[9YearLurker]

So along with the political idiocy of raising the income tax rate (from 10% to 12%) on the first 28k that people earn, while dropping the rate paid from $300K to $1M, it’s good to see this little sliver of a shred of good tax news.

[harpu]

WOW...that's interesting: "So along with the political idiocy of raising the income tax rate (from 10% to 12%) on the first 28k that people earn"

I wonder how many, if any, of these 'poor souls' pay anything when it comes to actually filing their taxes?!?

[E. Pluribus Unum]

So you believe in a highly-graduated income tax (”tax the rich”) just like Karl Marx in plank #2 of the Communist Manifesto?

[The_Republic_Of_Maine]

"So along with the political idiocy of raising the income tax rate (from 10% to 12%) on the first 28k that people earn,"

Where did you get that from, cnn?

The tax rate for the first 12K for singles and 24K for married couples is ZERO percent.