Do you think the U.S. Personal tax exemption should be raised? (it's capped at just over $3k now)

[netmouse]

[Poll #1835541]

Comments

[ceemage.livejournal.com]

Different systems, I know, so not strictly comparable. But the Personal Allowance in the UK for Income Tax is £8,105 ($13,050) for 2012-13, and will be increasing to £10,000 ($16,100) over the next few years.

[netmouse.livejournal.com]

That's per person?

[ceemage.livejournal.com]

*Nods* All income tax is done per person, so husbands and wives have a separate allowance. (As, in theory, do the children, but they are unlikely in practice to have any meaningful income to able to use it.)