Below is a table I stole from Iowa Fiscal.org (
http://www.iowafiscal.org/2009docs/090327-IFP-taxreform.pdf).
The reason I am putting this out is that the the whole foofarah at the capitol yesterday appears to be over a few of the better off Iowans having to pay a wee bit more in taxes.
It continues to amaze me that the likes of Ed Failor, Jr. can stir up the masses with the word that the right wing has made totally toxic: taxes.
Please read the document. It is about 3 pages and makes total sense. I am so saddened that apparently we can no longer have a civil, intelligent conversation about the workings of society. I am saddened that the likes of Ed Failor, Jr. lead people who do little to no thinking on issues. Damn I am frustrated.
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Table 1. Income Tax Changes Reduce Taxes
for Most Iowans
Adjusted Gross Number Avg Chg in
Income of Households Tax Liability
$0 to $10,000 212,172 -$ 3.86
$10,001 to $20,000 180,654 -$ 22.15
$20,001 to $30,000 171,352 -$ 35.57
$30,001 to $40,000 149,157 -$ 35.28
$40,001 to $50,000 121,607 -$ 38.82
$50,001 to $60,000 100,430 -$ 39.87
$60,001 to $70,000 83,358 -$ 51.53
$70,001 to $80,000 69,284 -$ 58.84
$80,001 to $90,000 55,345 -$ 62.66
$90,001 to $100,000 42,200 -$ 58.82
$100,001 to $125,000 61,655 -$ 19.90
$125,001 to $150,000 28,051 $ 45.55
$150,001 to $175,000 14,879 $131.28
$175,001 to $200,000 8,873 $199.06
$200,001 to $250,000 10,275 $261.44
$250,001 or more 23,974 $1,377.28
Source: Legislative Services Agency
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