This message brought to you by Exxon Mobil.
is a subsidary of Media Research Center
, directly funded by Exxon, Scaife foundations, and other plutocrats & corporations)
Originally Posted by Pony Boy
This is from a Forbes article dated 7/3/12 that has the same figures for 2016.
Then, there is the amount of the tax. In 2014 the initial levy will be just $95. By 2016, it is scheduled to increase to $695 or 2.5 percent of taxable incomeóup to a maximum of $2,085 (indexed for inflation in subsequent years). It will increase, that is, if Congress does not slow the phase-in. And Iíve got a funny feeling about that.
This message brought to you by Koch Industries & Walmart.
(Written by Avik Roy, senior fellow at the Manhattan Institute
, which is directly funded by Koch Industries, Exxon, Chase Bank, Cigna, etc.)