Epic Guide

Based on using the actual tax tables (see link below), here are some examples on what the taxes were/are on various amounts of income for both singles and married couples. so let’s see if the Bush tax cuts only helped the rich. http://www.taxfoundation.org/publications/show/151.html

Taxes under Clinton 1999                      Taxes under Bush 2008

Single making 30K - tax $8,400           Single making 30K - tax $4,500

Single making 50K - tax $14,000         Single making 50K - tax $12,500

Single making 75K - tax $23,250          Single making 75K - tax $18,750

Married making 60K - tax $16,800     Married making 60K- tax $9,000

Married making 75K - tax $21,000     Married making 75K - tax $18,750

Married making 125K - tax $38,750 Married making 125K - tax $31,250