PRESIDENT GEORGE W. BUSH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bald Eagle who wrote (202024)	11/12/2001 4:36:02 PM
From: Kenneth V. McNutt	Read Replies (1) of 769670

<<but I'm sure a 5% decrease in tax is nowhere near as good as a 5% salary increase. >> Would not the 5% tax decrease be a reduction of a persons tax bracket from say 15% to 10% a 33% reduction or a 5% reduction from say 39% to 34% or an approx 14% reduction? or am I misunderstanding tax bracket reduction theory??? Would this saving be higher than an increase after taxes under the existing brackets? seems a 5% increase in wages would favor the high wage person. Also, the employer pays substantial additional taxes on every dollar increase the employee receives. Puzzle. Need a CPA. Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next