N
no spam
Our taxes are not a lot different then yours, our top Federal tax rate is
Remember there are other taxes. As I pointed out in another msg he maybe
paying a lower federal income tax but I'm willing to bet his total tax rate
is much higher.
BTW, the first year I used TurboTax and with all the proper paperwork to
back everything up I paid an adjusted federal income tax of 2% (yes two
percent) on around $50K. I know this because when you finish up with
TurboTax it prints out a page showing you your tax rate.
Fascinating! I was under the impression that yours was far higher.
Also, I =think= our highest is 28%. Our govt, in its struggle to join
world socialism, has decreed that someone like me who made $37,000 last
year gets a =refund= of $5331 that I never even paid, simply because I
have 4 kids.... That is utterly insane. But what am I to do; not file?
Remember there are other taxes. As I pointed out in another msg he maybe
paying a lower federal income tax but I'm willing to bet his total tax rate
is much higher.
BTW, the first year I used TurboTax and with all the proper paperwork to
back everything up I paid an adjusted federal income tax of 2% (yes two
percent) on around $50K. I know this because when you finish up with
TurboTax it prints out a page showing you your tax rate.