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re: Special Session: Black Caucus issues an ultimatum to increase income tax

Posted on 2/26/18 at 12:15 pm to
Posted by slackster
Houston
Member since Mar 2009
85122 posts
Posted on 2/26/18 at 12:15 pm to
quote:

It would affect anyone above 25K

Wrong, it would affect anyone above $12.5k. $12.5k to $25k would pay an additional 2% there also.


Huh?

$12,500 to $25k would pay 4% marginal rates under the current and proposed changes. $25k+ is where the changes would be felt.
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 2/26/18 at 12:20 pm to
quote:


Huh?

$12,500 to $25k would pay 4% marginal rates under the current and proposed changes. $25k+ is where the changes would be felt.



I think some edits by the OP may have thrown people off
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