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Old 08-31-2003, 05:35 PM  
lexr
Confirmed User
 
Join Date: Jul 2003
Location: Tempe, AZ
Posts: 428
Quote:
Originally posted by TheSaint


Its the infamous "bubble" created a few years ago late at night in a deal in Congress.

Remember, it does not help you to get above the bubble. You still pay 39% on every dollar for 100K to 335K.
Yeah, pretty stupid. I get asked about that by like one third of my clients. It's the dumbest thing ever created. I can almost understand higher tax rates as you move up in the brackets, but definitely not bubbles like that. Why go up and then go back down in %? Someone was on crack one day at work.
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