With the Bush tax cuts set to expire in January, taxes will increase for everyone for next year:
SINGLE
Taxable income from 0 to 8,500 will be taxed at 15% (up from 10%)
from 8,500 to 34,550 stay at 15%
from 34,550 to 83,700 will be taxed at 28% (up from 25%)
from 83,700 to 174,650 will be taxed at 31% (up from 28%)
from 174,650 to 379,650 will be taxed at 36% (up from 33%)
from 379,650 and up will be taxed at 39.6% (up from 36%)
Since he is set to make from 50 to 60 million fighting Pac, he will pay over 2 million dollars more in taxes (closer to 2.5 million more.)
That's an expensive vacation.
SINGLE
Taxable income from 0 to 8,500 will be taxed at 15% (up from 10%)
from 8,500 to 34,550 stay at 15%
from 34,550 to 83,700 will be taxed at 28% (up from 25%)
from 83,700 to 174,650 will be taxed at 31% (up from 28%)
from 174,650 to 379,650 will be taxed at 36% (up from 33%)
from 379,650 and up will be taxed at 39.6% (up from 36%)
Since he is set to make from 50 to 60 million fighting Pac, he will pay over 2 million dollars more in taxes (closer to 2.5 million more.)
That's an expensive vacation.
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