Re: Why I Pay Too Much in Taxes

At 09:16 PM 5/7/96 -0400, Black Unicorn wrote:

My 1994-1995 code indicates 39.6% for single heads of households with incomes over $250,000. (Pay $77,299, plus 39.6% of the excess over $250,000). That was for the 1994 tax year.

If there was an explicit raise, I haven't heard (though this isn't too surprising, I haven't paid much attention to domestic U.S. tax rates lately).

Don't forget the 1.?% percent Medicare Tax that was uncapped in one of the tax laws and now applies to all earned income no matter how high. DCF