
What do the Bush tax cuts mean to you, and what would happen
if Obama or Clinton let them reverse?
( Figures courtesy of Garrison listener Jim Morgan)
2000 Tax Brackets
(Clinton’s last year in office)
|
2006 Tax Brackets
(After Bush Tax Cuts)
|
|
Single Taxpayer |
Single Taxpayer |
|
| |
|
|
|
|
| Taxable Income |
Tax Rate |
Taxable Income |
Tax Rate |
Difference |
| 0 – 25,750.00 |
15% |
0 – 7,550.00 |
10% |
33% Savings |
| 27,751 – 62,450 |
28% |
7,501 – 30,650 |
15% |
46% Savings |
| 62,451 – 130,250 |
31% |
30,651 - 74,200 |
25% |
19% Savings |
| 130,250 - 283,150 |
36% |
74,201 .- 154,800 |
28% |
22% Savings |
| 283,150 and over |
39.6% |
154,800 - 336,550 |
33% |
17% Savings |
| |
|
336,551 and up |
35% |
11% Savings |
| |
|
|
|
|
Married Taxpayer |
Married Taxpayer |
|
| |
|
|
|
|
| Taxable Income |
Tax Rate |
Taxable Income |
Tax Rate |
Difference |
| 0 – 43,050 |
15% |
0 – 15,100 |
10% |
33% Savings |
| 43,051.- 104,050 |
28% |
15,101 - 61,300 |
15% |
46% Savings |
| 104,051 - 158,550 |
31% |
61,301 - 123,750 |
25% |
29% Savings |
| 158,551 - 283,150 |
36% |
123,751 - 188,450 |
28% |
22% Savings |
| 283,151 and over |
39.6% |
188,451 - 336,550 |
33% |
17% Savings |
| |
|
336,550 and up |
35% |
13% Savings |
|
|