Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: notesfiles
Path: utzoo!watmath!clyde!akgua!mcnc!decvax!harpo!seismo!hao!hplabs!hp-pcd!hpfcla!ajs
From: ajs@hpfcla.UUCP
Newsgroups: net.taxes
Subject: Re: Tax Bracket Question
Message-ID: <29700004@hpfcla.UUCP>
Date: Wed, 11-Apr-84 14:20:00 EST
Article-I.D.: hpfcla.29700004
Posted: Wed Apr 11 14:20:00 1984
Date-Received: Sat, 7-Apr-84 01:43:42 EST
References: <-158000@fortune.UUCP>
Organization: Hewlett-Packard Fort Collins Systems Division - Fort Collins, CO
Lines: 11
Nf-ID: #R:fortune:15800004:hpfcla:29700004:000:618
Nf-From: hpfcla!ajs    Apr  1 11:20:00 1984

It's ALMOST true that the tax rates are linear, not  stepwise.  However,
to keep the brainless majority from having to figure (gasp) percentages,
the  Federal  tax  tables do have $50  steps in them.  Ergo, a  one-cent
difference  in your  income  can  result  in a large  (say, $15 for ~30%
bracket)  difference in your taxes.  This of course provides  irritating
incentive to go back very  carefully over your Schedule A and see if you
left  anything  out.  There  is  almost  always  one  more,  small,  but
legitimate  deduction you've  overlooked that can save you the cost of a
dinner for two.

Alan Silverstein