Tuesday, January 07, 2003

Oooooo . . . The big tax relief plan

2003 - - 2004/2005 - - 2006/2010
38.6 - - - - 37.6 - - - - - - 35.0 %
35 - - - - - 34 - - - - - - - - 33 %
30 - - - - - 29 - - - - - - - - 28 %
27 - - - - - 26 - - - - - - - - 25 %
15 - - - - Same - - - - - - - Same
10 - - - - Same - - - - - - - Same

Ya know, it is one thing to hear the buzzwords and wonder why, but then to see the actual numbers. atta boys to the wealthy, with NO relief to the middle class. The Bush tax Relief act provides NO relief to almost HALF of those who filed tax returns

Marriage Penalty relief. Just in case you didn't know, Bush's proposal for this relief doesn't effect anyone that itemizes deductions. The Head of Household deduction would still be a better filing status even under Bush's plan. He simply wants the standard deduction for marrieds to be double that of a single, Those of us that itemize, would not be effected by that at all. Also, only the amount of income taxed at 15 percent for married couples would increase to twice the amount of income taxed at 15 percent for single filers. The rest would remain relatively unchanged. My point is it is peanuts, not Gold, and the buzz to eliminate a marriage tax is merely political, because even Bush won't address the REAL marriage penalty. Classic Right Wing Spin, call it what people want to hear, but have it NOT do what they think it is doing.

The only problem with the Left is they are to damned honest.

Tax Pawlenty

Now he says he will withhold and cut State monies to Counties and Cities requiring them to increase Property taxes just to make up the difference. Sorry, Tim 'No new taxes' Pawlenty will be raising my taxes as predicted . . . 'If it walks like a duck, and talks like a duck . . . . .

Flash

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