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View Diary: Ten Reasons why I Shall Vote Republican Next Time 20110709 (152 comments)

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  •  Tax (1+ / 0-)
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    Translator

    Enjoyed your diary...however you made some mistakes relating to the percentages you used for FICA and individual tax rates.  FICA consists of Social Security at 6.2% and Medicare at 1.45%.  Also, if an individual has a taxable income of $10 million, they would be taxed at 35%, not 30%.  The accountant in me just couldn't resist in pointing this out!

    •  I very much appreciate you (0+ / 0-)

      pointing out the mistakes that I made!  No hard feelings at all, but rather just thanks to you.

      I do not think that those errors did much to debunk my central ideas, but I value accuracy very much.  I thank you again for correcting me.  That is part of what the comments are good to use.

      Warmest regards, my new friend,

      Doc

      I have a new, secret crush. Nothing will come of it, but it is fun.

      by Translator on Sun Jul 10, 2011 at 01:45:29 AM PDT

      [ Parent ]

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