Tax Increase

[Army_of_One]

I would like to know what everyone here thinks about tax increases and what it would do for the economy?

If we just roll back the current tax cuts here is how it would change...

Current 2007

If you are married and filing jointly and your taxable income is between:

0-15,650 Your tax rate is 10%

$15,650 and $63,700 Your tax rate is 15%
$63,700 and $128,500 your tax rate is 25%
$128,500 and $195,850 your tax rate is 28%
$195,850 and $349,700 your tax rate is 33%
%349,700 and above your tax rate is 35%

2000 Tax tables (Pre Bush Tax Cut)

f you are married and filing jointly and your taxable income is between:

0-43,850 Your tax rate is 15%
$43,850 and $105,950 Your tax rate is 28%
$105,950 and $161,450 your tax rate is 31%
$161,450 and $288,350 your tax rate is 36%
288,350 and above your tax rate is 39.6%

Would the people on the Dodge Board like to see these taxes rolled back to the 2000 levels and perhaps more? If so why and if not why? The tax roll backs would be a tax raise not only on the wealthy but everyone that pays taxes. What do you think?

Tax Brackets (Federal Income Tax Rates) 2000 through 2007

[jeezeweeze]

I really don't understand anything about taxes.

I just pay them. They take what they want and send the rest back.
There was only one time that I had to send them "mo money", and it was $23.00.

I don't really have a problem with paying taxes. The problem is not on this end of the process. We all know where the abuse is.