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ProSense

(116,464 posts)
30. The current income tax structure is across the board, and
Wed Oct 23, 2013, 10:50 PM
Oct 2013

the 2013 rates are.

10% up to $8,925
15% up to $36,250
25% up to $87,850
28% up to $183,250
33% up to $398,350
35% up to $400,000
39.6% at $400,001+

And since you're speculating and wishing, here is an actual tax increase that did hit the rich.

Net Investment Income Tax

A new Net Investment Income Tax goes into effect starting in 2013. The 3.8 percent Net Investment Income Tax applies to individuals, estates and trusts that have certain investment income above certain threshold amounts. The IRS and the Treasury Department have issued proposed regulations on the Net Investment Income Tax. Comments may be submitted electronically, by mail or hand delivered to the IRS. For additional information on the Net Investment Income Tax, see our questions and answers.

Additional Medicare Tax

A new Additional Medicare Tax goes into effect starting in 2013. The 0.9 percent Additional Medicare Tax applies to an individual’s wages, Railroad Retirement Tax Act compensation, and self-employment income that exceeds a threshold amount based on the individual’s filing status. The threshold amounts are $250,000 for married taxpayers who file jointly, $125,000 for married taxpayers who file separately, and $200,000 for all other taxpayers. An employer is responsible for withholding the Additional Medicare Tax from wages or compensation it pays to an employee in excess of $200,000 in a calendar year. The IRS and the Department of the Treasury have issued proposed regulations on the Additional Medicare Tax. Comments may be submitted electronically, by mail or hand delivered to the IRS. For additional information on the Additional Medicare Tax, see our questions and answers.

http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions



http://www.democraticunderground.com/10023795712
This message was self-deleted by its author Pretzel_Warrior Oct 2013 #1
How does Patty Murray fit into this? factsarenotfair Oct 2013 #2
When it comes to ATRA hfojvt Oct 2013 #4
Exactly, in any coming debates, it will be all about "austerity", and how the poor folk will have quinnox Oct 2013 #3
well gotta have priorities hfojvt Oct 2013 #21
Good post 1000words Oct 2013 #5
Grand Illusion Poker Bots Oct 2013 #6
welcome to DU gopiscrap Oct 2013 #13
good, thoughtful post. K&R Dragonfli Oct 2013 #7
K&R. JDPriestly Oct 2013 #8
Excellent link re distribution of wealth. Thanks. Divernan Oct 2013 #9
the wiki page needs an edit hfojvt Oct 2013 #18
How about hammering one point over and over until it's done SleeplessinSoCal Oct 2013 #10
That's really a good idea. And easy - Perhaps 70% of the people already pay this, why are we letting jtuck004 Oct 2013 #11
The are paying actually, but only up to a limit. Raise that limit aka "the cap". SleeplessinSoCal Oct 2013 #20
one trouble with that hfojvt Oct 2013 #14
Agreed. NO Chaine CPI!!! SleeplessinSoCal Oct 2013 #19
Useful information. k&r for exposure. n/t Laelth Oct 2013 #12
Can I go to Paradise Theater instead? dawg Oct 2013 #15
you could hfojvt Oct 2013 #16
DURec leftstreet Oct 2013 #17
Still pushing this nonsense? ProSense Oct 2013 #22
well thankfully the accursed payroll tax cut was ENDED hfojvt Oct 2013 #23
Nonsense. ProSense Oct 2013 #24
right back at you hfojvt Oct 2013 #25
More nonsense ProSense Oct 2013 #26
Why is it impossible to reason with you? hfojvt Oct 2013 #27
Why are you ignoring the effect of the current tax structure? ProSense Oct 2013 #28
maybe because that is not how the rich win hfojvt Oct 2013 #29
The current income tax structure is across the board, and ProSense Oct 2013 #30
so they are across the board hfojvt Oct 2013 #31
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