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If you have a family of four with an income of just under $50,000, they could end up paying more under the Cain plan. Currently, they are taxed around $3,850 in income tax. Under Cain’s plan, they would be taxed at 9 percent or pay $4,500. That’s $650 more.
That means under the Cain plan that family could end up paying $2,725 more.
Originally posted by camaro68ss
this is the biggest load of BS ive heard all day. how is a family of $50,000 wages only paying $3,850 in taxes? thats a tax rate of 6%!!! that family should be paying 23% under federal tax code!
I want there accountentedit on 13-10-2011 by camaro68ss because: (no reason given)edit on 13-10-2011 by camaro68ss because: (no reason given)
Originally posted by GmoS719
Originally posted by camaro68ss
this is the biggest load of BS ive heard all day. how is a family of $50,000 wages only paying $3,850 in taxes? thats a tax rate of 6%!!! that family should be paying 23% under federal tax code!
I want there accountentedit on 13-10-2011 by camaro68ss because: (no reason given)edit on 13-10-2011 by camaro68ss because: (no reason given)
I was going to say the same thing, but we can't hate the OP for believing everything he reads.
L.O.L
Originally posted by irsuccubus
Welcome to Sim City ladies and gents
Hermain Cain 999 plan...Did it come from Sim City?
Originally posted by Ghost375
Originally posted by irsuccubus
Welcome to Sim City ladies and gents
Hermain Cain 999 plan...Did it come from Sim City?
wow, what a clown...
Originally posted by camaro68ss
this is the biggest load of BS ive heard all day. how is a family of $50,000 wages only paying $3,850 in taxes? thats a tax rate of 6%!!! that family should be paying 23% under federal tax code!
I want there accountentedit on 13-10-2011 by camaro68ss because: (no reason given)edit on 13-10-2011 by camaro68ss because: (no reason given)
Originally posted by GmoS719
Originally posted by camaro68ss
this is the biggest load of BS ive heard all day. how is a family of $50,000 wages only paying $3,850 in taxes? thats a tax rate of 6%!!! that family should be paying 23% under federal tax code!
I want there accountentedit on 13-10-2011 by camaro68ss because: (no reason given)edit on 13-10-2011 by camaro68ss because: (no reason given)
I was going to say the same thing, but we can't hate the OP for believing everything he reads.
L.O.L
Originally posted by Ghost375
Originally posted by GmoS719
Originally posted by camaro68ss
this is the biggest load of BS ive heard all day. how is a family of $50,000 wages only paying $3,850 in taxes? thats a tax rate of 6%!!! that family should be paying 23% under federal tax code!
I want there accountentedit on 13-10-2011 by camaro68ss because: (no reason given)edit on 13-10-2011 by camaro68ss because: (no reason given)
I was going to say the same thing, but we can't hate the OP for believing everything he reads.
L.O.L
Are you guys serious?
A family of 4 making $50,000 doesn't pay 23% in taxes. Where the heck did you read that, or did you just make it up? Not to mention the person who said that misspelled "accountent." and used the wrong "there."
Originally posted by Ghost375
Originally posted by GmoS719
Originally posted by camaro68ss
this is the biggest load of BS ive heard all day. how is a family of $50,000 wages only paying $3,850 in taxes? thats a tax rate of 6%!!! that family should be paying 23% under federal tax code!
I want there accountentedit on 13-10-2011 by camaro68ss because: (no reason given)edit on 13-10-2011 by camaro68ss because: (no reason given)
I was going to say the same thing, but we can't hate the OP for believing everything he reads.
L.O.L
Are you guys serious?
A family of 4 making $50,000 doesn't pay 23% in taxes. Where the heck did you read that, or did you just make it up? Not to mention the person who said that misspelled "accountent." and used the wrong "there."
Originally posted by GmoS719
Originally posted by Ghost375
Originally posted by GmoS719
Originally posted by camaro68ss
this is the biggest load of BS ive heard all day. how is a family of $50,000 wages only paying $3,850 in taxes? thats a tax rate of 6%!!! that family should be paying 23% under federal tax code!
I want there accountentedit on 13-10-2011 by camaro68ss because: (no reason given)edit on 13-10-2011 by camaro68ss because: (no reason given)
I was going to say the same thing, but we can't hate the OP for believing everything he reads.
L.O.L
Are you guys serious?
A family of 4 making $50,000 doesn't pay 23% in taxes. Where the heck did you read that, or did you just make it up? Not to mention the person who said that misspelled "accountent." and used the wrong "there."
Ah, I see. You have no other argument other than pointing out typos. It's a low blow and also not relevant to the thread.
23% is accidentally incorrect. However, ABC knowingly lying to the public stating that they only pay 6% in income tax is wrong, just outright wrong.