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Home Front: Politix
IRS Posts New Tax Brackets for 2023 - We're Screwed
2022-10-20
Starting around the end of PDF Page 5 and continuing on.

TABLE 1 - Section 1 - Married Individuals Filing Joint Returns and Surviving Spouses

The New Middle Class Family Taxable Income seems to be around
$89,450, but not over $190,750. With a tax of $10,294 plus 22%
of the excess over $89,450.
Posted by:NN2N1

#6  AS a FIXED income retiree getting 8.5% COLA in a 21% already inflated economy, the added 6.7% tax hike sure did not help me or a million plus other retirees on fixed incomes.
Posted by: NN2N1   2022-10-20 17:18  

#5  Oh joy. More deficit spending then!
Posted by: DarthVader   2022-10-20 17:08  

#4  Soaring inflation sees tax bills fall by huge 6.7% with Americans getting up to $900 in savings as brackets change across the board to cope with cost of living crisis
Posted by: Skidmark   2022-10-20 15:16  

#3  There's not much to say, and I don't agree with this headline. We'd be screwed worse if the tax brackets weren't indexed for inflation.
Posted by: Raj   2022-10-20 10:48  

#2  Waiting for Raj comments...
Posted by: Vespasian Ebboting9735   2022-10-20 09:23  

#1  I didn't see the application for a 'Hunter' exemption.
Posted by: Procopius2k   2022-10-20 09:18  

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