BrainKing - Discussion boards (Politics)

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Politics

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24. April 2009, 14:36:48

Czuch

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Subject: Re:Now is he or is he not going to pay 50% of that in taxes???? and if he is going to, doesnt that leave him with 75K net, after tax income????

(V): all you had to say is that anything over 150k gets taxed at thr 50% level.... make yourself clear mate.

because how the news words it, it is for anyone who earns more than 150k....

okay, so the first 6k or so is tax free, and then the next 36k or so is taxed at 20%, then up to 150k is taxed at 40%, and then anything over 150k is taxed at 50%... is that it?, I think I got it now......