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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (43418)	5/24/2010 6:23:33 PM
From: TimF	Read Replies (1) \| Respond to of 71588

Marginal rate for one income tier only, not even median, and for one YEAR only For a tear in the middle class. Other tears would change slightly, some of them being slightly higher than today's rates rather than lower, but they aren't dramatically different until you climb up the wealth scale. The other nearby years (at least after Kennedy's rate cut) are very similar. The points about the non-income tax are not for one year or income tier only but are more general. 6% to 15.3% total payroll taxes is a large jump, and it applies for multiple years (on both ends, the 6% rate applied for awhile back then and the 15.3% has applied for awhile more recently) and a large span of income (all payroll income up to the statutory maximum which is currently $106,800) and with no attempt at compiling a comprehensive input for all other taxes I'll get right on it as soon as you provide me the large advance for writing the book. I provided a lot of data, you provided nothing.