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Politics : PRESIDENT GEORGE W. BUSH
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To: sylvester80 who wrote (472350)10/7/2003 2:19:57 PM
From: mph  Read Replies (1) of 769670
 
According to the information on the site I posted, here is the breakdown(i.e., re the effect of the tax cut):

Accelerate tax rate reductions that were scheduled for 2004 & 2006.

Tax Brackets

35%

33%

28%

25%

15%

10%


Result: Lower tax bills for those in the top four tax brackets because rates have been cut at least two percentage points per bracket. Those who will benefit in 2003 are taxpayers with incomes over:

· $28,400 (single)

· $56,800 (married filing jointly, and qualifying widow(er)s)

· $38,050 (head of household), and

· $28,400 (married filing separately)

______________________________________________

What is the actual rate being paid by those below these cut-offs?

Exactly what is Rather measuring--dollars or percentages?
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