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To: Georgia Girl 2
Correct me if I have this wrong but I interpreted Trump's tax plan to mean that if you make less than $50,000 (as a married couple), you pay zero taxes but then you are taxed 10% on every dollar above $50,000. So if you are making as a couple $55,000 a year, you pay zero tax on the first $50,000 and 10% tax on the $5,000 (or $500).

It would be silly to tax a couple $5,000 for making $50,001/year while taxing zero for making one dollar less.

71 posted on 09/28/2015 11:27:58 AM PDT by SamAdams76 (A businessman gets things done with own money. A politician takes money and gets nothing done.)
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To: SamAdams76

Personally I didn’t get that but I did miss the audio portion of the first several minutes and had to reload the streaming so I don’t know. My take was that at $50,000 or above you pay whatever percentage on the whole thing. Maybe I didn’t interpret it properly.


73 posted on 09/28/2015 11:43:19 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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