February 07, 2011
Letter to the Editor Of Kiplingers
I think Mary Beth Franklin needs to clarify something in her article "Capitalize on the New Tax Law." A person making $50,000 a year will NOT have $1,000 "extra" in their pay this year. The FIT tables increased as well. So the $1,000 turns into around $700 for a single person and $450 for a married person! The magic of government.