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Response to hfojvt (Reply #29)

Wed Oct 23, 2013, 10:50 PM

30. The current income tax structure is across the board, and

the 2013 rates are.

10% up to $8,925
15% up to $36,250
25% up to $87,850
28% up to $183,250
33% up to $398,350
35% up to $400,000
39.6% at $400,001+

And since you're speculating and wishing, here is an actual tax increase that did hit the rich.

Net Investment Income Tax

A new Net Investment Income Tax goes into effect starting in 2013. The 3.8 percent Net Investment Income Tax applies to individuals, estates and trusts that have certain investment income above certain threshold amounts. The IRS and the Treasury Department have issued proposed regulations on the Net Investment Income Tax. Comments may be submitted electronically, by mail or hand delivered to the IRS. For additional information on the Net Investment Income Tax, see our questions and answers.

Additional Medicare Tax

A new Additional Medicare Tax goes into effect starting in 2013. The 0.9 percent Additional Medicare Tax applies to an individualís wages, Railroad Retirement Tax Act compensation, and self-employment income that exceeds a threshold amount based on the individualís filing status. The threshold amounts are $250,000 for married taxpayers who file jointly, $125,000 for married taxpayers who file separately, and $200,000 for all other taxpayers. An employer is responsible for withholding the Additional Medicare Tax from wages or compensation it pays to an employee in excess of $200,000 in a calendar year. The IRS and the Department of the Treasury have issued proposed regulations on the Additional Medicare Tax. Comments may be submitted electronically, by mail or hand delivered to the IRS. For additional information on the Additional Medicare Tax, see our questions and answers.

http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions



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hfojvt Oct 2013 OP
Pretzel_Warrior Oct 2013 #1
factsarenotfair Oct 2013 #2
hfojvt Oct 2013 #4
quinnox Oct 2013 #3
hfojvt Oct 2013 #21
1000words Oct 2013 #5
Poker Bots Oct 2013 #6
gopiscrap Oct 2013 #13
Dragonfli Oct 2013 #7
JDPriestly Oct 2013 #8
Divernan Oct 2013 #9
hfojvt Oct 2013 #18
SleeplessinSoCal Oct 2013 #10
jtuck004 Oct 2013 #11
SleeplessinSoCal Oct 2013 #20
hfojvt Oct 2013 #14
SleeplessinSoCal Oct 2013 #19
Laelth Oct 2013 #12
dawg Oct 2013 #15
hfojvt Oct 2013 #16
leftstreet Oct 2013 #17
ProSense Oct 2013 #22
hfojvt Oct 2013 #23
ProSense Oct 2013 #24
hfojvt Oct 2013 #25
ProSense Oct 2013 #26
hfojvt Oct 2013 #27
ProSense Oct 2013 #28
hfojvt Oct 2013 #29
LineLineLineLineLineLineLineLineLineNew Reply The current income tax structure is across the board, and
ProSense Oct 2013 #30
hfojvt Oct 2013 #31
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