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To: cuban leaf

I can’t wait for the outcry over this:

Effective by January 1, 2013

Income from self-employment and wages of single individuals in excess of $200,000 annually will be subject to an additional tax of 0.9%. The threshold amount is $250,000 for a married couple filing jointly (threshold applies to joint compensation of the two spouses), or $125,000 for a married person filing separately.[74] In addition, an additional Medicare tax of 3.8% will apply to unearned income, specifically the lesser of net investment income or the amount by which adjusted gross income exceeds $200,000 ($250,000 for a married couple filing jointly; $125,000 for a married person filing separately.)[


23 posted on 07/24/2012 12:53:25 PM PDT by ltc8k6
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To: ltc8k6

My goal is to get my “taxable” income to a low enough amount that I’m one of those that pays no tax. ;-)


24 posted on 07/24/2012 12:55:07 PM PDT by cuban leaf (Were doomed! Details at eleven.)
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