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March 2004, Week 4

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Jerome Finn <[log in to unmask]>
Reply To:
Jerome Finn <[log in to unmask]>
Date:
Fri, 26 Mar 2004 04:43:12 -0500
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On Thu, 25 Mar 2004 23:57:00 -0500, Greg Stigers <[log in to unmask]>
wrote:

>> The recent tax cuts would effect tax rates in two ways.
>> First it would cut the top rate from 38.6% to 35%.
>> That's the only rate that gets cut, the top one.
>I hope someone more aware of these numbers can refute them, as I can only
>complain that they do not "sound right". I'm pretty sure that I'm neither
of
>those last two guys, but I expect to benefit some from the federal tax cuts
>(no, I haven't done my taxes, yet).

This was the president's proposal shortly before it passed, but from what I
read he got most of what he wanted, so I doubt if there much change. There
were also other aspects like the not taxing dividents, and issues so
numerous and complex, I'll leave to accountants and lawyers.

Jerry Finn

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