DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Economists Look at the Real Cost and Effects of Possible Tax Increases on the Rich

**sat23neus2** · 11-16-2010, 01:50 AM

The Washington Post has put together a chart comparing the tax savings offered to earners in several wage brackets in the Democratic plan compared to the Republican plan.
http://www.washingtonpost.com/wp-dyn...081106717.html

Please explain how the makers of this chart can claim that someone earning 500K is getting a $6701 tax cut from the DEM plan when their tax rate is increasing from 35% to 39.6%? A tax cut compared to what?

11-16-2010, 01:50 AM	#11
sat23neus2 Join Date Oct 2005 Posts 421 Senior Member	The Washington Post has put together a chart comparing the tax savings offered to earners in several wage brackets in the Democratic plan compared to the Republican plan. http://www.washingtonpost.com/wp-dyn...081106717.html Please explain how the makers of this chart can claim that someone earning 500K is getting a $6701 tax cut from the DEM plan when their tax rate is increasing from 35% to 39.6%? A tax cut compared to what?
	Quote