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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Rascal who wrote (68020)	1/23/2003 1:06:14 PM
From: aladin	Read Replies (1) \| Respond to of 281500

Very good! Its nice to actually have data to work with :-) So in year 4 the 'rich' get down to only paying only 10% more of their income than moderately wealthy americans rather than 11.6% more. Since that 1.6% difference is with the group that pays the majority of taxes - society will probably fall apart :-) When was the 39.6% bracket created, what was it before? Answer: Introduced in 1993. It was only 28% as recently as the 80's. In between the 31 and 33 percent brackets were created. When the new tax brackets (36 and 39.6), these horrible wealthy people were hit with 3 to 6.6% increases when middle class folks held the line. So it seems that extra percentages on the 'rich' are ok by you, but any extra rollback is not? John@gottalovethedetails.com