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Old 01-25-2007, 01:31 PM   #23
cokLoolioli

Join Date
Oct 2005
Posts
562
Senior Member
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If you have a family, you can take $15000 off your taxable income. Providing you have enough income to get the whole deduction, you should realize at least a $1650 reduction in your taxes. (11% taxes is the minimum)That should buy health insurance for a family of four for just about four months. If you are in the 28% bracket you get back about $4200. Just about enough to cover that family of four. Once again, the have's do better than the have not's with this President.
Under the democrats, everyone suffers equally. Is that what you would rather have? It is impossible to give the have nots any siginificant tax deductions because THEY PAY NO TAX.
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