Quote:
Originally Posted by MTK
|
Matty, you can lie to yourself the rest of your life, it doesn't change the facts.
Income Tax Rates: The law retained the seven individual income tax brackets. The top rate fell from 39.6% to 37%, while the 33% bracket dropped to 32%, the 28% bracket to 24%, the 25% bracket to 22%, and the 15% bracket to 12%. The lowest bracket remained at 10%, and the 35% was unchanged.
The only people that got "screwed" were the people in the 33% and 35% tax brackets. They only got a 1% or 0% cut, respectively. Anyone below that got a bigger tax cut than the wealthiest people.