PLYMCO_PILGRIM
Gold Member
Here is a handy dandy calculator to see what savings you will lose when they let the cuts expire. http://www.smartmoney.com/personal-finance/taxes/the-bush-tax-cut-worksheet-10177/
Here are examples in $10,000 incriments as backed up by the IRS (for single filers) Bush Tax Cuts Before Bush Tax Cuts
$10,000 $365 3.65% of income
$20,000 $365 1.83% of income
$30,000 $824 2.75% of income
$40,000 $1124 2.81% of income
$50,000 $1424 2.85% of income
$60,000 $1724 2.87% of income
$70,000 $2218 3.11% of income
$80,000 $2575 3.21% of income
$90,000 $2875 3.19% of income
$100,000 $3145 3.14% of income
Here are examples in $10,000 incriments as backed up by the IRS (for single filers) Bush Tax Cuts Before Bush Tax Cuts
$10,000 $365 3.65% of income
$20,000 $365 1.83% of income
$30,000 $824 2.75% of income
$40,000 $1124 2.81% of income
$50,000 $1424 2.85% of income
$60,000 $1724 2.87% of income
$70,000 $2218 3.11% of income
$80,000 $2575 3.21% of income
$90,000 $2875 3.19% of income
$100,000 $3145 3.14% of income