Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: mph who wrote (6528)	3/12/2004 1:13:57 AM
From: Lizzie Tudor	Read Replies (2) of 81568

No one actually can explain what they mean. Hows this for an explanation. Taxpayer A makes $80K/year and pays 40% in taxes including fica, federal income tax and any relevant state. (approx). Taxpayer B makes $150K/year and pays 32%, this would be 40% on the first 85K of earnings and the federal rate on the final 65K. The higher earner pays LESS in taxes. Sound fair to you? Doesn't sound fair to me.

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