Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (528914)	11/14/2009 9:52:13 AM
From: TimF	of 1577179

They don't face an average tax rate that exceeds their income, they don't even face a marginal tax rate that exceeds their income if your just talking taxes. But when you add income taxes to payroll taxes, to benefit reductions and eliminations, (including the reduction of subsidies for the health insurance which the house bill requires they buy), then the effect is as if they faced a marginal tax rate that exceeds their income. Add all those things together and many in that income group will not get to keep any extra money in the range in question.

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