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Recent Comments

Re: “The GOP primary contenders and their supporters plead their cases

Romney wants to keep the same tax system in place with a few very small changes (no tax on dividend or capital gain income for taxpayers less than $200K in income). His plan will hurt anyone with 3 or more children and eligible for the expanded Earned Income Credit.
Santorum’s tax plan will help families with multiple children, but he will have a difficult time using these same tax brackets for couples with no children, as they may pay more taxes under his plan than under existing tax rates.
We compared the taxes paid for 4 taxpayers – Single Parent, Family, Executive and Retired Couple. The results are very interesting, and somewhat surprising.

Joe Faris, CPA
Accountalent Management Corp.

1 of 1 people like this.
Posted by joefaris on January 16, 2012 at 12:49 PM
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