To: discostu
In all my 40 years of working, mostly I cringed with each 'tax cut', as normally that meant my takehome pay went down. Only once, on one year, during Reagan, did my pay check actually go up after a 'tax cut'. I got a $1.34 per month increase in my take home pay. All the other 'tax cuts', my take home pay always went down.
56 posted on
06/03/2003 2:15:50 PM PDT by
XBob
To: XBob
The "nice" part of graduated income tax is that there are always certain cusp points that lose (generally because they move the lines around so you wind up in a higher bracket and even though both your old and new brackets went down the bracket move negated any positive for you). There are also certain cusp points that win, both of Bush's cuts have been very good to me and I'm hoping this new one makes it a trend.
57 posted on
06/03/2003 2:20:16 PM PDT by
discostu
(If he really thinks we're the devil, then lets send him to hell)
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