..............................Tax Cuts Extended Tax Cuts Expired
Taxable Income........ $18,981,000 $18,990,350?
Tax Liability............. $2,839,650........$5,622,239?
Average Tax........ Rate 14.95%............29.59%?
$5,622,239 - $2,839,650 = $2,782,589 x 2 years = $5,565,178?
Married, No children
Tax Plan: Tax Cuts Extended vs. Tax Cuts Expired
Tax Year: 2011
AMT Patch: AMT Patch in effect
Tax Calculator
If about 1,699,000 US households make more than $250,000,
and their portion of the tax cuts cost $120 billion
are America’s elected leaders
about to charge everyone’s kids $1,600 each
to give all the households making more than $250,000 per year
an average of $70,629.78 each?
$120,000,000,000 / 75,000,000 Kids = $1,600 per American Child?
$120 billion divided by 1,699,000 = $70,629.78?
No comments:
Post a Comment