealth.
Shouldn't the second bracket be 603K - 2.9 mil? |