Quote:
Originally posted by Bill Verburg
Do you realize that if you are a middle class single guy making say $70-$90k/yr, your marginal tax rate is 40% , before the GoP(Greedy Ole Party) got ahold of the guvt. The marginal rate for a say $300k earner was around 38%, currently it is 33% for a less well off $146k earner it is 28%. That's what the GoP did for all you middle class guys. So much for progressive or even falt tax ideas.
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A single guy making 70-90k a year around here(philly) is HARDLY middle class.
That would be more around 30-50k.
70-90k per around here is a house in the burbs and a new car in your drive....ie, UPPER middle class.
For myself(and i AM middle class), i have definitely had less taxes taken out of my earnings since the cuts.
Plain and simple.