 Quote:
Originally Posted by mathjak107
taxes will drop in the future too i feel, they have been for over 20 years. every year the brackets extend upward by 3% . within the next few years 100k will be in the 15% bracket.
|
brackets are adjusted for inflation, unless we have some horrible inflation
in "the next few years", you won't see 15%/100K for 30 years. Don't forget
the alternative minimum tax that is now hitting the middle class, that isn't
being adjusted for inflation.
The country is in debt and this is during the good times, if we have a
recession it will only get worst, SS is going broke. Someday we'll have to
pay our check, when that happens, taxes will go up.
TJ
|