Monday, Nov. 2, 2009

Taxing the rich

The House Democrats' health care plan, combined with President Barack Obama's budget proposal, would hit wealthy Americans with big tax increases. How families at different income levels would be affected:
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Status Children Income Taxes Change
Single 0 300,000 66,500 0
Married 2 300,000 57,100 0
Single 0 450,000 110,200 5,100
Married 2 450,000 102,600 0
Single 0 800,000 240,300 39,700
Married 2 800,000 214,800 24,000
Single 0 5 million 1.84 million 461,000
Married 2 5 million 1.80 million 434,500
---
Source: Deloitte Tax analysis
2009-11-02     08:46:25 GMT

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