|Adjusted Gross Income||Amount of tax cut/td>|
Won't even cover the money I have to pay my now ex-husband each month.
I'll be saving it towards replacing our 17 year old Honda. I already increased my automatic bank transfer so I won't even notice the difference.
Groceries, clothing and the like. My wife has been out of work for quite a while now, so it will ease the pressure a bit. So, I guess I'll use it to stimulate the economy. No need to thank me, I'm happy to do it. :-)
That's a pretty interesting difference between $75k and $100k....
According to Yale Office of Public Affairs and Communication, Yale has a tax-free endowment worth .......... (drum-roll please)..... $17.3 billion.
Harvard holds a $26.4 billion tax-free endowment.
Let's start talking about the 21st Century instead of listening to tenured professors who are stuck in the mid-20th Century.
In our era HALF of all investments are held by tax-free entities. Read that as pension funds, IRA's and trusts like the Yale Endowment.
That is why we have owe $13 Trillion in federal debt, not because the people who pay taxes are getting a small break.
I think my tax break just about covers my pay cut + healtch are co-pay increases, but I haven't done the math yet.
Well, considering my tax cut is far less than the making work pay tax credit that will not be offered this year, it doesn't look like I get a tax break.
Not feeling sorry for most complaining about taxes. Do you have:
Cable TV - $600/year
Cell Phone - $900/year
Try cutting these and you will come out ahead, unless you make over $100k. If the latter is true, you probably don't qualify for financial pity.
High-speed Internet - $800/year.
(Lucky I don't smoke) Cigarettes - $2,474/year.
...and the list goes on.