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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (146215)	11/8/2005 2:31:38 PM
From: Lane3	Respond to of 793890

but the 15 % bracket used to end at 47,000 single now ends around 59,000 It's hard to compare because so much is changing concurrently. The 47k folks and 59k folks are the same people. 59k in income is just 47k without the deductions. Same difference. It's not at all clear what happens on the very lowest end. There must be some provision for very lowest income folks not to pay tax at all but I can't find it anywhere. Surely you don't have to pay tax at 15% on your first dollar minus the family allowance. That would have singles earning only 3k paying tax, which is too stupid even for the government.