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Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: The Fiscal Cliff-Solving the wrong problem||Date: 11/14/2012 4:41 PM|
|Author: jgc123||Number: 408513 of 463441|
My post clearly was talking about an increase in the marginal rate.
If you actually read what I wrote (the part that you did not highlight that precedes what you highlighted)...
... "a 5% increase in only those dollars which we earn above $250,000"....
A 5% increase in "only those dollars which we earn above $250,000" would mean an increase in our taxes in the amount of zero if we earn exactly $250,000.
Your response apparently covers a totally different scenario which entails a discussion of expiration of all the tax cuts.
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