Friday, 6 February 2004

How much did the last round of tax cuts save you?

There’s an excellent factual article over at The Motley Fool on the 2003 tax cuts, much of which is devoted to helping you figure out how much you saved on Federal income tax vs. the year 2002. According to the article, I paid about $450 less this year than I would have given the 2002 tax tables.

Of course, I don’t really count it as a tax cut, given the profligate spending of the Republican Congress and admininistration. I figure I’ll be paying for it one way or another eventually.