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To: Free ThinkerNY
Major categories of "Where my money went last year":

Taxes 21% (doesn't count sales tax)
Charity (redacted)
Insurance 7%
Automobile 4% (includes gas/oil/maintenance and repair)

19 posted on 10/28/2008 2:53:00 PM PDT by kinsman redeemer (The real enemy seeks to devour what is good.)
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To: kinsman redeemer
 

Tax Hikes, Tax Cuts

1993 saw a tax hike on the wealthy (via two new brackets at the top), and then 2001 through 2003 saw a series of tax cuts that lowered the tax brackets as follows:

  1992   1993 -
2000
  2001   2002   2003 -
2008
15% 15% 15% 10% 10%
15% 15%
28% 28% 27.5% 27% 25%
31% 31% 30.5% 30% 28%
36% 35.5% 35% 33%
39.6% 39.1% 38.6% 35%

SOURCE: MoneyChimp.com

20 posted on 10/28/2008 3:07:52 PM PDT by kinsman redeemer (The real enemy seeks to devour what is good.)
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