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Kellerfeller

(397 posts)
6. Anyone who reads/watches any news sources
Wed Jan 25, 2012, 06:13 PM
Jan 2012

knows that Romney's effective tax rate was in the 14% range. (And that there is no 14% marginal tax range)

They also know that a teacher may be in the 25% marginal tax bracket before deductions. He/she may even be in that bracket after deductions, but unlikely for many teachers due to the low pay. However, anyone with half a brain knows that not only is part of the income not taxed (due to deductions, even if they don't itemize) but not all of the income is taxed at the 25% rate.

So there is really no way a teacher can pay 25% unless they have significant other income or win the lottery.

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