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Reply #7: I posted on Bush's Secret Plan [View All]

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Coastie for Truth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 12:30 PM
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7. I posted on Bush's Secret Plan


This is the Secret Plan---->


1. Merge and reduce the two highest marginal tax rates:
    Schedule X (single) and Y-1 (filing jointly)
    Over $146,750 -- 30%
    (was two rates- 33% up to $319,010, and 35% on everything above $319,010)

2. Eliminate the Estate Tax.

3. Cap Medicare Tax at $146,750.

4. Deductability of FICA and Medicare Taxes to calculate AGI


Rebuilding New Orleans and the Mississippi Gulf Coast will be a great excuse to lower taxes on the "Have Mores."
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