[trebb]

Lots of people gonna be upset because they envisioned being able to by Porches with the savings - also of note is that in my (and likely 99.9% of Freepers), the 12% rate becomes 8% if you file married...

[nopardons]

Nobody imagined that they would be able to "buy Porches" with the new tax SUPPOSED CUT; but they DID NOT expect that they would get screwed to the wall, either.

There is NO bracket that is 8%; NONE !

And it is extremely doubtful ( impossible! ) that 99.9% of Freepers have a taxable income of $90,000 or less.

In NYC, a married couple, with the wife being a teacher and the husband a firefighter would have a taxable of income of at least $100,000.

Many of your fellow FReepers, all over this nation have all kinds of different jobs, with different incomes. Painting with such a broad brush, as you do, is wrong; no matter what the topic !