Re:US Income Inequality: All for the Top 1%
by mcguire on Tuesday August 22, 2017 @12:17PM
(#15073856)
"If you are single and earn less than $25,000,...
you will not owe any income tax."
In 2016, if you were single and made $25,000 your tax was $3290. The standard deduction for singles is $6300. Is there a trick here?
Re:US Income Inequality: All for the Top 1%
by KZeillmann on Tuesday August 22, 2017 @03:48PM
(#15075750)
End of the estate tax, end of the AMT, moving the top tax bracket from 39.6% to 25%, to start.
Did you gather this view from reading the tax reform?
https://assets.donaldjtrump.com/trump-tax-reform.pdf