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Tax Penalty to hit 6M uninsured (Middle Class)

Featured Replies

So do we file this under "hope" or "change we can believe in"?

 

Foward.

 

To where, I have no idea.

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People will start to notice then....

 

Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

 

-The 10% bracket rises to a new and expanded 15%

 

-The 25% bracket rises to 28%

 

-The 28% bracket rises to 31%

 

-The 33% bracket rises to 36%

 

-The 35% bracket rises to 39.6%

People will start to notice then....

 

Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

 

-The 10% bracket rises to a new and expanded 15%

 

-The 25% bracket rises to 28%

 

-The 28% bracket rises to 31%

 

-The 33% bracket rises to 36%

 

-The 35% bracket rises to 39.6%

Yeah, 53% will notice.:D

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