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Did you know that as a single person making 30K you paid a tax of $8,400 in 99, you paid a tax of$4,500 in 08?
Taxes...Whether Democrat or a Republican you will find these statistics enlightening and amazing.
www.tax foundation.org/publications/show/151.html
Now that the question has been out there several hours I see that only a few of you checked the source? We all get e-mails all the time that have INCORECT INFORMATION. So please check your sources before you trust things as fact.
9 Answers
- berenLv 71 decade agoFavorite Answer
Did you know that your own source says your info is completely bogus?
- Anonymous1 decade ago
No, totally false, I am looking at the 1999 tax table and the rate for 30,000 taxable income was $5,060. The rate for $30,000 taxable income this year is 4,113.
The figures from your link for single taking the standard deduction are
Single, income of 30,000
1999 $3,157.50
2008 $2,756.25
Seems like you pulled your numbers out of thin air.
Source(s): IRS tax tables and the Link you provided. - Garrett HLv 41 decade ago
Yeah, our taxes are lower yet we have money flying out the door to Iraq faster than we can print it. It's all gravy. America is maxing out all it's credit cards. Always feels good...for a while.
- T-BoneLv 71 decade ago
To answer your question;
You are correct, and that is why up until very recently America has enjoyed the longest un-interrupted growth period in over 50 years.
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- Anonymous1 decade ago
Yeah, but 4.20$ for a gallon of milk and no less than 3.00$ a gallon of gas.
- LurchLv 71 decade ago
Thanks for the information. Hopefully this will dispell the myth that Republicans only favor tax cuts for the rich.
- Anonymous1 decade ago
Could of fooled me.
- Anonymous1 decade ago
sane people understand this