Showing posts with label Tax Rate. Show all posts
Showing posts with label Tax Rate. Show all posts

Thursday, July 17, 2008

Tax Statistics

Summary presentation of July 6 posting submitted by concerned voter:

Taxes.. Whether Democrat or a Republican you will find these statistics enlightening and amazing. www.taxfoundation.org/publications/show/151.html

Taxes under Clinton 1999 Taxes under Bush 2008

Single making 30K - tax $8,400 Single making 30K - tax $4,500

Single making 50K - tax $14,000 Single making 50K - tax $12,500

Single making 75K - tax $23,250 Single making 75K - tax $18,750

Married making 60K - tax $16,800 Married making 60K- tax $9,000

Married making 75K - tax $21,000 Married making 75K - tax $18,750

Married making 125K - tax $38,750 Married making 125K - tax $31,250

Obama will return to the higher tax rates It is amazing how many people that fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If Obama is elected, he said he will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can't wait for it to happen. This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don't even know what happened.

Sunday, July 6, 2008

Federal Rate Tax Income History

The Tax Foundation shows at a glance The Federal Individual Income Tax Rate History from 1913 to 2008.

Check InfoPlease President to determine who was President at the time.

Check InfoPlease Speaker of the House to determine who was Speaker of the House at the time.

Check InfoPlease Senate Floor Leaders to determine who was majority and minority leader at the time.

The Tax Foundation compares the Tax under Pres. Clinton and Pres. Bush.