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To: wolfman23601

I pulled up a recent return (2008) - mine was less and I’m definitely in the middle class.

Line 43 of the 1040 is labeled Taxable Income. It is the amount after subtracting the standard deduction (or itemized) and the $3500 per person exemptions. After subtracting $10,900 and $28000 ($3500 X 8) I was below $17k.


9 posted on 10/03/2012 6:38:39 AM PDT by Gil4 (Progressives - Trying to repeal the Law of Supply and Demand since 1848)
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To: Gil4

OK, where’s the decrease?


10 posted on 10/03/2012 6:43:15 AM PDT by sr4402
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