Tax Rates Reflect Quality Of Life: Difference between revisions

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Latest revision as of 01:55, 2 April 2025

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My personal finances would be $117,589 adjusted gross income, itemized deductions of $19,349 and exemptions of $14,600, making my total taxable income $83,640. My total tax is $13,269, I have credits of $3099 making my total tax in 2010 $10,170. My increase for your 10-year plan would check out $18,357. For your class warfare that the politicians like to use, I compare my finances to your median research. The median earner pays taxes of 8.9% of their wages for the married example and 7.3% for the single example. I pay 3.7% for my married income, and 5.8% additional the median example. For that 10 year plan those number would change to five.2% for the married example, 11.4% for that single example, and 15th.6% for me.

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