Striper Talk Striped Bass Fishing, Surfcasting, Boating - View Single Post

Fly Rod · 09-17-2010, 08:47 AM

If the extension of the Bush tax cuts are not re in stated the average family of four making 50,000 will be paying 2,900 more in taxes. This means that to break even the bread winner would have to work aproximately three extra weeks under the table and be paid 961.54 a week to break even.

A typical family of four with a household income of $50,000 a year would have to pay $2,900 more in taxes in 2011, according to a new analysis by Deloitte Tax LLP, a tax consulting firm. The same family making $100,000 a year would see its taxes rise by $4,500. Wealthier families face even bigger tax hikes. A family of four making $500,000 a year would pay $10,800 more in taxes. The same family making $1 million a year would get a tax increase of $52,300.

09-17-2010, 08:47 AM	#1
Fly Rod Registered User iTrader: (0) Join Date: Mar 2003 Location: Gloucester Massachusetts Posts: 2,678	Bush Tax Cut If the extension of the Bush tax cuts are not re in stated the average family of four making 50,000 will be paying 2,900 more in taxes. This means that to break even the bread winner would have to work aproximately three extra weeks under the table and be paid 961.54 a week to break even. A typical family of four with a household income of $50,000 a year would have to pay $2,900 more in taxes in 2011, according to a new analysis by Deloitte Tax LLP, a tax consulting firm. The same family making $100,000 a year would see its taxes rise by $4,500. Wealthier families face even bigger tax hikes. A family of four making $500,000 a year would pay $10,800 more in taxes. The same family making $1 million a year would get a tax increase of $52,300.