[ale] OT fairtax isn't

[Matt Kubilus]

Um, not trying to nit pick, but the link you sent me shows exactly
what I explained with the tax tables:

"""
 To take an example, suppose your taxable income (after deductions and
exemptions) was exactly $100,000 in 2003 and your status was Married
filing separately; then your tax would be calculated like this:

(	$ 7,000   -   	0 )	  x .10 :	      $   700
(	28,400   -   	7,000 )	  x .15 :	3,210
(	57,325   -   	28,400 )	  x .25 :	7,231
(	87,350   -   	57,325 )	  x .28 :	8,407
(	100,000   -   	87,350 )	  x .33 :	4,175
	    Total: 	  $ 23,723
"""

On 3/16/07, Jeff Lightner <jlightner at water.com> wrote:
> Right my point again "fair" is subjective.
>
> The person that mentioned how tax tables work needs to dig further into
> it.  You DO pay a higher percentage in the higher brackets (assuming you
> haven't gone into all the tax dodges available to avoid it.)
> Have a look at this: http://www.moneychimp.com/features/tax_brackets.htm
>