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Originally Posted by Texpat  Quote:
Originally Posted by AntRobertson Sorry, don't quite follow you there? Do you mean that those earning <$20k are at set levels of deductions? | No, those earning less than 20K have enough standard deductions, roughly, to offset any taxes they might owe. They could set their withholding to zero (pay no taxes throughout the year) and still come up oweing nothing or very little. So tax cuts to that group mean nothing more than a payday they otherwise wouldn't have realized. |
Ahh follow you now! Sorry, misunderstood what you meant by "deductions". I read that to mean what they have to pay, not what they are exempt from.
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Redistributing from those who make more.  |
"You can judge a society by how they treat their weakest members." - Gandi
