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Zero Tax Difference for Married Couple @ $190,000/yr (Kerry vs shrub) WSJ

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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 12:27 PM
Original message
Zero Tax Difference for Married Couple @ $190,000/yr (Kerry vs shrub) WSJ
This freaks out the repugs. On 8/26/04 the WSJ ran a comparison of the Kerry tax plan vs shrubs (page D2).

There is a chart. For married couple with two children under age ...earning $190,000 year....THERE IS ZERO DIFFERENCE IS TAXES.


For 95% of America that earns this amount of less.... there is NO Benefit or difference.

It's in the Wall Street Journal so go tell the undecided's ....sing from the mountain top and go burst a repug brain by telling them

the truth.


(under both plans each couple would pay $30,500/year)
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Ready4Change Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 12:44 PM
Response to Original message
1. What is the difference above and below $190,000?
.
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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 12:46 PM
Response to Reply #1
2. here's the chart I copied...don't have the direct link
Taxpayers Income Current Kerry Difference
--------- ------ ------- ----- ----------

Married $190K 30,500 $30,500 0


Single $275K 59,800 62,300 2,500


Married $500k 111,350 118,450 7,100

Married $750k 167,250 190,450 23,200

Married $1Million 215,250 250,100 34,580


Source: Deloit & Touche
WSJ page D2 8/26/04
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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 12:49 PM
Response to Original message
3. for 95% of americans...shrub's tax plan saves them ZERO vs Kerry's plan
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