Re: Why I Pay Too Much in Taxes
17 Dec
2003
17 Dec
'03
11:17 p.m.
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
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Duncan Frissell